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ESAB

ESAB has raised its full year 2023 outlook, expecting total core sales growth of 6.0% to 7.5%, up from the previous guidance of 4.0% to 6.0%. The company also anticipates core adjusted EBITDA of $450 to $465 million and core adjusted EPS of $4.10 to $4.30, higher than the previous estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:43 am

ETRN

Equitrans Midstream has raised its FY23 net income outlook to $420M - $470M, up from the previous estimate of $330M - $410M. The company also expects Q3 net income to be between $115M - $135M.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:43 am

IDXX

IDEXX Laboratories has increased its 2023 revenue guidance from $3.615B-$3.70B to $3.66B-$3.715B, which is in line with the consensus estimate of $3.67B.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:42 am

MRK

Merck has revised its FY23 revenue guidance to $58.6B-$59.6B, up from the prior guidance of $57.7B-$58.9B and above the consensus of $53.18B. The company also forecasts an adjusted EPS of $2.95-$3.05, which is higher than the consensus of $2.60 but lower than the prior guidance of $6.88-$7.00.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:40 am

ETRN

Equitrans Midstream (ETRN) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.08 by 50%. However, the company's quarterly sales of $318.47 million missed the analyst consensus estimate of $325.07 million by 2.03%. This represents a 9.09% increase in earnings and a 3.09% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:36 am

JBLU

JetBlue Airways reported Q2 earnings of $0.45 per share, beating the analyst consensus estimate of $0.40 by 12.5%. This is a 195.74% increase over losses from the same period last year. The company also reported quarterly sales of $2.61 billion, a 6.75% increase over sales from the same period last year, meeting the analyst consensus estimate.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:34 am

TRTN

Triton International (NYSE:TRTN) reported Q2 earnings of $2.38 per share, beating the analyst consensus estimate of $2.29 by 3.93%. However, this is a 18.49% decrease from the same period last year. The company's quarterly sales were $386.50 million, missing the analyst consensus estimate of $398.14 million by 2.92%, and marking an 8.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:32 am

VNET

Sheng Chen, the founder of VNET, has expressed his intention to make further equity investments in the company. However, there have been no discussions between him and VNET regarding this plan, and no binding agreement exists between him, the holding company, and any co-investors.

Portfolio Pulse from Charles Gross

August 01, 2023 | 10:20 am

RVTY

Revvity has lowered its FY23 revenue forecast to $2.80B-$2.85B, down from the previous estimate of $2.90B-$2.94B. The company also expects its adjusted EPS to be $4.70-$4.90, down from the earlier prediction of $4.85-$5.05. Both revised estimates are below the consensus estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:18 am

IT

Gartner has increased its 2023 adjusted EPS outlook from at least $9.50 to at least $10.00, slightly below the consensus of $10.05.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:16 am