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KO

Coca-Cola's shares are trading higher following the company's Q2 results, which exceeded expectations.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 11:09 am

T

AT&T Inc reported positive second-quarter results, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:09 am

DGX

Quest Diagnostics has revised its FY23 revenue guidance to $9.12B-$9.22B, up from the prior guidance of $8.93B-$9.08B. The new guidance surpasses the consensus of $9.06B. The company also forecasts an adjusted EPS of $8.50-$8.90, compared to the consensus of $8.69 and prior guidance of $8.45-$8.95.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:07 am

RILY

B. Riley Financial has priced its share offering at $55 per share, with a total of 1,818,182 shares being offered.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 11:06 am

TME

JP Morgan analyst Alex Yao has downgraded Tencent Music Enter Gr (NYSE:TME) from Overweight to Neutral.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 11:05 am

ODFL

Old Dominion Freight Line (ODFL) has announced a new share repurchase program for up to $3.0 billion of its outstanding stock. This program will commence after the completion of the company's existing $2.0 billion repurchase program, which had $376.9 million remaining as of June 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:05 am

ADP

Automatic Data Processing (ADP) has projected its FY24 revenue growth to be between 6% and 7%, compared to the estimated $18.97B. The company also expects its adjusted EPS growth to be between 10% and 12%, compared to the estimated $8.92.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:05 am

GD

General Dynamics reported a record-high backlog of $91.4 billion in Q2, a 4.3% increase from the same quarter last year. The company's consolidated book-to-bill ratio was 1.2-to-1, driven by good order activity across all segments. The Aerospace segment booked $2.5 billion in new orders due to strong demand for Gulfstream aircraft.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:04 am

TLRY

Tilray Brands reported Q4 sales of $184.00M, surpassing the estimated $153.66M.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:03 am

GD

General Dynamics (NYSE:GD) reported Q2 earnings of $2.70 per share, beating the analyst consensus estimate of $2.56 by 5.47%. However, this is a 1.82% decrease from the same period last year. The company also reported quarterly sales of $10.15 billion, beating the analyst consensus estimate of $9.46 billion by 7.32%, and marking a 10.48% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:02 am