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LEV

Lion Electric (NYSE:LEV) reported Q2 GAAP EPS of $(0.05), beating the analyst consensus estimate of $(0.11) by 54.55%. However, the company's quarterly sales of $58.01M missed the estimate of $68.50M by 15.31%. This represents a 126.32% decrease in earnings and a 96.51% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:49 pm

WLK

Westlake (NYSE:WLK) reported Q2 earnings of $2.31 per share, missing the analyst consensus estimate of $2.83 by 18.37%. This is a 65% decrease from the same period last year. The company also reported quarterly sales of $3.25 billion, missing the analyst consensus estimate of $3.45 billion by 5.80%. This is a 27.50% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:49 pm

CGNX

Cognex Corp has projected its Q3 revenue to be between $180M and $200M, which is significantly lower than the estimated $250.36M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:49 pm

MYE

Myers Indus (NYSE:MYE) reported Q2 earnings of $0.35 per share, missing the analyst consensus estimate of $0.39 by 10.26%. This is a 22.22% decrease from the same period last year. The company also reported quarterly sales of $208.45 million, missing the analyst consensus estimate of $222.80 million by 6.44%. This is a 10.60% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 04, 2023 | 12:49 pm

ARAV

HC Wainwright & Co. analyst Joseph Pantginis has downgraded Aravive (NASDAQ:ARAV) from Buy to Neutral.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 12:49 pm

COMM

CommScope Hldg Co (NASDAQ:COMM) reported Q2 adjusted earnings of $0.19 per share, missing the analyst consensus estimate of $0.39 by 51.28%. This is a 53.66% decrease from the same period last year. The company also reported quarterly sales of $1.92 billion, missing the analyst consensus estimate of $2.04 billion by 5.98%. This is a 16.61% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:48 pm

WCC

WESCO International has updated its FY23 EPS forecast to $15.00-$16.00, compared to the consensus of $15.77. The company also revised its net sales growth prediction to 5%-7% from the previous 6%-9%, mainly due to market weakness in certain sectors of the Electrical and Electronic Solutions business unit.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:47 pm

CI

Cigna has increased its FY23 sales guidance to $190B, up from the previous guidance of $188B, but slightly below the consensus of $191.69B. The company has also reaffirmed its 2023 adjusted EPS outlook of at least $24.70, in line with the consensus of $24.69.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:47 pm

HEP

Holly Energy Partners (NYSE:HEP) reported Q2 earnings of $0.40 per share, missing the analyst consensus estimate of $0.47 by 14.89%. This is a decrease of 11.11% from the same period last year. The company also reported quarterly sales of $139.75 million, missing the analyst consensus estimate of $140.86 million by 0.78%. However, this is a 2.94% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:47 pm

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