Streetbeat News

Earnings

MRK

Merck & Co reported Q2 losses of $(2.06) per share, beating the analyst consensus estimate of $(2.17) by 5.07%. This is a 210.16% decrease over earnings of $1.87 per share from the same period last year. The company also reported quarterly sales of $15.04 billion, beating the analyst consensus estimate of $14.39 billion by 4.50%. This is a 3.03% increase over sales of $14.59 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:33 am

TRTN

Triton International (NYSE:TRTN) reported Q2 earnings of $2.38 per share, beating the analyst consensus estimate of $2.29 by 3.93%. However, this is a 18.49% decrease from the same period last year. The company's quarterly sales were $386.50 million, missing the analyst consensus estimate of $398.14 million by 2.92%, and marking an 8.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:32 am

CAT

Caterpillar reported Q2 earnings of $5.55 per share, beating the analyst consensus estimate of $4.51 by 23.06%. This is a 74.53% increase from the same period last year. The company also reported quarterly sales of $17.32 billion, beating the analyst consensus estimate of $16.50 billion by 4.99%. This is a 21.56% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:32 am

ETN

Eaton Corp (NYSE:ETN) reported Q2 earnings of $2.21 per share, beating the analyst consensus estimate of $2.11 by 4.74%. This is an 18.18% increase from the same period last year. The company also reported quarterly sales of $5.87 billion, beating the analyst consensus estimate of $5.74 billion by 2.21%, a 12.55% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:31 am

MMYT

MakeMyTrip (NASDAQ:MMYT) reported Q1 adjusted earnings of $0.30 per share, beating the analyst consensus estimate of $0.12 by 150%. This is a 500% increase from the same period last year. The company also reported quarterly sales of $198.30 million, beating the analyst consensus estimate of $149.68 million by 32.48%. This is a 26.94% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:31 am

CRVL

CorVel (NASDAQ:CRVL) reported Q1 earnings of $1.14 per share, a 21.28% increase YoY. The company also reported sales of $190.25M, a 7.91% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:23 am

RVTY

Revvity has lowered its FY23 revenue forecast to $2.80B-$2.85B, down from the previous estimate of $2.90B-$2.94B. The company also expects its adjusted EPS to be $4.70-$4.90, down from the earlier prediction of $4.85-$5.05. Both revised estimates are below the consensus estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:18 am

IT

Gartner has increased its 2023 adjusted EPS outlook from at least $9.50 to at least $10.00, slightly below the consensus of $10.05.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:16 am

EPD

Enterprise Products Partners reported Q2 sales of $10.65 billion, missing the estimated $12.69 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:13 am

LDOS

Leidos Holdings has increased its FY23 revenue guidance to $14.9B-$15.2B, up from the previous $14.7B-$15.1B. The company also reiterated its FY23 adjusted EPS at $6.40-$6.80. The new revenue guidance is slightly below the estimated $15.02B, while the EPS is in line with the estimated $6.53.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:10 am