Earnings Beat

Mohawk’s Shares Up on Q2 Earnings Beat, Net Sales Miss

July 26, 2024 author

Mohawk Industries, Inc. (NYSE: MHK) reported mixed results for the second quarter of 2024 (ended Jun 29). Its earnings surpassed the Zacks Consensus Estimate and improved year over year. It reported an earnings beat in each of the trailing six quarters. On the other hand, net sales declined on a year-over-year basis and missed the […]

Earnings Beat

AptarGroup Earnings Beat Estimates in Q2, Increase Y/Y

July 26, 2024 author

AptarGroup, Inc. (NYSE: ATR) reported second-quarter 2024 adjusted earnings per share of $1.37, beating the Zacks Consensus Estimate of $1.36. The bottom line increased 12% year over year from $1.22 (including comparable exchange rates). On a reported basis, earnings per share were $1.34 compared with the year-ago quarter’s $1.24. Total revenues increased 1.6% year over […]

Earnings Beat

Deckers Beats on Q1 Earnings, Raises FY25 Guidance

July 26, 2024 author

Deckers Outdoor Corporation (NYSE: DECK) witnessed a 10.2% jump in its share price during the after-market trading session on Jul 25. This rally was in response to the company’s outstanding first-quarter performance and an upbeat fiscal 2025 forecast. The strong quarterly results were underpinned by the exceptional performance of the HOKA ONE ONE and UGG […]

Earnings Beat

First Hawaiian Beats Q2 Earnings and Revenue Estimates

July 26, 2024 author

First Hawaiian (NASDAQ: FHB) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected […]

Earnings Beat

TriNet Group Tops Q2 Earnings and Revenue Estimates

July 26, 2024 author

TriNet Group (NYSE: TNET) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 23.39%. A quarter ago, it was expected […]

Earnings Beat

RPC Q2 Earnings Outpace Estimates, Revenues Lag

July 26, 2024 author

RPC Inc. (NYSE: RES) reported second-quarter 2024 adjusted earnings of 15 cents per share, which beat the Zacks Consensus Estimate of 13 cents. The bottom line declined from the year-ago quarter’s figure of 30 cents. Total quarterly revenues were $364.2 million, down from the year-ago quarter’s $415.9 million. The top line also missed the Zacks Consensus […]

Earnings Beat

IBM Beats Q2 Earnings on AI Growth: ETFs to Buy

July 25, 2024 author

After the closing bell on Jul 24, International Business Machines (NYSE: IBM) reported strong second-quarter 2024 results. It beat estimates for earnings and revenues, citing rising customer demand for new AI projects. IBM shares spiked 4% in aftermarket hours. Investors seeking to tap the strength could consider ETFs having the highest allocation to this tech […]

Earnings Beat

PG&E Q2 Earnings Top Estimates, Revenues Increase Y/Y

July 25, 2024 author

PG&E Corporation (NYSE: PCG) reported second-quarter 2024 adjusted earnings per share of 31 cents, which surpassed the Zacks Consensus Estimate of 30 cents by 3.3%. The bottom line also improved 34.8% from the year-ago quarter’s reported figure. The company reported GAAP earnings of 24 cents per share compared with 19 cents in the prior-year quarter. […]

Earnings Beat

CBRE Group Q2 Earnings Beat, 2024 Outlook Raised

July 25, 2024 author

CBRE Group Inc. (NYSE: CBRE) reported second-quarter 2024 core earnings per share of 81 cents, ahead of the Zacks Consensus Estimate of 69 cents. However, the reported figure declined 1.2% year over year. Reflecting positive sentiments, shares of CBRE were up more than 9% so far today. Results reflect growth in its resilient lines of […]

Earnings Beat

Ladder Capital Q2 Earnings and Revenues Top Estimates

July 25, 2024 author

Ladder Capital (NYSE: LADR) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.33%. A quarter ago, it was expected […]

Earnings Beat

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