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AXTA

EXFY

VAC

Insiders at Axalta Coating Systems Ltd. (AXTA), Expensify, Inc. (EXFY), and Marriott Vacations Worldwide Corporation (VAC) have recently made notable purchases of their companies' stocks. This could indicate their confidence in the companies' prospects or that they view the stocks as a bargain. However, all three companies reported worse-than-expected Q2 results.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 11:14 am

BHIL

Benson Hill has reaffirmed its FY23 sales guidance of $390M-$430M, which is in line with the consensus of $428.02M. The company also plans to reduce operating expenses by $10M annually starting in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:14 am

BCO

Brink's has reaffirmed its full-year 2023 guidance, with expected revenues of $4.80B-$4.95B, compared to the consensus estimate of $4.91B. The company also expects adjusted EPS to be between $6.45 and $7.15, against the consensus estimate of $6.80.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:13 am

VVV

Valvoline has raised its FY23 adjusted net income outlook to $185M-$200M from the previous $160M-$180M. The company is focused on creating value for shareholders by growing the core business, expanding the network, and evolving with the car parc.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:12 am

VST

Vistra (NYSE:VST) reported Q2 sales of $3.19 billion, missing the analyst consensus estimate of $5.91 billion by 46.04 percent. However, this represents a 100.82 percent increase over sales of $1.59 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:10 am

RMBL

RumbleOn has revised its FY23 outlook, now expecting total Powersports and Transportation revenue of $1.38B-$1.48B, down from the previous estimate of $1.4B-$1.6B. The company also anticipates an adjusted EBITDA of $55M-$65M, a significant decrease from the prior view of $95M-$105M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:09 am

REYN

Reynolds Consumer Products has projected a decline in its Q3 revenue by 3% to 5%. The company also expects its earnings per share (EPS) to be between $0.34 and $0.38, compared to the estimated $0.37.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:09 am

REYN

Reynolds Consumer Products has increased its FY23 EPS outlook from $1.30 - $1.41 to $1.34 - $41.41, compared to the estimated $1.35.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:08 am

KVHI

KVH Industries reported Q2 earnings of $0.05 per share, missing the analyst consensus estimate of $0.06 by 16.67%. The company's quarterly sales were $34.17 million, missing the estimate of $37.39 million by 8.61%. This represents a 400% increase in earnings but a 1.11% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:06 am

EVRI

Everi has increased its FY23 adjusted EPS guidance from $1.58-$1.66 to $1.62-$1.67, which is significantly higher than the estimated $1.09.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:06 am