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CIO

City Office REIT has revised its FY23 2023 Core FFO per share outlook from $1.38-$1.43 to $1.38-$1.40.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:47 pm

ENOV

Enovis has raised its FY23 outlook, with adjusted EPS now expected to be between $2.22 and $2.36, up from the previous estimate of $2.18 to $2.32. The company also increased its organic revenue growth forecast to 7% - 7.5%, up from 6% - 7%.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:46 pm

DXC

DXC Technology Co's shares fell by around 20% after it reported worse-than-expected Q1 FY24 results and issued a below-consensus outlook. The company reported a 7.0% Y/Y revenue decline to $3.45 billion, missing the consensus of $3.56 billion. The company also reported a decline in adjusted EBIT and EPS. DXC completed a share repurchase worth $280 million in Q1 FY24 and expects to complete a share repurchase worth $1 billion in FY24.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 12:46 pm

ENTG

Entegris has released its Q3 outlook, predicting revenues between $875M and $900M, compared to an estimate of $891.65M. The company also forecasts an adjusted EPS of $0.57 to $0.62, versus a $0.61 estimate.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:46 pm

DLX

Deluxe Corporation has increased its revenue outlook for FY23 from $2.145B-$2.210B to $2.18B-$2.22B. However, this is still below the estimated $3.14B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:45 pm

EPAM

EPAM Systems has revised its Q3 and FY23 revenue and EPS estimates. The company now expects Q3 revenue to be between $1.140B-$1.150B, compared to the previous estimate of $1.16B, and adjusted EPS to be between $2.52-$2.60, compared to the previous estimate of $2.49. For FY23, the company now expects revenue to be between $4.65B-$4.70B, compared to the previous range of $4.65B-$4.8B, and adjusted EPS to be between $9.90-$10.10, compared to the previous range of $9.8-$10.2.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:45 pm

EPC

Edgewell Personal Care (EPC) has updated its FY23 forecast, expecting adjusted EPS at the high end of the $2.30-$2.50 range, significantly above the consensus of $0.81. The company also anticipates net sales to increase slightly above the mid-point of the 2% to 4% range. Adjusted EBITDA is expected to be slightly above the high end of the $320 million-$335 million range.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:45 pm

TRGP

Targa Resources (NYSE:TRGP) reported Q2 sales of $3.40 billion, missing the analyst consensus estimate of $4.56 billion by 25.37 percent. This represents a 43.81 percent decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:45 pm

AHH

Armada Hoffler Properties (NYSE:AHH) reported Q2 FFO of $0.32 per share, beating the analyst consensus estimate of $0.31 by 3.23%. This is a 6.67% increase from the same period last year. The company also reported quarterly rental sales of $59.95 million, beating the analyst consensus estimate of $58.28 million by 2.87%. This is an 8.56% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:45 pm

WCC

WESCO Intl (NYSE:WCC) reported Q2 adjusted earnings of $3.71 per share, missing the analyst consensus estimate of $4.46 by 16.82%. This is a decrease of 11.46% from the same period last year. The company also reported quarterly sales of $5.75 billion, missing the analyst consensus estimate of $5.95 billion by 3.43%. However, this is a 4.78% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:45 pm