BlackRock press release (NYSE:BLK): Q2 Non-GAAP EPS of $10.36 beats by $0.40. Revenue of $4.81B (+7.8% Y/Y) beats by $30M. 8% increase in revenue year-over-year, primarily driven by the positive impact of markets on average AUM, organic base fee growth, and higher performance fees and technology services revenue. $139 billionContinue Reading
Igor Kutyaev China’s retail sales rose by 2% year-on-year in June 2024, falling short of market forecasts of 3.3% and notably slowing from a 3.7% gain in the previous month, marking the 17th consecutive month of growth in retail trade, albeit the softest in the sequence. On a monthly basis,Continue Reading
PepsiCo press release (NASDAQ:PEP): Q2 Non-GAAP EPS of $2.28 beats by $0.12. Revenue of $22.5B (+0.8% Y/Y) misses by $100M. For 2024, the Company now expects: Approximately 4 percent organic revenue growth (previously at least 4%). In addition, the Company continues to expect: At least 8 percent increase in coreContinue Reading
Stolt-Nielsen press release (OTCPK:SOIEF): Q2 GAAP EPS of $1.87. Revenue of $741.15M (+2.7% Y/Y) beats by $28.78M. The STJS average time-charter equivalent revenue was $32,862 per operating day, up 6.4% from $30,880. Stolt-Nielsen Limited consolidated EBITDA1 of $207.9 million, up from $82.5 million. At Stolt Tank Containers, shipment volumes continuedContinue Reading
Simulations Plus press release (NASDAQ:SLP): Q3 Non-GAAP EPS of $0.19 beats by $0.03. Revenue of $18.54M (+14.2% Y/Y) beats by $0.62M. Software revenue increased 12% to $11.9 million, representing 64% of total revenue Services revenue increased 18% to $6.6 million, representing 36% of total revenue Gross profit was constant atContinue Reading
Tramino/iStock Unreleased via Getty Images Nikola (NASDAQ:NKLA) said through the HYLA brand, the firm has wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks in Q2, crossing the high end of truck sales guidance of 60 units. “We have maintained our 2024 momentum with solid wholesale numbers, new customers suchContinue Reading
Bet_Noire/iStock via Getty Images Most-active gold futures dipped below $2,300/oz on Wednesday to the lowest finish in more than seven weeks, weighed by a stronger dollar and higher bond yields, while traders await U.S. inflation data due later this week. The dollar rose 0.4% to nearly a two-month peak againstContinue Reading
Alimentation Couche-Tard press release (OTCPK:ANCTF): Q4 Non-GAAP EPS of $0.48. Revenue of $17.6B (+8.2% Y/Y) beats by $620M. Adjusted EBITDA for the fourth quarter of fiscal 2024 decreased by $180.3 million, or 13.6%, compared with the corresponding quarter of fiscal 2023. The income tax rate for the fourth quarter of fiscal 2024 was 10.2%Continue Reading
