On July 29 local time, the SEC received 25 Form 8-K Item 2.02 (earnings announcement) filings.
Today's SEC Earnings Filings
Defense contractor L3Harris Technologies (LHX) and railroad operator Canadian Pacific Kansas City (CP) disclosed quarterly results via SEC Form 8-K Item 2.02 filings. Data center infrastructure company Vertiv Holdings (VRT), industrial instrumentation maker Fortive (FTV), HVAC distributor Watsco, aluminum rolling company Constellium (CSTM), packaging firm Smurfit WestRock (SW), and oilfield services provider Cactus (WHD) also reported earnings.
Semiconductor equipment maker Lam Research (LRCX) reported earnings. Credit scoring software company Fair Isaac (FICO), IT media firm TechTarget (TTGT), and wearable device maker Garmin (GRMN) also disclosed quarterly results via SEC Form 8-K.
Ophthalmology specialist Bausch + Lomb (BLCO), pharmaceutical company Bausch Health (BHC), neuropsychiatric drug maker Corcept Therapeutics (CORT), and cardiovascular drug company Amarin (AMRN) reported earnings.
Healthcare REIT Ventas (VTR), cruise-ship wellness services company OneSpaWorld Holdings (OSW), recreational vehicle dealer Camping World Holdings (CWH), and online casino company Rush Street Interactive (RSI) also reported earnings.
Real estate services firm Newmark Group (NMRK), regional bank First National (FXNC), education company Strategic Education (STRA), marine services firm SEACOR Marine Holdings (SMHI), and building materials company Dirt Environmental Solutions rounded out today's earnings list.
Earnings Surprises and Guidance
According to Investing.com, Fair Isaac (FICO)'s third-quarter EPS beat market expectations, but its stock plunged in after-hours trading. The same outlet reported that Robinhood (HOOD) extended its growth streak with second-quarter results that topped estimates, while Q2 Holdings also beat second-quarter expectations, though its shares slipped slightly. Boot Barn, meanwhile, beat first-quarter estimates yet still saw its stock fall, and PennyMac Mortgage Investment Trust missed second-quarter EPS expectations. According to MarketBeat, Boot Barn and Service Corporation International issued fresh second-quarter and full-year guidance, respectively.
Korean Company Earnings
According to Chosun Biz, Korea Investment & Securities said SK Hynix's second-quarter results were affected by delayed shipments of high-value-added products, but forecast continued growth in the second half and set a target price of ₩4.7 million (about $3,250) per share.
InteliView In-Depth Analysis
- Robinhood posts record Q2 revenue of $1.31 billion, up 32% YoY as net income jumps 48% — an in-depth look at Robinhood's Q2 results, which beat estimates today
- Lam Research posts record Q4 revenue of $6.7 billion, up 30% YoY, with EPS also beating estimates — a look back at Lam Research's prior quarter, which reported earnings via SEC filing today
- Humana's Q2 adjusted EPS of $7.61 beats estimates, but full-year GAAP profit outlook is lowered — for context on healthcare-sector earnings trends
- General Dynamics posts Q2 revenue of $14.1 billion, EPS up 13.4% to $4.24 — a defense-sector comparison worth weighing against L3Harris
- P&G's Q4 revenue of $21.2 billion falls short of estimates as net income drops 15% — for context on consumer-staples earnings trends
- Boston Scientific posts Q2 revenue of $5.5 billion, up 7.5% YoY, with profit also beating estimates — for reference on medtech device earnings
