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EBAY

eBay projects its Q2 2024 revenue to be between $2.49B and $2.54B, which is below the estimated $2.55B.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:41 pm

DVN

Devon Energy (NYSE:DVN) reported Q1 earnings of $1.16 per share, surpassing the $1.11 estimate, and sales of $3.60B, exceeding the $3.47B estimate. This represents a decrease from last year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:41 pm

MGM

MGM Resorts International (NYSE:MGM) reported Q1 earnings of 74 cents per share, surpassing the analyst consensus of 56 cents. Quarterly sales were $4.383 billion, exceeding estimates of $4.236 billion and marking a 13.16% increase from the previous year. The growth was attributed to MGM China's performance and the lifting of COVID-19 restrictions in Macau. The company also highlighted a strategic growth plan and a successful partnership with Marriott, leading to a 1.94% after-hours stock price increase.

Portfolio Pulse from Erica Kollmann

May 01, 2024 | 8:41 pm

ZG

Zillow Group (ZG) reported Q1 2024 adjusted EPS of $0.36, surpassing the $0.32 estimate, with sales of $529M also beating the $508.651M estimate. This represents a year-over-year earnings increase of 2.86% and a sales increase of 12.79%.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:41 pm

ACLS

Axcelis Technologies projects its Q2 2024 earnings per share (EPS) to be around $1.30, which is below the estimated $1.49. Additionally, the company anticipates revenue to be approximately $245 million, also falling short of the expected $261.473 million.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:40 pm

FRSH

Freshworks provided its Q2 revenue forecast to be between $168M-$170M, falling short of the estimated $172.082M. However, its adjusted EPS is expected to be in line with estimates at $0.05-$0.06.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:39 pm

LUNG

Pulmonx (NASDAQ:LUNG) reported Q1 2024 earnings with a smaller loss per share of $(0.36) compared to the expected $(0.46), and sales of $18.854M, surpassing the $17.893M estimate. This represents a 14.29% improvement in losses and a 29.71% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:39 pm

PPC

Pilgrims Pride (NASDAQ:PPC) reported Q1 2024 adjusted EPS of $0.77, surpassing the $0.64 estimate, marking a 862.5% increase from last year's $0.08. However, their sales of $4.362B fell short of the $4.450B estimate, though it's a 4.70% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:39 pm

MAX

MediaAlpha (NYSE:MAX) reported Q1 2024 earnings with a GAAP EPS of $(0.02), surpassing the $(0.10) estimate, and sales of $126.649M, exceeding the $109.349M estimate. This represents significant improvements over the previous year, with a 91.3% increase in EPS and a 13.45% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:36 pm

LBTYA

Liberty Global (NASDAQ:LBTYA) reported Q1 2024 earnings of $1.32 per share, surpassing the $(0.72) estimate, marking a 283.33% beat and a 183.02% increase from last year's $(1.59) per share loss. Sales reached $1.945B, exceeding the $1.885B forecast by 3.21% and showing a 4.12% increase from $1.868B in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:36 pm