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KDP

Keurig Dr Pepper (KDP) has raised its sales growth outlook for FY23 to 5%-6%, while reaffirming its EPS growth outlook at 6%-7%. The guidance is provided on a constant currency, non-GAAP basis. The company does not provide reconciliations of such forward-looking non-GAAP measures to GAAP measures due to unpredictable impacts outside of the company's control.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:04 am

ORI

Old Republic Intl (ORI) reported Q2 earnings of $0.62 per share, beating the analyst consensus estimate of $0.56 by 10.71%. However, this is a 10.14% decrease from the same period last year. The company's quarterly sales of $1.83 billion missed the analyst consensus estimate of $1.93 billion by 5.23%, marking a 14.05% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 11:03 am

PNR

Pentair Plc. has increased its adjusted EPS guidance to $3.65-$3.75 from the previous estimate of $3.60-$3.70, against a consensus of $3.66. The company maintained its full year 2023 sales guidance to be down approximately 2 percent to flat on a reported basis. It also expects full year free cash flow to approximate 100 percent of net income.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:03 am

NVCR

NovoCure (NASDAQ:NVCR) reported Q2 losses of $(0.54) per share, missing the analyst consensus estimate of $(0.50) by 8 percent. This is a 134.78 percent increase in losses from the same period last year. However, the company's quarterly sales of $126.05 million beat the analyst consensus estimate of $124.26 million by 1.44 percent, despite a 10.52 percent decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:03 am

MLM

Martin Marietta Materials (NYSE:MLM) reported Q2 adjusted earnings of $5.60 per share, beating the analyst consensus estimate of $4.85 by 15.46%. However, this is a 0.88% decrease from the same period last year. The company's quarterly sales of $1.82 billion missed the analyst consensus estimate of $1.83 billion by 0.49%, but it's a 10.90% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:02 am

IP

International Paper (NYSE:IP) reported Q2 earnings of $0.59 per share, beating the analyst consensus estimate of $0.38 by 55.26%. However, this is a 52.42% decrease from the same period last year. The company's quarterly sales were $4.68 billion, missing the analyst consensus estimate of $4.90 billion by 4.45%, and marking a 13.12% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 11:02 am

MCD

McDonald's has reported an increase in global comparable sales by 11.7%.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 11:02 am

TSCO

Tractor Supply has reduced its FY23 net sales outlook from $15.0B-$15.3B to $14.8B-$14.9B, below the consensus of $15.17B. The company also lowered its EPS from $10.30-$10.60 to $10.20-$10.40, slightly below the consensus of $10.42.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:00 am

AEP

American Electric Power (AEP) reported Q2 earnings of $1.13 per share, beating the analyst consensus estimate of $1.12 by 0.89 percent. However, this is a 5.83 percent decrease from the same period last year. The company's quarterly sales of $4.40 billion missed the analyst consensus estimate of $4.76 billion by 7.56 percent, marking a 4.35 percent decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:59 am

LII

Lennox has increased its FY23 EPS outlook from $14.25 - $15.25 to $15.50 - $16.00, which is higher than the estimated $15.38.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:55 am