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Earnings

R

Ryder System, Inc. (R) has projected its total revenue growth for FY23 to be around 2%. The company also expects its adjusted EPS for FY23 to be between $12.20 and $12.70, higher than the estimated $11.59.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 12:01 pm

BPOP

Popular Inc. (NASDAQ:BPOP) reported Q2 earnings of $2.10 per share, a 24.19% decrease from the same period last year. However, the company's quarterly sales of $531.67 million beat the analyst consensus estimate of $519.50 million by 2.34%, despite being a 0.41% decrease from last year's sales.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 12:01 pm

APH

Amphenol (NYSE:APH) reported Q2 earnings of $0.72 per share, beating the analyst consensus estimate of $0.68 by 5.88%. However, this is a 4% decrease from the same period last year. The company also reported quarterly sales of $3.05 billion, beating the estimate of $2.95 billion by 3.53%, but this is a 2.65% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 12:01 pm

BOKF

BOK Financial reported Q2 earnings of $2.27 per share, beating the analyst consensus estimate of $2.26 by 0.44 percent. This is a 15.82 percent increase over earnings of $1.96 per share from the same period last year. The company also reported quarterly sales of $531.31 million, beating the analyst consensus estimate of $521.71 million by 1.84 percent, a 20.03 percent increase over sales of $442.63 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:59 am

SBT

Sterling Bancorp (NASDAQ:SBT) reported Q2 earnings of $0.05 per share, beating the analyst consensus estimate of $0.03 by 66.67%. This is a 225% increase from the same period last year. The company also reported quarterly sales of $18.09 million, beating the analyst consensus estimate of $17.86 million by 1.32%, but a 7.28% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:58 am

R

Ryder System (NYSE:R) reported Q2 earnings of $3.61 per share, beating the analyst consensus estimate of $2.91 by 24.05%. However, this is a 18.51% decrease from the same period last year. The company's quarterly sales of $2.88 billion missed the analyst consensus estimate of $3.05 billion by 5.44%, marking a 4.94% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:57 am

GE

General Electric Co (NYSE:GE) reported better-than-expected Q2 FY23 results with revenues of $16.70 billion, an 18% YoY increase, beating the consensus of $15 billion. Adjusted EPS was $0.68, up from $0.36 a year ago, beating the consensus of $0.46. Following the announcement, GE shares rose 6.3% to close at $117.16 on Tuesday. Analysts from Goldman Sachs and Barclays raised their price targets on GE.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 11:55 am

KO

Coca-Cola Co reported Q2 FY23 sales growth of 6% YoY to $11.97 billion, beating the consensus of $10.56 billion. The company also raised its FY23 organic revenue growth outlook from 7%-8% to 8%-9%. KO shares are trading higher by 1.25% at $63.03 in premarket.

Portfolio Pulse from Shivani Kumaresan

July 26, 2023 | 11:50 am

UNP

Union Pacific Corporation reported its Q2 FY23 results and announced Jim Vena as the new CEO. This news led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:48 am

UNP

Union Pacific reported Q2 earnings of $2.57 per share, missing the analyst consensus estimate of $2.75 by 6.55%. This is a 12.29% decrease from the same period last year. The company also reported quarterly sales of $5.96 billion, missing the analyst consensus estimate of $6.12 billion by 2.61%. This is a 4.93% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:47 am