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GE

General Electric (GE) has increased its FY23 adjusted EPS guidance from $1.70-$2.00 to $2.10-$2.30, which is above the estimated $2.06.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:24 am

AWI

Armstrong World Industries (AWI) has projected its FY23 net sales to be between $1.26 billion and $1.31 billion, which is in line with the $1.26 billion estimate. The company also expects its adjusted EPS to be between $4.85 and $5.05, slightly higher than the $4.81 estimate. Additionally, AWI anticipates its adjusted EBITDA to be between $400 million and $420 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:20 am

ALK

Alaska Air Group has projected its FY23 capacity growth to be between 11% and 13%, with revenue growth expected to be between 8% and 10%. The company also anticipates a 1% to 3% decrease in CASMex. The estimated EPS is between $5.50 and $7.50, which is lower than the $6.6 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:15 am

EEMA

EWU

EZU

FLAX

SPY

On Monday, July 24, the U.S. markets ended in green, with Dow Jones continuing its winning streak for the eleventh day. Asian markets showed mixed results, with Japan's Nikkei 225 ending lower, while Australia's S&P/ASX 200, Shanghai Composite, Shenzhen CSI 300, and Hang Seng index rose. The Pan-European STOXX 600 index, DAX index, CAC 40, and the U.K.’s FTSE 100 also traded higher. Commodities showed mixed results, with Crude Oil WTI and Brent trading lower, while Natural Gas, Gold, Silver, and Copper traded higher. U.S. futures showed mixed results, with Dow futures down, while S&P 500 futures and Nasdaq 100 futures rose. The U.S. Dollar Index was down.

Portfolio Pulse from Akanksha Bakshi

July 25, 2023 | 10:13 am

TRU

TransUnion has maintained its 2023 guidance with a revenue forecast of $3.825B-$3.885B, which is in line with the consensus estimate of $3.86B. The company also expects its adjusted EPS to be between $3.49 and $3.62, matching the consensus estimate of $3.58.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:11 am

TRU

TransUnion has provided its Q3 revenue guidance, expecting to generate between $973M and $988M, which is slightly below the consensus estimate of $986.3M. The company also anticipates an adjusted EPS of $0.92-$0.95, lower than the consensus estimate of $0.97.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:09 am

PII

Polaris has revised its FY23 adjusted EPS growth forecast to -2% - +3%, a change from its previous estimate of -3% - +3%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:07 am

AWI

Armstrong World Indus (NYSE:AWI) reported Q2 earnings of $1.38 per share, beating the analyst consensus estimate of $1.31 by 5.34%. This is a 6.98% increase from the same period last year. However, the company's quarterly sales of $325.40 million missed the analyst consensus estimate of $335.50 million by 3.01%, though it's a 1.37% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:07 am

ST

Sensata Technologies has projected its Q3 revenue to be between $980M and $1.02B, lower than the estimated $1.03B. The company also expects its adjusted EPS to be between $0.84 and $0.94, which is below the estimated $0.96. Changes in foreign currency exchange rates are anticipated to decrease revenue by about $6 million and adjusted EPS by $0.03.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:06 am

PII

Polaris has increased its sales outlook for 2023 from flat to +5% to a range of +3% to +6%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:05 am