Streetbeat News

Stock Prices

EXAS

Exact Sciences Corp (NASDAQ:EXAS) shares surged after the company reported better-than-expected Q2 financial results. The company posted a quarterly loss of 9 cents per share, significantly beating the analyst consensus estimate of a 32-cent loss. Quarterly sales reached $699.264 million, surpassing the $690.003 million estimate and marking a 12.41% year-over-year increase. Screening revenue rose by 15% to $532 million, and Precision Oncology revenue increased by 6% to $168 million. The company also announced an exclusive licensing agreement with TwinStrand Biosciences. Exact Sciences maintained its full-year revenue guidance of $2.81 billion to $2.85 billion.

Portfolio Pulse from Erica Kollmann

July 31, 2024 | 9:45 pm

SUI

Sun Communities has reiterated its FY24 Core FFO per share guidance of $7.06 to $7.22, with an estimate of $7.12.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:44 pm

RGR

Sturm Ruger & Co (NYSE:RGR) reported Q2 2024 earnings of $0.47 per share, missing the analyst estimate of $0.76 by 38.16%. Sales were $130.761M, also below the $137.601M estimate, marking an 8.43% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:44 pm

META

SNAP

Snap Inc (NYSE:SNAP) shares are trading higher in after-hours trading, likely in sympathy with Meta Platforms Inc (NASDAQ:META), which reported better-than-expected earnings. Meta's strong advertising results and AI advancements are positively impacting Snap ahead of its own earnings report.

Portfolio Pulse from Adam Eckert

July 31, 2024 | 9:42 pm

TTI

Tetra Technologies (NYSE:TTI) reported Q2 2024 adjusted EPS of $0.07, missing the $0.10 estimate by 30%. Sales were $171.935M, missing the $181.484M estimate by 5.26%. Both EPS and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:42 pm

WEAV

Weave Communications (NYSE:WEAV) reported Q2 sales of $50.586 million, beating the analyst consensus estimate of $48.670 million by 3.94%. This represents a 21.41% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:40 pm

RSI

Rush Street Interactive (NYSE:RSI) reported Q2 2024 earnings of $0.04 per share, beating the $0.00 estimate. Sales were $220.379M, surpassing the $201.371M estimate and showing a 33.51% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:39 pm

DLX

Deluxe Corporation (DLX) has revised its FY24 revenue forecast downwards from the previous range of $2.14 billion - $2.18 billion to a new range of $2.12 billion - $2.16 billion. The estimated revenue is $2.163 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:38 pm

LAB

Standard BioTools (NASDAQ:LAB) reported Q2 2024 GAAP EPS of $(0.12), missing the $(0.10) estimate. Sales were $37.205M, missing the $48.250M estimate. Despite the misses, EPS improved by 45.45% and sales increased by 34.48% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:37 pm

RHP

Ryman Hospitality Properties has projected its FY24 Adjusted Funds From Operations (AFFO) to be in the range of $8.09 to $8.51.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:36 pm