The ongoing earnings season has been a boon to listed companies’ share prices in the second quarter of the year, helping offset macroeconomic uncertainties such as the US-Iran war, global trade, and questions over how quickly technology companies can recoup and generate returns from their heavy investments in artificial intelligence.
Since the start of the Q2 earnings season, more than 88 percent S&P 500 companies have already reported their results, with 86 percent beating earnings expectations.
On Thursday alone, over 650 companies released their financial and operating highlights, yet only 37 of them delivered notable earnings surprises. Below, we highlight the companies that stood out with notable earnings surprises.
37. Globus Medical, Inc. (NYSE:GMED)
Globus Medical, Inc. (NYSE:GMED) posted EPS of $1.34 for the second quarter, topping expectations by $0.24.
36. Arrow Electronics, Inc. (NYSE:ARW)
Arrow Electronics, Inc. (NYSE:ARW) posted $5.45 EPS, topping expectations by $1.00.
35. Concentra Group Holdings Parent, Inc. (NYSE:CON)
Concentra Group Holdings Parent, Inc. (NYSE:CON) exceeded EPS expectations by $0.11, finishing at $0.52.
34. ICU Medical, Inc. (NASDAQ:ICUI)
ICU Medical, Inc. (NASDAQ:ICUI) ended at $2.37 EPS, beating analyst predictions by $0.46.
33. BioMarin Pharmaceutical Inc. (NASDAQ:BMRN)
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) posted $1.20 EPS, beating estimates by $0.25.
32. Halozyme Therapeutics, Inc. (NASDAQ:HALO)
Halozyme Therapeutics, Inc. (NASDAQ:HALO) posted EPS of $2.28, topping expectations by $0.46.
31. Atlassian Corporation (NASDAQ:TEAM)
Atlassian Corporation (NASDAQ:TEAM) ended at $1.87 EPS, beating expectations by $0.37.
30. Ellington Financial Inc. (NYSE:EFC)
Ellington Financial Inc. (NYSE:EFC) registered $0.60 EPS, exceeding expectations by $0.14.
29. Reinsurance Group of America, Incorporated (NYSE:RGA)
Reinsurance Group of America, Inc. (NYSE:RGA) exceeded EPS expectations by $8.89, ending at $2.40.
28. Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH)
Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) topped EPS estimates by $0.30, finishing at $0.91.
27. Arlo Technologies, Inc. (NYSE:ARLO)
Arlo Technologies, Inc. (NYSE:ARLO) posted EPS of $0.28 for the second quarter, topping expectations by $0.08.
26. Ziff Davis, Inc. (NASDAQ:ZD)
Ziff Davis, Inc. (NASDAQ:ZD) topped analyst targets on EPS by $1.03, ending at $0.19.
25. DENTSPLY SIRONA Inc. (NASDAQ:XRAY)
DENTSPLY SIRONA Inc. (NASDAQ:XRAY) posted $0.52 EPS in the second quarter of the year, $0.17 higher than consensus estimates.
24. Casella Waste Systems, Inc. (NASDAQ:CWST)
Casella Waste Systems, Inc. (NASDAQ:CWST) posted EPS of $0.40, beating analyst predictions by $0.11.
23. Granite Ridge Resources, Inc. (NYSE:GRNT)
Granite Ridge Resources, Inc. (NYSE:GRNT) surprised Wall Street with EPS of $0.09, beating estimates by $0.02.
22. Navient Corporation (NASDAQ:NAVI)
Navient Corporation (NASDAQ:NAVI) cracked past EPS estimates, finishing at EPS of $0.29, and topping expectations by $0.09.
21. FIGS, Inc. (NYSE:FIGS)
FIGS, Inc. (NYSE:FIGS) posted EPS of $0.15, beating expectations by $0.08.
20. Hamilton Insurance Group, Ltd. (NYSE:HG)
Hamilton Insurance Group, Ltd. (NYSE:HG) surprised Wall Street with EPS of $1.56, better by $0.35 than what Wall Street expected.
