Streetbeat News

Earnings

DOV

Dover Corporation has revised its FY23 GAAP EPS guidance to $7.68-$7.83 from the previous $7.81-$8.01, and maintained its adjusted EPS at $8.85-$9.00. The company expects a revenue growth of 2%-4% for the full year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:42 am

DHR

Danaher Corporation has lowered its financial year 2023 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:41 am

DPZ

Domino's Pizza Inc (NYSE:DPZ) reported Q2 FY23 sales of $1.02 billion, a 3.8% YoY decline, missing the analyst consensus of $1.07 billion. However, its EPS of $3.08 beat the analyst consensus of $3.05. Following the earnings announcement, several analysts including Wedbush, TD Cowen, Barclays, and Citigroup raised their price targets on Domino's Pizza.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 10:38 am

HRI

Herc Holdings has reaffirmed its FY23 adjusted EBITDA guidance of $1.45 billion to $1.55 billion, reflecting an increase of 18% to 26% compared to FY22. The company plans to gain market share by capitalizing on higher forecasted construction spending in 2023 through fleet investment, strategic acquisitions, and diversified product portfolio cross-selling.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:38 am

XRX

Xerox Holdings' adjusted operating margin is expected to increase from 5.0%-5.5% to 5.5%-6.0%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:38 am

ABG

Asbury Automotive Gr (ABG) reported Q2 adjusted earnings of $8.95 per share, beating the analyst consensus estimate of $8.24 by 8.62%. However, this is a 10.86% decrease from the same period last year. The company's quarterly sales of $3.74 billion missed the analyst consensus estimate of $3.80 billion by 1.58%, marking a 5.32% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:37 am

DOV

Dover Corporation (NYSE:DOV) reported Q2 earnings of $2.05 per share, missing the analyst consensus estimate of $2.20 by 6.82%. This is a 4.21% decrease from the same period last year. The company also reported quarterly sales of $2.10 billion, missing the analyst consensus estimate of $2.20 billion by 4.55%. This is a 2.73% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:36 am

PHM

PulteGroup (NYSE:PHM) reported Q2 earnings of $3.00 per share, beating the analyst consensus estimate of $2.51 by 19.52%. This is a 9.89% increase from the same period last year. The company also reported quarterly sales of $4.19 billion, beating the analyst consensus estimate of $3.99 billion by 5.01%. This is a 6.72% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:35 am

GE

General Electric (GE) shares are trading higher following the company's Q2 results, which exceeded expectations. Additionally, GE has raised its FY23 guidance.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:35 am

SITC

SITE Centers has revised its FY23 Operating FFO per share outlook from $1.11-$1.17 to $1.13-$1.17.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:35 am