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B

Barnes Group Inc reported Q2 FY23 sales growth of 5.5% YoY at $338.98 million, missing the consensus of $339.166 million. Adjusted EPS of $0.58 beat the consensus of $0.54. The company's operating cash flow for six months ended June 30, 2023, totaled $42.5 million. Industrial segment sales increased by 2% YoY and Aerospace segment sales increased by 12% YoY. The company boosted its organic sales growth forecast to 7%-9% and continues to expect adjusted EPS of $2.15-$2.30.

Portfolio Pulse from Akanksha Bakshi

July 28, 2023 | 4:08 pm

BFST

EOSE

RETA

ROKU

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TNXP

XOM

US stocks traded higher with the Dow Jones gaining around 250 points. Exxon Mobil Corp reported weaker-than-expected Q2 earnings with adjusted EPS of $1.94 missing the consensus estimate of $2.01. Business First Bancshares, Reata Pharmaceuticals, and Roku saw their shares rise following positive quarterly results. Shares of Tonix Pharmaceuticals, Sleep Number Corporation, and Eos Energy Enterprises fell.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 4:08 pm

BFST

Business First Bancshares reported better-than-expected Q2 financial results, leading to a rise in its stock price. Raymond James upgraded the stock from Market Perform to Outperform and set a $20 price target.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:05 pm

XOM

Exxon Mobil's Q2 results were mixed, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:04 pm

BIIB

Biogen has announced the acquisition of Reata Pharmaceuticals, leading to a rise in Biogen's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:03 pm

NYCB

JP Morgan has upgraded New York Community Bancorp's stock from Neutral to Overweight, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:03 pm

WWD

Woodward (NASDAQ:WWD) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $0.97. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $119.63, up 13.66% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 4:03 pm

SOFI

SoFi Techs (NASDAQ:SOFI) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $-0.07. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $9.09 and has seen a 48.58% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 4:03 pm

RRX

Regal Rexnord (NYSE:RRX) is set to release its quarterly earnings report on July 31, 2023. Analysts estimate an EPS of $2.44. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $151.26 and has seen a 15.39% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 4:03 pm

ZI

ZoomInfo Technologies (NASDAQ:ZI) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $0.23. The company's past performance shows a pattern of beating EPS estimates, which has generally led to an increase in share price. However, the stock has been down 31.69% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 4:03 pm