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CLS

Celestica has raised its FY24 revenue outlook to $9.45 billion from the previous $9.1 billion, surpassing the estimated $9.126 billion. Additionally, the company has increased its adjusted EPS forecast to $3.62 from the prior $3.30, exceeding the estimated $3.33.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:57 pm

CLS

Celestica has announced its Q3 revenue expectations to be between $2.325 billion and $2.475 billion, surpassing the estimated $2.29 billion. The company also expects adjusted EPS to be between $0.86 and $0.96, higher than the estimated $0.82.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:53 pm

CLS

Celestica (NYSE:CLS) reported strong Q2 2024 earnings, with adjusted EPS of $0.91 beating estimates by 12.35% and sales of $2.391 billion surpassing expectations by 6.31%. Both metrics showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:51 pm

ORN

Orion Group Holdings (NYSE: ORN) reported Q2 2024 adjusted EPS of $(0.16), missing the $(0.01) estimate by a significant margin. Sales were $192.167 million, slightly below the $192.786 million estimate but up 5.28% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:42 pm

F

GM

General Motors (GM) shares are trading lower after-hours following Ford's (F) Q2 earnings release. Ford missed earnings estimates and reported a significant drop in revenue from its Model e segment. GM shares are down slightly in sympathy, despite reporting strong Q2 results and beating earnings estimates.

Portfolio Pulse from Erica Kollmann

July 24, 2024 | 9:36 pm

NRG

NRG Energy (NYSE:NRG) has outperformed the market over the past 5 years, producing an average annual return of 16.37%. An investment of $100 in NRG stock 5 years ago would be worth $215.11 today. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 9:30 pm

ESRT

Empire State Realty Trust (ESRT) has reaffirmed its 2024 Core Funds From Operations (FFO) guidance in the range of $0.90 to $0.94, with an estimate of $0.92.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:28 pm

MPB

Mid Penn Bancorp (NASDAQ:MPB) reported Q2 2024 adjusted earnings per share (EPS) of $0.68, surpassing the analyst consensus estimate of $0.60 by 13.33%. This performance is consistent with the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:26 pm

QS

QuantumScape Corporation (NYSE:QS) reported a GAAP quarterly loss of 25 cents per share, missing analyst estimates. The company ended Q2 with $938 million in liquidity and extended its cash runway to 2028 due to a licensing deal with PowerCo. Despite maintaining its full-year 2024 guidance, QS shares fell 5.09% after-hours.

Portfolio Pulse from Erica Kollmann

July 24, 2024 | 9:18 pm

ALGN

Align Technology Inc (NASDAQ:ALGN) shares dropped in after-hours trading following the release of its Q2 earnings report, which showed mixed results and soft guidance. The company reported Q2 revenue of $1.03 billion, slightly below estimates, and EPS of $2.41, above estimates. Despite a 2.6% year-over-year revenue increase, clear aligner revenues were down 0.1%. Align's guidance for Q3 and full-year 2024 was below expectations, contributing to the stock's decline.

Portfolio Pulse from Adam Eckert

July 24, 2024 | 9:12 pm