Short interest for Matthews International Funds Matthews Emerging Markets Sustainable Future Active ETF gives investors a sense of the degree to which investors are betting on the decline of Matthews International Funds Matthews Emerging Markets Sustainable Future Active ETF's stock. Short interest data is updated every two weeks.

Matthews International Funds Matthews Emerging Markets Sustainable Future Active ETF (ARCA:EMSF), Short Interest Report

Matthews International Funds Matthews Emerging Markets Sustainable Future Active ETF

Targa Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>) reported quarterly sales of $4.562 billion which beat the analyst consensus estimate of $4.296 billion by 6.19 percent. This is a 0.91 percent increase over sales of $4.521 billion the same period last year.

Earnings

Earnings Beats

News

TRGP

Targa Resources Q1 Sales $4.562B Beat $4.296B Estimate

WIIM

Emergent Biosolutions shares are trading higher after the company announced operational changes to stabilize its financial position and reported Q1 financial results.

Financial&nbsp;Outlook&nbsp;&ndash;&nbsp;Q2&nbsp;2024
<ul>
<li>Cognex expects revenue to be between&nbsp;$230 million&nbsp;and&nbsp;$245 million. This range represents a sequential increase in revenue from&nbsp;Q1-24 to&nbsp;Q2-24 due to typical seasonality of consumer electronics revenue.

	&nbsp;</li>
<li>Adjusted gross margin1&nbsp;is expected to be slightly above&nbsp;70%, an increase from&nbsp;68.8%&nbsp;in&nbsp;Q1-24 as we move beyond the one-time events in the&nbsp;first quarter.

	&nbsp;</li>
<li>Adjusted operating expense1&nbsp;is expected to increase by low- to mid-single digits on a sequential basis as we expect additional investment in the company&#39;s Emerging Customer initiative.

	&nbsp;</li>
<li>The adjusted effective tax rate1&nbsp;is expected to be&nbsp;16%.&nbsp;</li>
</ul>

Guidance

CGNX

Cognex Expects Q2 Revenue of $230M-$245M Vs $235.11M Est

BrightSpring Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTSG#NASDAQ">BTSG</a>) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.07 by 71.43 percent. This is a 220 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $2.577 billion which beat the analyst consensus estimate of $2.313 billion by 11.41 percent. This is a 27.07 percent increase over sales of $2.028 billion the same period last year.

BTSG

BrightSpring Health Q1 2024 Adj EPS $0.12 Beats $0.07 Estimate, Sales $2.577B Beat $2.313B Estimate

ASPN

Aspen Aerogels shares are trading higher after the company reported better-than-expected Q1 financial results.

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly Adj. FFO of $0.16 per share which met the analyst consensus estimate. This is a 5.88 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $86.251 million which beat the analyst consensus estimate of $81.723 million by 5.54 percent. This is a 1.38 percent increase over sales of $85.075 million the same period last year.

LXP Industrial Trust Q1 2024 Adj. FFO $0.16, Inline, Sales $86.251M Beat $81.723M Estimate

The Company is maintaining its 2024&nbsp;outlook&nbsp;for organic sales growth in the range of flat to up&nbsp;1.5%, and adjusted EPS in the range of&nbsp;$2.00&nbsp;to&nbsp;$2.10 (consensus $2.06). Based on its latest view of the macroeconomic environment, the Company believes adjusted EPS and organic sales are trending towards the low-end of both ranges. The Company is revising its anticipated reported sales to a new range of&nbsp;$3.91 billion&nbsp;to&nbsp;$3.97 billion, due to an additional estimated foreign currency translation headwind of&nbsp;$50 million.

XRAY

Dentsply Sirona Maintains FY24 Outlook For Organic Sales And Adjusted EPS, Trending Towards The Low-End Of Both Ranges

Rush Street Interactive shares are trading higher after the company reported better-than-expected Q1 financial results and issued FY24 revenue guidance above estimates.

Large Cap

Health Care

General

Cigna Reaffirms 2024 Adjusted Revenues Of At Least $235B Versus Guidance Of $235.10B

Ecovyst (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECVT#NYSE">ECVT</a>) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.05 by 20 percent. This is a 33.33 percent decrease over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $160.50 million which missed the analyst consensus estimate of $165.10 million by 2.79 percent. This is a 0.25 percent decrease over sales of $160.90 million the same period last year.

