Streetbeat News

Earnings

R

Ryder System Inc (NYSE:R) reported Q2 FY24 sales growth of 10% YoY to $3.18 billion, missing the $3.24 billion consensus estimate. Adjusted EPS of $3.00 beat the $2.87 consensus. Despite strong performance in various segments, Ryder lowered its FY24 revenue growth outlook to 8% from 10% and adjusted EPS forecast to $11.90-$12.40. Shares are up 2.96% to $133.73.

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 5:42 pm

FI

Fiserv, Inc (NYSE:FI) reported better-than-expected Q2 results, with revenue and EPS surpassing analyst estimates. The company raised its FY24 adjusted EPS outlook and reiterated strong organic revenue growth. Multiple analysts increased their price targets for Fiserv following the earnings report.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 5:41 pm

DHR

Danaher shares are trading higher following the company's better-than-expected Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:38 pm

EW

Edwards Lifesciences Corporation (NYSE:EW) reported worse-than-expected Q2 sales and issued lower-than-expected Q3 guidance. Despite beating earnings estimates, the stock fell 28.4% due to the sales miss and downgraded price targets from multiple analysts.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 5:36 pm

F

GM

General Motors shares are trading lower, likely due to its recent earnings report and in sympathy with Ford, which experienced a decline after an earnings miss.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:36 pm

GGG

Graco shares are trading higher after the company reported Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:30 pm

KNX

Knight-Swift Transportation shares are trading higher after the company reported better-than-expected Q2 revenue results. Additionally, JP Morgan raised its price target on the stock from $51 to $57.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:29 pm

COOP

Mr. Cooper Group shares are trading higher following the release of better-than-expected Q2 financial results and the announcement of a $1.4 billion acquisition of a residential mortgage servicing business.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:28 pm

NTCT

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

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:26 pm

NOC

Northrop Grumman Corp (NYSE:NOC) reported strong Q2 fiscal 2024 results with a 7% year-over-year sales growth to $10.218 billion, beating expectations. EPS also surpassed estimates at $6.36. The company raised its fiscal 2024 outlook, expecting higher sales and EPS. NOC shares rose by 6.06% following the announcement.

Portfolio Pulse from Akanksha Bakshi

July 25, 2024 | 5:25 pm