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DPZ

Domino's Pizza Inc (NYSE:DPZ) reported Q2 FY23 sales of $1.02 billion, a 3.8% YoY decline, missing the analyst consensus of $1.07 billion. However, its EPS of $3.08 beat the analyst consensus of $3.05. Following the earnings announcement, several analysts including Wedbush, TD Cowen, Barclays, and Citigroup raised their price targets on Domino's Pizza.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 10:38 am

ABG

Asbury Automotive Gr (ABG) reported Q2 adjusted earnings of $8.95 per share, beating the analyst consensus estimate of $8.24 by 8.62%. However, this is a 10.86% decrease from the same period last year. The company's quarterly sales of $3.74 billion missed the analyst consensus estimate of $3.80 billion by 1.58%, marking a 5.32% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:37 am

XRX

Xerox Holdings has reiterated its FY23 revenue guidance of $7.10 billion, which is above the consensus estimate of $6.98 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:35 am

GE

General Electric (GE) shares are trading higher following the company's Q2 results, which exceeded expectations. Additionally, GE has raised its FY23 guidance.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:35 am

SITC

SITE Centers has revised its FY23 Operating FFO per share outlook from $1.11-$1.17 to $1.13-$1.17.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:35 am

GM

General Motors (GM) reported better-than-expected Q2 results and raised its FY23 adjusted automotive free cash flow guidance. This has led to a rise in GM's share prices.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:34 am

MMM

3M Company has raised its full-year adjusted EPS expectations for 2023 to $8.60 to $9.10, up from the previous $8.50 to $9.00. This is due to the company's strong operational execution and cost discipline. Adjusted total sales growth is expected to be in the range of -5 to -1 percent, with adjusted operating cash flow of $5.9 to $6.3 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:34 am

AMC

NBTX

NYAX

RXT

SOUN

SRAD

Several stocks including SoundHound AI, Rackspace Technology, Nanobiotix, Sportradar Group, AMC Entertainment, and Nayax recorded losses in Tuesday's pre-market trading session. Citigroup downgraded Rackspace Tech from Neutral to Sell and raised the price target from $1.25 to $1.5. AMC Entertainment shares declined after a court rejected the company's proposed plan to convert preferred shares to common units and implement a stock split.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 10:32 am

GM

General Motors (GM) has revised its FY23 adjusted automotive free cash flow outlook upwards from $5.5B-$7.5B to $7B-$9B.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:32 am

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