Earnings Misses

ECVT

Ecovyst Q1 Adj $0.04 Misses $0.05 Estimate, Sales $160.50M Miss $165.10M Estimate

LAMR

Lamar Advertising Sees FY24 EPS Of $4.95- $5.01 Vs. $5.22 Est.

WESCO Intl Reaffirms FY24 Sales Growth Of 1% To 4%, Adjusted EBITDA Margin Of 7.5% To 7.9%

&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4156649-1&amp;h=4072296199&amp;u=https%3A%2F%2Fwww.shutterstock.com%2Fhome&amp;a=Shutterstock%2C+Inc." target="_blank">Shutterstock, Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that it entered into a definitive agreement to acquire Envato Pty Ltd. (&quot;Envato&quot;), a leader in digital creative assets and templates. Envato&#39;s flagship product, Elements, is a creative subscription providing unlimited downloads of a diverse array of assets, templates and more&mdash;an intelligent creative companion helping creatives make their mark globally.
Transaction Highlights:
<ul>
<li>$245 million&nbsp;cash purchase of&nbsp;100%&nbsp;of Envato Pty Ltd at closing, after customary working capital and other adjustments</li>
</ul>
<ul>
<li>Expected to accelerate path to Shutterstock&#39;s 2027 long-term targets with Envato adding&nbsp;20%&nbsp;to annual revenues and&nbsp;15%&nbsp;to annual adjusted EBITDA</li>
</ul>
<ul>
<li>Financing via a&nbsp;$375 million&nbsp;credit facility with expected drawn leverage of 0.7x net debt to 2024 combined adjusted EBITDA</li>
</ul>
<ul>
<li>Expected transaction closing in the&nbsp;third quarter, subject to customary closing conditions</li>
</ul>

SSTK

Shutterstock to Acquire Envato, Featuring Envato Elements, the Unlimited Creative Content Subscription for $245M

Murphy Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUR#NYSE">MUR</a>) reported quarterly earnings of $0.85 per share which beat the analyst consensus estimate of $0.82 by 3.66 percent. This is a 31.45 percent decrease over earnings of $1.24 per share from the same period last year. The company reported quarterly sales of $796.412 million which beat the analyst consensus estimate of $749.633 million by 6.24 percent. This is a 5.38 percent decrease over sales of $841.716 million the same period last year.

Murphy Oil Q1 2024 Adj EPS $0.85 Beats $0.82 Estimate, Sales $796.412M Beat $749.633M Estimate

AUPH

Aurinia Reiterates 2024 Net Product Revenue Guidance Of $200M-$220M

Enovis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENOV#NYSE">ENOV</a>) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.48 by 4.17 percent. This is a 13.64 percent increase over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $516.266 million which beat the analyst consensus estimate of $503.895 million by 2.45 percent. This is a 27.11 percent increase over sales of $406.151 million the same period last year.

ENOV

Enovis Q1 2024 Adj EPS $0.50 Beats $0.48 Estimate, Sales $516.266M Beat $503.895M Estimate

ExlService Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXLS#NASDAQ">EXLS</a>) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.36 by 5.56 percent. This is a 8.57 percent increase over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $436.51 million which beat the analyst consensus estimate of $425.75 million by 2.53 percent. This is a 8.95 percent increase over sales of $400.64 million the same period last year.

EXLS

ExlService Holdings Q1 Adj $0.38 Beats $0.36 Estimate, Sales $436.51M Beat $425.75M Estimate

Manitex International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTX#NASDAQ">MNTX</a>) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.06 by 183.33 percent. This is a 142.86 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $73.34 million which beat the analyst consensus estimate of $73.20 million by 0.20 percent. This is a 8.06 percent increase over sales of $67.87 million the same period last year.

MNTX

Manitex International Q1 Adj $0.17 Beats $0.06 Estimate, Sales $73.34M Beat $73.20M Estimate

Linde (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NYSE">LIN</a>) reported quarterly earnings of $3.75 per share which beat the analyst consensus estimate of $3.67 by 2.18 percent. This is a 9.65 percent increase over earnings of $3.42 per share from the same period last year. The company reported quarterly sales of $8.100 billion which missed the analyst consensus estimate of $8.380 billion by 3.34 percent. This is a 1.14 percent decrease over sales of $8.193 billion the same period last year.