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Cactus Surpasses Q2 Earnings and Revenue Estimates
2024 Aug 05, 2:46pm | 797Cactus, Inc. (NYSE: WHD) reported second-quarter 2024 adjusted earnings of 81 cents per share, which beat the Zacks Consensus Estimate of 70 cents. However, the bottom line declined from the year-ago quarter's 84 cents. Total quarterly revenues of $290 million beat the Zacks Consensus...
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WIX Set to Report Q2 Earnings: Here's What You Should Know
2024 Aug 05, 1:30pm | 1036Wix.com Ltd (NASDAQ: WIX) is slated to report second-quarter 2024 results on Aug 7. The company expects revenues to be between $431 million and $435 million, implying 11-12% growth from the prior-year quarter's reported figure. The Zacks Consensus Estimate is pegged at $433.6 million,...
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Middleby Q2 Earnings Beat Estimates, Sales Down Y/Y
2024 Aug 02, 4:10pm | 673The Middleby Corporation (NASDAQ: MIDD) reported second-quarter 2024 adjusted earnings of $2.39 per share, which beat the Zacks Consensus Estimate of $2.27. The bottom line decreased 3.6% year over year due to lower sales. Net sales of $992 million beat the consensus estimate of $989 million. The...
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MasTec Q2 Earnings Beat, Revenues Lag, '24 View Revised
2024 Aug 02, 3:44pm | 1012MasTec, Inc. (NYSE: MTZ) reported mixed results in the second quarter of 2024, with earnings beating the Zacks Consensus Estimate and the revenues missing the same. On the other hand, the bottom and top lines increased year over year. The company's results reflect solid contributions from its...
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Lincoln Electric Q2 Earnings Beat, Revenues Dip Y/Y
2024 Aug 02, 3:42pm | 776Lincoln Electric Holdings, Inc. (NASDAQ: LECO) reported adjusted earnings of $2.34 per share in the second quarter of 2024, beating the Zacks Consensus Estimate of $2.30. The bottom line decreased 4.1% year over year. Including one-time items, the bottom line was $1.77 per share compared with $2.36...
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Acco Brands Beats Q2 Earnings Estimates
2024 Aug 02, 1:44pm | 650Acco Brands (NYSE: ACCO) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise...
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Twilio Rises 7% as Q2 Earnings & Revenues Beat Estimates
2024 Aug 02, 1:40pm | 998Twilio Inc. (NYSE: TWLO) shares gained 6.7% during Thursday's extended trading session after the cloud communication company reported better-than-expected second-quarter 2024 results. The programmable communication tool provider reported non-GAAP earnings of 87 cents per share, which surpassed...
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Cloudflare Soars 10% on Q2 Earnings Beat, Raised Guidance
2024 Aug 02, 1:40pm | 871Cloudflare, Inc. (NYSE: NET) shares gained more than 10% during Thursday's extended trading session after the company reported better-than-expected second-quarter results and raised guidance for full-year 2024. The connectivity cloud services provider's second-quarter revenues and earnings...
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Teleflex Tops Q2 Earnings Estimates, Raises 2024 Outlook
2024 Aug 02, 1:36pm | 1262Teleflex Incorporated (NYSE: TFX) posted adjusted earnings per share from continuing operations of $3.42 in the second quarter of 2024, up 0.3% from the year-ago quarter's figure. The metric topped the Zacks Consensus Estimate by 2.7%. GAAP EPS came in at $1.69 in the second quarter compared...
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U.S. Steel's Earnings and Revenues Surpass Estimates in Q2
2024 Aug 02, 1:10pm | 874United States Steel Corporation (NYSE: X) logged a profit of $183 million or 72 cents per share for second-quarter 2024, down from a profit of $477 million or $1.89 per share in the year-ago quarter. Barring one-time items, adjusted earnings per share were 84 cents, down from $1.92 a year ago. The...
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ResMed's Q4 Earnings Surpass Estimates, Margins Expand
2024 Aug 02, 1:08pm | 1029ResMed Inc.'s (NYSE: RMD) adjusted earnings per share in the fourth quarter of fiscal 2024 were $2.08, up 30% year over year. The metric beat the Zacks Consensus Estimate by 2.5%. The adjustments include certain non-recurring expenses/benefits like the amortization of acquired intangibles,...
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Here's What to Expect From Assurant in Q2 Earnings
2024 Aug 02, 1:04pm | 899Assurant, Inc. (NYSE: AIZ) is slated to report second-quarter 2024 earnings on Aug 6, after the closing bell. AIZ delivered an earnings surprise in each of the last four quarters, the average beat being 42.47%. Factors to Note The continued strength of the Global Housing segment, as well as growth...
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Apple Analyst Says 'Confidence In The AI Upgrade Cycle Is Starting To Show'
2024 Aug 02, 10:21am | 606Apple Inc. (NASDAQ:AAPL) continues to set itself apart as a leader in innovation and growth potential, particularly in the realm of artificial intelligence. JPMorgan analyst Samik Chatterjee is bullish on the tech giant, reiterating an Overweight rating following Apple’s third-quarter fiscal...
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Biogen Q2 Earnings & Sales Beat, 2024 Guidance Raised
2024 Aug 01, 3:52pm | 1537Biogen (NASDAQ: BIIB) reported second-quarter 2024 adjusted earnings per share of $5.28, beating the Zacks Consensus Estimate of $4.00. Earnings rose 31% year over year. Earnings benefited from the sale of one of Biogen's two priority review vouchers (PRV). Excluding PRV sales, adjusted...
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CONMED Q2 Earnings Beat, Sales Rise Y/Y, '24 View Cut
2024 Aug 01, 3:50pm | 904CONMED Corporation (NYSE: CNMD) delivered adjusted earnings per share of 98 cents in the second quarter of 2024, which beat the Zacks Consensus Estimate of 92 cents by 6.5%. The bottom line improved 18.1% from the year-ago quarter's level. GAAP EPS for the quarter was 96 cents compared...
Coverage of Earnings Beats.