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TREX

Trex Co reported Q2 earnings of $0.71 per share, beating the analyst consensus estimate of $0.53 by 33.96%. However, this is a 10.13% decrease from the same period last year. The company also reported quarterly sales of $356.54 million, surpassing the analyst consensus estimate of $318.47 million by 11.95%, but marking a 7.69% decrease from the same period last year.

Portfolio Pulse from sunil@benzinga.com

July 31, 2023 | 8:50 pm

FANG

VNOM

Viper Energy Partners is planning a conversion that will allow its common stockholders to vote on all matters under the Delaware General Corporation Law. Post-conversion, Viper will be a 'controlled company' under NASDAQ rules as Diamondback Energy will own more than 50% of Viper's voting power. Viper's publicly traded common stock will continue to be traded on NASDAQ under the existing ticker symbol 'VNOM'.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 8:50 pm

ES

Eversource Energy has reiterated its 2023 Non-GAAP EEPS projection of $4.25-$4.43, which is in line with the estimate of $4.36.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:43 pm

HUN

Huntsman Corporation reported Q2 earnings of $0.22 per share, missing the analyst consensus estimate of $0.30 by 26.67%. This is a decrease of 82.81% from the same period last year. The company also reported quarterly sales of $1.60 billion, missing the analyst consensus estimate of $1.70 billion by 6.12%, a decrease of 32.43% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:42 pm

AVB

AvalonBay Communities (AVB) has projected its FY23 FFO to be between $10.45 and $10.66.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:41 pm

CRK

Comstock Resources (NYSE:CRK) reported Q2 sales of $288.21 million, missing the analyst consensus estimate of $330.76 million by 12.86 percent. This represents a 66.54 percent decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 31, 2023 | 8:39 pm

ES

Eversource Energy reported Q2 adjusted earnings of $1.00 per share, beating the analyst consensus estimate of $0.92 by 8.7%. This is a 16.28% increase from the same period last year. However, the company's quarterly sales of $2.63 billion missed the analyst consensus estimate of $2.88 billion by 8.59%, a 2.18% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:37 pm

HTLF

Heartland Financial USA (NASDAQ:HTLF) reported Q2 earnings of $1.11 per share, missing the analyst consensus estimate of $1.15 by 3.48%. This is a 5.13% decrease from the same period last year. The company also reported quarterly sales of $179.63 million, missing the analyst consensus estimate of $181.53 million by 1.05%. This is a 1.48% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 31, 2023 | 8:37 pm

RRX

Regal Rexnord has projected its FY23 adjusted EPS to be between $10.20 and $10.60, which is slightly below the estimated $10.63.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:36 pm

LEG

Leggett & Platt reported Q2 earnings of $0.40 per share, beating the analyst consensus estimate of $0.39 by 2.56%. However, this is a 42.86% decrease from the same period last year. The company's quarterly sales of $1.22 billion missed the analyst consensus estimate of $1.24 billion by 1.61%, marking an 8.47% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:35 pm