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SPG

Simon Property Group (NYSE: SPG) reported mixed Q2 results with an EPS miss but a revenue beat. The company reported earnings of $2.90 per share, missing the consensus estimate of $2.94, but revenue of $1.45 billion beat the estimate of $1.3 billion. Occupancy increased to 95.6%, and the company raised its quarterly dividend to $2.05 per share. Full-year FFO guidance was raised to between $12.80 and $12.90.

Portfolio Pulse from Erica Kollmann

August 05, 2024 | 9:18 pm

GSM

Ferroglobe has updated its adjusted EBITDA guidance for the fiscal year, narrowing the range from $130M-$170M to $150M-$170M.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:17 pm

LGIH

LGI Homes, Inc. (NASDAQ:LGIH) announced it closed 568 homes in July 2024 and had 130 active selling communities as of July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:16 pm

GPMT

Granite Point Mortgage (NYSE:GPMT) reported Q2 2024 adjusted EPS of $(0.05), beating the estimate of $(0.21) but showing a significant decline from $0.20 per share last year. Sales were $8.131 million, missing the $12.307 million estimate and down 62.77% from $21.840 million last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:15 pm

PRIM

Primoris Services has projected its FY24 adjusted EPS to be between $3.25 and $3.45, surpassing the estimated $2.94. The company also expects net income to range from $148.5 million to $159.5 million.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:13 pm

ZI

ZoomInfo Technologies Inc (NASDAQ:ZI) reported disappointing Q2 earnings with both revenue and EPS missing estimates. The company also provided soft guidance for Q3 and announced a CFO transition. Shares dropped 13.37% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 05, 2024 | 9:11 pm

NSA

National Storage shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:10 pm

PLMR

Palomar shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:09 pm

DH

Definitive Healthcare has projected its Q3 2024 revenue to be between $61 million and $62.5 million, which is below the market estimate of $63.16 million.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:09 pm

NEWT

NewtekOne has maintained its FY24 EPS forecast in the range of $1.85 to $2.05, with an estimated EPS of $1.91.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:09 pm