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WEX

WEX has raised its FY23 revenue outlook to $2.53B-$2.54B, up from the prior guidance of $2.50B-$2.52B, and above the estimate of $2.52B. The company also expects FY23 adjusted EPS of $14.64-$14.74, higher than the estimate of $14.4 and previous guidance of $14.15-$14.35.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:42 am

DGICB

Donegal Gr (NASDAQ:DGICB) reported Q3 sales of $233.93 million, a 9.91% increase from $212.84 million in the same period last year.

Portfolio Pulse from vinayak@benzinga.com

October 26, 2023 | 10:39 am

NOC

Northrop Grumman has projected its 2023 sales to be around $39 billion, slightly above the estimated $38.77 billion.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:38 am

CMS

CMS Energy Corporation has projected its FY24 adjusted EPS to be between $3.27 and $3.33, which is lower than the consensus estimate of $3.35.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:38 am

HAS

Hasbro Inc. expects a 13%-15% decline in revenue due to a softer outlook in consumer products.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:37 am

MRK

Merck has projected its FY23 Non-GAAP EPS to be between $1.33 and $1.38, with worldwide sales expected to range from $59.7B to $60.2B, which is higher than the estimated $55.98B.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:37 am

KVUE

Kenvue has revised its FY23 adjusted EPS outlook to $1.26 - $1.28, down from the previous $1.26 - $1.31. The company cites a softer start to the cough, cold, and flu season and increased impact of foreign exchange as reasons for the adjustment. Kenvue also expects FY23 net sales growth to be between 4.0% and 4.5%, and organic growth to be between 5.5% and 6.0%. The company's interest expense for FY23 is expected to be around $270 million, with an adjusted interest expense of approximately $300 million.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:37 am

EXP

The article discusses the potential impact of a significant increase in interest rates on residential construction activity, which could affect Eagle Materials (EXP).

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:36 am

AIT

Applied Industrial (NYSE:AIT) reported Q1 earnings of $2.39 per share, beating the analyst consensus estimate of $2.09 by 14.35%. This is an 11.16% increase from the same period last year. However, the company's quarterly sales of $1.09 billion missed the analyst consensus estimate of $1.10 billion by 0.45%, though it's a 3.11% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:34 am

MTLS

Materialise (NASDAQ:MTLS) reported Q3 earnings of $0.07 per share, beating the analyst consensus estimate of $0.01 by 600%. However, the company's quarterly sales of $63.70 million missed the analyst consensus estimate of $66.90 million by 4.78%. This represents a 250% increase in earnings and a 12.11% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:33 am