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Earnings

TENB

Tenable Holdings reported better-than-expected Q3 earnings and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 10:06 am

GPI

Group 1 Automotive (NYSE:GPI) reported Q2 earnings of $11.73 per share, beating the analyst consensus estimate of $11.08 by 5.87%. However, this is a 2.25% decrease from the same period last year. The company also reported quarterly sales of $4.56 billion, beating the analyst consensus estimate of $4.36 billion by 4.59%, and marking a 10.01% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:06 am

UMC

United Microelectronics (NYSE:UMC) reported Q2 earnings of $0.204 per share, beating the analyst consensus estimate of $0.15 by 36 percent. The company also reported quarterly sales of $1.81 billion, surpassing the analyst consensus estimate of $1.78 billion by 1.69 percent.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:06 am

CSTM

Constellium (NYSE:CSTM) reported Q2 earnings of $0.23 per share, missing the analyst consensus estimate of $0.48 by 52.5%. However, this is a 187.69% increase over losses from the same period last year. The company's quarterly sales of $2.21 billion beat the analyst consensus estimate of $2.17 billion by 2.07%, but this is an 8.66% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:05 am

GOOG

GOOGL

Alphabet's Q2 results exceeded expectations, leading to a rise in the company's share prices.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 10:04 am

HLT

Hilton Worldwide Holdings reported better-than-expected Q2 results and issued Q3 guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 10:04 am

TMO

Thermo Fisher Scientific has projected its FY23 revenue to be between $43.4B and $44.0B, which is lower than the consensus estimate of $45.21B. The company also expects a core organic revenue growth of 2%-4% and forecasts an adjusted EPS of $22.28-$22.72, which is also below the consensus estimate of $23.55.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:04 am

OC

Owens Corning (OC) expects its Q3 2023 performance to result in net sales similar to the same quarter in the previous year, with high-teen EBIT margins. The company's outlook is influenced by factors such as residential repair and remodeling activity, U.S. housing starts, global commercial construction activity, and global industrial production. Inflation is moderating, but increasing interest rates and geopolitical tensions are slowing global economic growth. The company's 2023 financial outlook includes general corporate expenses of $215-225 million, interest expense of $70-80 million, and capital additions of approximately $520 million.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:03 am

TEL

TE Connectivity has projected its Q4 net sales to be around $4B, slightly below the consensus estimate of $4.09B. However, the company's adjusted EPS is expected to be around $1.75, slightly above the consensus estimate of $1.73.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:03 am

LIVN

LivaNova reported Q2 adjusted earnings of $0.78 per share, beating the analyst consensus estimate of $0.54 by 44.44%. This is a 47.17% increase from last year. The company also reported quarterly sales of $293.90 million, beating the analyst consensus estimate of $265.49 million by 10.70%. This is a 15.62% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:03 am