Streetbeat News

Earnings

GE

General Electric (GE) has increased its FY23 adjusted EPS guidance from $1.70-$2.00 to $2.10-$2.30, which is above the estimated $2.06.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:24 am

GE

GE HealthCare has updated its FY23 adjusted EPS guidance to $3.70-$3.85, which is higher than the consensus of $3.74 and its prior guidance of $3.60 - $3.75.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:23 am

GE

General Electric (GE) has raised its financial guidance for FY23.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:23 am

GE

General Electric (NYSE:GE) reported Q2 earnings of $0.68 per share, beating the analyst consensus estimate of $0.46 by 47.83%. However, this is a 12.82% decrease from the same period last year. The company also reported quarterly sales of $15.90 billion, beating the estimate of $15.00 billion by 6.00%, but this is a 14.73% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:23 am

GEHC

GE HealthCare Techs (NASDAQ:GEHC) reported Q2 earnings of $0.92 per share, beating the analyst consensus estimate of $0.87 by 5.75%. However, this is a 20% decrease from the same period last year. The company also reported quarterly sales of $4.82 billion, beating the estimate of $4.79 billion by 0.56%, and marking a 7.43% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:22 am

AWI

Armstrong World Industries (AWI) has projected its FY23 net sales to be between $1.26 billion and $1.31 billion, which is in line with the $1.26 billion estimate. The company also expects its adjusted EPS to be between $4.85 and $5.05, slightly higher than the $4.81 estimate. Additionally, AWI anticipates its adjusted EBITDA to be between $400 million and $420 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:20 am

ALK

Alaska Air Group has projected its FY23 capacity growth to be between 11% and 13%, with revenue growth expected to be between 8% and 10%. The company also anticipates a 1% to 3% decrease in CASMex. The estimated EPS is between $5.50 and $7.50, which is lower than the $6.6 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:15 am

ALK

Alaska Air Group has projected its 3Q23 capacity to grow by 10%-13% YoY, total revenue to increase by 0%-3% YoY, and CASMex to decrease by 0%-2% YoY. The economic fuel cost per gallon is expected to be between $2.70 and $2.80, with an adjusted pre-tax margin of 14%-16%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:14 am

ARCC

Ares Capital (NASDAQ:ARCC) reported Q2 adjusted earnings of $0.58 per share, beating the analyst consensus estimate of $0.57 by 1.75%. This is a 26.09% increase from the same period last year. The company also reported quarterly sales of $634.00 million, beating the analyst consensus estimate of $622.05 million by 1.92%, a 32.36% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:14 am

TRU

TransUnion has maintained its 2023 guidance with a revenue forecast of $3.825B-$3.885B, which is in line with the consensus estimate of $3.86B. The company also expects its adjusted EPS to be between $3.49 and $3.62, matching the consensus estimate of $3.58.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:11 am