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R

Ryder System, Inc. (R) has projected its total revenue growth for FY23 to be around 2%. The company also expects its adjusted EPS for FY23 to be between $12.20 and $12.70, higher than the estimated $11.59.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 12:01 pm

NFLX

In the last quarter, Netflix (NASDAQ:NFLX) received 33 analyst ratings, with the majority being bullish or somewhat bullish. The average price target for Netflix is $468.64, indicating an upside from the current price of $427.7. This average has increased by 14.49% from the previous average price target of $409.32.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 12:01 pm

LNC

Lincoln National (NYSE:LNC) has received 11 indifferent and 1 somewhat bearish analyst ratings in the last quarter. The average 12-month price target for the company is $24.83, representing a 6.9% decrease from the previous average price target of $26.67.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 12:01 pm

CCK

Crown Holdings (NYSE:CCK) has received positive analyst ratings in the last quarter, with 2 bullish and 2 somewhat bullish ratings. The average 12-month price target for the company has increased by 6.38% from $98.00 to $104.25.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 12:00 pm

TME

In the last quarter, Tencent Music Enter Gr (NYSE:TME) received 6 bullish ratings and 2 indifferent ratings from analysts. The average 12-month price target for the company, according to 8 analysts, is $9.4, with a high of $11.00 and a low of $7.40. This average price target has increased by 19.29% over the past month.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 12:00 pm

R

Ryder System (NYSE:R) reported Q2 earnings of $3.61 per share, beating the analyst consensus estimate of $2.91 by 24.05%. However, this is a 18.51% decrease from the same period last year. The company's quarterly sales of $2.88 billion missed the analyst consensus estimate of $3.05 billion by 5.44%, marking a 4.94% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:57 am

GE

General Electric Co (NYSE:GE) reported better-than-expected Q2 FY23 results with revenues of $16.70 billion, an 18% YoY increase, beating the consensus of $15 billion. Adjusted EPS was $0.68, up from $0.36 a year ago, beating the consensus of $0.46. Following the announcement, GE shares rose 6.3% to close at $117.16 on Tuesday. Analysts from Goldman Sachs and Barclays raised their price targets on GE.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 11:55 am

KO

Coca-Cola Co reported Q2 FY23 sales growth of 6% YoY to $11.97 billion, beating the consensus of $10.56 billion. The company also raised its FY23 organic revenue growth outlook from 7%-8% to 8%-9%. KO shares are trading higher by 1.25% at $63.03 in premarket.

Portfolio Pulse from Shivani Kumaresan

July 26, 2023 | 11:50 am

UNP

Union Pacific Corporation reported its Q2 FY23 results and announced Jim Vena as the new CEO. This news led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:48 am

UNP

Union Pacific reported Q2 earnings of $2.57 per share, missing the analyst consensus estimate of $2.75 by 6.55%. This is a 12.29% decrease from the same period last year. The company also reported quarterly sales of $5.96 billion, missing the analyst consensus estimate of $6.12 billion by 2.61%. This is a 4.93% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:47 am