19. Sprout Social, Inc. (NASDAQ:SPT)
Sprout Social, Inc. (NASDAQ:SPT) exceeded EPS expectations by $0.10, having ended the second quarter at $0.26.
18. PAR Technology Corporation (NYSE:PAR)
PAR Technology Corporation (NYSE:PAR) registered EPS of $0.18, topping estimates by $0.06.
17. Willdan Group, Inc. (NASDAQ:WLDN)
Willdan Group, Inc. (NASDAQ:WLDN) posted EPS of $2.07 for the second quarter, topping expectations by $0.85.
16. Nutex Health Inc. (NASDAQ:NUTX)
Nutex Health Inc. (NASDAQ:NUTX) topped analyst targets by $4.43, ending at $9.38 EPS.
15. AvePoint, Inc. (NASDAQ:AVPT)
AvePoint, Inc. (NASDAQ:AVPT) exceeded estimates with $0.12 EPS, exceeding expectations by $0.08.
14. Puma Biotechnology, Inc. (NASDAQ:PBYI)
Puma Biotechnology, Inc. (NASDAQ:PBYI) shattered consensus estimates of $0.07, beating analyst predictions by $0.12 to end at $0.19.
13. Roku, Inc. (NASDAQ:ROKU)
Roku, Inc. (NASDAQ:ROKU) surprised Wall Street with EPS of $1.08, shattering predictions by $0.49.
12. Yelp Inc. (NYSE:YELP)
Yelp Inc. (NYSE:YELP) cracked past earnings expectations of $0.36, posting EPS of $0.57, or higher by $0.21.
11. Innodata Inc. (NASDAQ:INOD)
Innodata Inc. (NASDAQ:INOD) registered $0.41 EPS in the second quarter, beating expectations by $0.20.
10. Applied Optoelectronics, Inc. (NASDAQ:AAOI)
Applied Optoelectronics, Inc. (NASDAQ:AAOI) surprised Wall Street with $0.06 EPS, better by $0.05 than the $0.01 as expected by analysts.
9. Fox Factory Holding Corp. (NASDAQ:FOXF)
Fox Factory Holding Corp. (NASDAQ:FOXF) surprised Wall Street with $0.37 EPS, better by $0.19 than the $0.18 as expected by analysts.
8. Karat Packaging Inc. (NASDAQ:KRT)
Karat Packaging Inc. (NASDAQ:KRT) ended at $1.48 EPS, topping estimates by $0.97.
7. PRA Group, Inc. (NASDAQ:PRAA)
PRA Group, Inc. (NASDAQ:PRAA) posted EPS of $1.51 for the second quarter, exceeding expectations by $0.99.
6. Omada Health, Inc. (NASDAQ:OMDA)
Omada Health, Inc. (NASDAQ:OMDA) topped analyst targets on EPS by $0.10, ending at $0.08. Analysts had expected a loss of $0.02.
5. Corsair Gaming, Inc. (NASDAQ:CRSR)
Corsair Gaming, Inc. (NASDAQ:CRSR) cracked past analyst expectations in the second quarter of the year, ending at $0.23 and topping expectations by $0.16.
4. AMN Healthcare Services, Inc. (NYSE:AMN)
AMN Healthcare Services, Inc. (NYSE:AMN) posted EPS of $0.77, beating analyst predictions by $0.58.
3. PubMatic, Inc. (NASDAQ:PUBM)
PubMatic, Inc. (NASDAQ:PUBM) surprised Wall Street with EPS of $0.12, better by $0.13 than the consensus. Analysts had expected losses of $0.01.
2. NETGEAR, Inc. (NASDAQ:NTGR)
NETGEAR, Inc. (NASDAQ:NTGR) registered EPS of $0.16, topping expectations by $0.15.
1. iRhythm Holdings, Inc. (NASDAQ:IRTC)
iRhythm Holdings, Inc. (NASDAQ:IRTC) posted EPS of $0.58, beating expectations by $0.58.
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