Streetbeat News

Earnings

MEDP

Medpace Holdings shares are trading lower after the company reported mixed Q2 financial results and narrowed its FY24 revenue guidance with its midpoint below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:48 am

AVY

Avery Dennison has raised its FY24 adjusted EPS outlook from a range of $9.00 - $9.50 to $9.30 - $9.50, compared to the $9.41 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:48 am

MSCI

MSCI has reiterated its full-year 2024 guidance, including capital expenditures of $95M-$105M and free cash flow of $1.225B-$1.285B. The guidance is based on various macroeconomic assumptions and is subject to uncertainties.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:47 am

DGX

Quest Diagnostics reported Q2 2024 adjusted EPS of $2.35, beating the estimate of $2.34. Sales were $2.397 billion, also surpassing the estimate of $2.390 billion.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:47 am

AVY

Avery Dennison (NYSE:AVY) reported Q2 earnings of $2.42 per share, beating the analyst estimate of $2.26. Sales were $2.23 billion, surpassing the $2.18 billion estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:46 am

MSCI

MSCI reported its Q2 2024 adjusted EPS of $3.64, beating the estimate of $3.55. The company's sales also surpassed expectations, coming in at $707.949 million compared to the $696.369 million estimate.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:46 am

DJIA

GS

IAI

Goldman Sachs has expanded its real estate portfolio by acquiring seven last-mile logistics properties in Australia. The company's shares are trading marginally lower. Goldman Sachs reported strong Q2 earnings, beating revenue and EPS estimates. Investors can gain exposure to Goldman Sachs via IShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and Global X Dow 30 Covered Call ETF (DJIA).

Portfolio Pulse from Lekha Gupta

July 23, 2024 | 10:44 am

OMI

Owens & Minor (OMI) has projected its revenue for the second quarter of fiscal year 2024 to be between $2.651 billion and $2.671 billion, with adjusted earnings per share (EPS) expected to range from $0.32 to $0.36.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:43 am

OMI

Owens & Minor has announced its forecast for the fiscal year 2024, projecting adjusted earnings per share (EPS) to be in the range of $1.40 to $1.70.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:41 am

IPAR

Inter Parfums shares are trading higher after the company reported better-than-expected Q2 sales.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:41 am