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MANH

Manhattan Associates has projected its FY23 revenue to be between $886M-$894M, which is higher than the estimated $862.71M. The company also anticipates its adjusted EPS to be $3.07-$3.11, surpassing the estimated $2.88.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:40 pm

CSGP

CoStar Group has reduced its FY23 revenue forecast from $2.465B-$2.48B to $2.45B-$2.46B, below the consensus of $2.48B. The revision is due to lower property transaction volume expectations in the second half of 2023, which will impact Ten-X revenue.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:38 pm

TDOC

Teladoc Health Inc (NYSE:TDOC) reported better-than-expected Q2 results, with revenues of $652.4 million, beating estimates of $649.19 million, and an EPS loss of 40 cents, better than the estimated loss of 41 cents. Revenues were up 10% YoY, and adjusted gross margin increased to 70.8% from 69.2% YoY. The company expects Q3 revenue to be between $650 million and $675 million, and full-year 2023 revenue to be between $2.6 billion and $2.675 billion.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 8:37 pm

LXFR

Luxfer Holdings (NYSE:LXFR) reported Q2 earnings of $0.27 per share, missing the analyst consensus estimate of $0.30 by 10%. This is a 25% decrease from the same period last year. The company also reported quarterly sales of $110.40 million, missing the analyst consensus estimate of $111.00 million by 0.54%. This is a 0.82% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 25, 2023 | 8:36 pm

MMSI

Merit Medical Systems has projected its FY23 net sales to be between $1.23 billion and $1.244 billion, which is in line with the estimated $1.23 billion. The company also expects its adjusted EPS to be between $2.81 and $2.91, slightly varying from the estimated $2.90.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:35 pm

CR

Crane Co. has revised its FY23 total sales growth forecast to approximately 6%, up from the previous estimate of 5%. The company also expects core sales growth to be between 5% and 7%, an increase from the prior range of 4% to 6%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:35 pm

MTDR

Matador Resources has increased the midpoint of its 2023 total oil production guidance from 26.85 million barrels to 27.15 million barrels.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:35 pm

USO

The American Petroleum Institute (API) reported a build of 1.319 million barrels in the weekly crude stock, against an estimated draw of 1.969 million barrels.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:34 pm

CR

Crane Co. has increased its FY23 adjusted EPS guidance from $3.60-$3.90 to $3.80-$4.10, with a consensus of $3.86.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:34 pm

UMBF

UMB Financial reported Q2 earnings of $1.93 per share, beating the analyst consensus estimate of $1.92 by 0.52 percent. However, this is a 31.8 percent decrease from the same period last year. The company's quarterly sales of $363.69 million missed the analyst consensus estimate of $375.71 million by 3.20 percent, marking a 9.33 percent decrease from the previous year.

Portfolio Pulse from vinayak@benzinga.com

July 25, 2023 | 8:33 pm