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Revenues

AXTA

Axalta Coating Systems (NYSE: AXTA) reported Q2 2024 adjusted EPS of $0.57, beating the estimate of $0.51. Sales were $1.351 billion, surpassing the $1.340 billion estimate and showing a 4.40% increase from the same period last year.

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August 01, 2024 | 10:02 am

CI

Cigna Group reported Q2 2024 adjusted EPS of $6.72, beating the estimate of $6.41. Sales were $60.47 billion, surpassing the $58.33 billion estimate.

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August 01, 2024 | 10:02 am

CIO

City Office REIT (NYSE:CIO) reported Q2 2024 earnings of $0.28 per share, missing the analyst estimate of $0.31. Sales were $42.342 million, also below the $43.189 million estimate and down 5.07% from last year.

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August 01, 2024 | 10:01 am

LNC

Lincoln National (NYSE:LNC) reported Q2 2024 adjusted EPS of $1.84, beating the estimate of $1.77. Sales were $5.15 billion, surpassing the $4.65 billion estimate and marking a 75.93% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:01 am

ACIW

ACI Worldwide reported Q2 2024 adjusted EPS of $0.47, significantly beating the estimate of $0.07. Sales for the quarter were $373.479 million, surpassing the expected $349.633 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:01 am

APD

Air Products & Chemicals (NYSE:APD) reported Q3 2024 adjusted EPS of $3.20, beating the estimate of $3.03. However, sales of $2.986 billion missed the estimate of $3.035 billion and decreased by 1.60% year-over-year.

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August 01, 2024 | 10:01 am

SAVE

Spirit Airlines is in active discussions with advisors to noteholders to address upcoming debt maturities. The company expects to end 2024 with over $1.0 billion in liquidity, assuming successful closure of current liquidity initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:57 am

ZK

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) reported a 30% YoY increase in vehicle deliveries for July 2024, with 15,655 units delivered. Year-to-date deliveries reached 103,525, up 89% from the previous year. The company also launched its luxury flagship MPV, the ZEEKR 009, and announced details about its mid-large SUV, the ZEEKR 7X.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:57 am

SAVE

Spirit Airlines is on track to achieve $100 million in annual run-rate cost savings, with $75 million expected by the end of 2024. The company is implementing various cost-saving initiatives, including suspending recruitment, offering voluntary unpaid leaves, and realigning its network by exiting 42 markets and adding 77 new ones. Additionally, Spirit has deferred aircraft orders with Airbus to 2030-2031.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:56 am

NIO

NIO reported the delivery of 20,498 vehicles in July 2024, with a year-to-date total of 107,924 vehicles, marking a 43.9% increase year-over-year. The deliveries included 11,964 premium smart electric SUVs and 8,534 premium smart electric sedans. Cumulative deliveries reached 557,518 as of July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:32 am