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TSLA

Ford Motor Co has increased the prices of its 2024 F-150 Lightning lineup, with the Pro model now starting at $52,090, a $100 increase over the current model. The new XLT is priced at $59,590, a $2,600 increase, and the new Lariat starts at $79,590, a $7,600 increase. Ford has also introduced a new trim model, the Flash, priced at $72,090. This comes after a significant price cut for the F-150 Lightning in July. The F-150 Lightning is Ford’s key player against Tesla Inc‘s upcoming Cybertruck.

Portfolio Pulse from Benzinga Neuro

October 26, 2023 | 10:58 am

ARCH

Arch Resources reported Q3 earnings of $3.91 per share, beating the analyst consensus estimate of $3.47 by 12.68%. However, this is a 54.95% decrease from the same period last year. The company also reported quarterly sales of $744.60 million, surpassing the analyst consensus estimate of $637.90 million by 16.73%, but this is a 13.80% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:58 am

HOG

Harley-Davidson reported Q3 earnings of $1.38 per share, beating the analyst consensus estimate of $1.36 by 1.47%. However, this is a 22.47% decrease from last year's earnings. The company's quarterly sales of $1.30 billion missed the analyst consensus estimate of $1.36 billion by 4.63%, marking a 9.74% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:55 am

RS

Reliance Steel & Aluminum (NYSE:RS) reported Q3 adjusted earnings of $5.00 per share, meeting analyst consensus. This is a 22.84% decrease from the same period last year. The company's quarterly sales of $3.62 billion beat the analyst consensus estimate by 0.08%, but this is a 14.69% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:52 am

LII

Lennox International Inc. (LII) has increased its revenue growth forecast for FY23 to 5% from the previous range of 2% - 4%.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:52 am

FAF

First American Financial (NYSE:FAF) reported Q3 earnings of $1.22 per share, beating the analyst consensus estimate of $1.17 by 4.27%. However, this is a 27.38% decrease from the same period last year. The company's quarterly sales of $1.48 billion missed the analyst consensus estimate of $1.61 billion by 8.01%, marking an 18.80% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 10:51 am

LII

Lennox has increased its FY23 adjusted EPS guidance from $15.50 - $16.00 to $17.25 - $17.75, which is higher than the estimated $16.9.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:51 am

HZO

MarineMax (NYSE:HZO) reported Q4 adjusted earnings of $0.69 per share, missing the analyst consensus estimate of $0.75 by 8 percent. This is a 65.33 percent decrease from the same period last year. However, the company's quarterly sales of $594.60 million beat the analyst consensus estimate of $532.70 million by 11.62 percent, marking a 10.77 percent increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:48 am

WEX

WEX Inc. has projected its Q4 revenue to be between $650M and $660M, which is higher than the estimated $643.77M. The company also expects its Q4 adjusted EPS to be between $3.65 and $3.75, slightly above the $3.7 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:45 am

ALGN

Align Technology Inc's shares have dropped by around 25% following worse-than-expected Q3 FY23 financial results. The company's revenues rose 7.8% Y/Y to $960.2 million, missing the consensus of $994.5 million. Clear Aligner revenues were up 8.5% Y/Y to $794.9 million. The company also reported a decrease in patient visits and increased patient appointment cancellations. For Q4, ALGN projects a WW revenue of $920 million-$940 million, down Q/Q. The company also plans to repurchase shares up to $250.0 million in Q4.

Portfolio Pulse from Lekha Gupta

October 26, 2023 | 10:44 am