Streetbeat News

Earnings

KO

Coca-Cola's shares are trading higher following the company's Q2 results, which exceeded expectations.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 11:09 am

T

AT&T Inc reported positive second-quarter results, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:09 am

DGX

Quest Diagnostics has revised its FY23 revenue guidance to $9.12B-$9.22B, up from the prior guidance of $8.93B-$9.08B. The new guidance surpasses the consensus of $9.06B. The company also forecasts an adjusted EPS of $8.50-$8.90, compared to the consensus of $8.69 and prior guidance of $8.45-$8.95.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:07 am

SLAB

Silicon Laboratories reported Q2 earnings of $1.04 per share, beating the analyst consensus estimate of $1.03 by 0.97%. However, this is a 11.11% decrease from last year. The company also reported quarterly sales of $244.87 million, beating the estimate of $242.94 million by 0.79%, but this is a 6.95% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:06 am

VIRT

Virtu Financial (NASDAQ:VIRT) reported Q2 adjusted earnings of $0.37 per share, in line with analyst estimates, but a 49.32% decrease from the same period last year. Adjusted quarterly sales were $306.16 million, beating estimates of $279.01 million by 9.73%, but a 49.37% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:06 am

CME

CME Group (NASDAQ:CME) reported Q2 earnings of $2.30 per share, beating the analyst consensus estimate of $2.20 by 4.55%. This is a 16.75% increase from the same period last year. The company also reported quarterly sales of $1.36 billion, beating the analyst consensus estimate of $1.34 billion by 1.49%, a 9.94% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:06 am

COOP

Mr. Cooper Gr (NASDAQ:COOP) reported Q2 earnings of $1.66 per share, beating the analyst consensus estimate of $1.21 by 37.19%. This is a 876.47% increase from the same period last year. The company also reported quarterly sales of $486.00 million, beating the analyst consensus estimate of $424.77 million by 14.41%, but this is a 18.86% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:05 am

ADP

Automatic Data Processing (ADP) has projected its FY24 revenue growth to be between 6% and 7%, compared to the estimated $18.97B. The company also expects its adjusted EPS growth to be between 10% and 12%, compared to the estimated $8.92.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:05 am

GD

General Dynamics reported a record-high backlog of $91.4 billion in Q2, a 4.3% increase from the same quarter last year. The company's consolidated book-to-bill ratio was 1.2-to-1, driven by good order activity across all segments. The Aerospace segment booked $2.5 billion in new orders due to strong demand for Gulfstream aircraft.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:04 am

PRG

PROG Holdings (NYSE:PRG) reported Q2 earnings of $0.92 per share, beating the analyst consensus estimate of $0.65 by 41.54%. This is a 76.92% increase from the same period last year. The company also reported quarterly sales of $592.85 million, beating the analyst consensus estimate of $573.20 million by 3.43%. However, this is an 8.71% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:04 am