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UAL

Insiders at Amazon, Roblox, United Airlines, and Halliburton have recently sold shares. Amazon's CEO of Web Services sold 1,000 shares following a 15% reduction in the purchase consideration for iRobot's takeover. Roblox's Director sold 8,333 shares amid a data breach that exposed sensitive information of creators. United Airlines' EVP and CFO sold 4,491 shares after reporting better-than-expected Q2 results and strong FY23 guidance. Halliburton's Senior VP of Tax sold 10,000 shares after Q2 revenue growth missed consensus.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 12:12 pm

GWW

W.W. Grainger has raised the mid-point of its FY23 net sales guidance to $16.4 billion-$16.8 billion, up from the previous estimate of $16.2 billion-$16.8 billion. The company also expects FY23 EPS to be between $35.00 and $36.75, compared to the previous range of $34.25 to $36.75.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:11 pm

TRS

TriMas Corporation has revised its FY23 consolidated sales growth outlook downwards from 10%-15% to 5%-10%.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:10 pm

CMG

Chipotle Mexican Grill, Inc. (NYSE:CMG) missed Q2 revenue estimates but beat earnings per share estimates. The company expects Q3 comparable restaurant sales growth to be in the low to mid-single-digit range. Following the earnings announcement, several analysts revised their price targets on Chipotle. Shares fell 8.3% in pre-market trading.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 12:07 pm

PATK

Patrick Industries reported a 38% decrease in revenue, primarily due to a 44% reduction in RV industry wholesale unit shipments.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:07 pm

CLS

YELL

Shares of Celestica Inc. surged 42.2% in pre-market trading following better-than-expected Q2 results. Other gainers include Carmell Therapeutics, Mallinckrodt, ENGlobal Corporation, Genesis Unicorn Capital Corp., Enovix Corporation, Lixte Biotechnology Holdings, Cingulate Inc., Helix Energy Solutions Group, and Meta Platforms. On the other hand, Yellow Corporation fell 24% in pre-market trading as it prepares to file for bankruptcy. Other losers include TPI Composites, National Vision Holdings, LendingClub Corporation, Oceaneering International, Impinj, MaxLinear, Silicon Motion Technology Corporation, POSCO Holdings, and Tango Therapeutics.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 12:06 pm

PRFT

Perficient has lowered its Q3 revenue forecast to $220M-$226M, compared to the estimated $244.96M, and adjusted EPS to $0.89-$0.94, compared to the estimated $1.23. The company also cut its FY23 revenue forecast to $900M-$916M (previously $945M-$985M) against the estimated $961.2M, and adjusted EPS to $3.93-$4.05 (previously $4.60-$4.75) against the estimated $4.64.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:06 pm

RCL

Royal Caribbean has reported an accelerating demand for its vacation experiences. This suggests a positive outlook for the company's future revenues and profitability.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:05 pm

PATK

Patrick Industries reported Q2 earnings of $1.94 per share, beating the analyst consensus estimate of $1.83 by 6.01%. However, this is a 59.5% decrease from the same period last year. The company's quarterly sales of $920.68 million missed the analyst consensus estimate of $944.56 million by 2.53%, marking a 37.58% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:05 pm

EYE

Citigroup analyst Paul Lejuez has downgraded National Vision Holdings (NASDAQ:EYE) from Buy to Neutral and lowered the price target from $28 to $22.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 12:05 pm