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AWI

Armstrong World Industries (AWI) has updated its 2024 adjusted EPS guidance to a range of $6.00-$6.15, up from the previous guidance of $5.80-$6.05 and above the consensus estimate of $5.91.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:05 am

LDOS

Leidos Holdings has updated its fiscal year 2024 guidance, projecting revenues between $16.1 billion and $16.4 billion, adjusted EBITDA margin of approximately 12%, and non-GAAP diluted EPS between $8.60 and $9.00. The company maintains its cash flow guidance at approximately $1.3 billion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:03 am

JBLU

JetBlue Airways (NASDAQ:JBLU) reported Q2 2024 adjusted EPS of $0.08, significantly beating the analyst estimate of $(0.13). Sales were $2.428 billion, also surpassing the $2.397 billion estimate. However, both EPS and sales were down compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:03 am

EPD

Enterprise Products Partners (NYSE:EPD) reported Q2 2024 earnings of $0.64 per share, missing the analyst estimate of $0.65. Sales were $13.483 billion, below the $14.270 billion estimate. Despite the misses, both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:01 am

SWK

Stanley Black & Decker (NYSE:SWK) reported Q2 2024 adjusted EPS of $1.09, beating the $0.84 estimate. Sales were $4.024 billion, slightly above the $4.016 billion estimate but down 3.25% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:01 am

LDOS

Leidos Holdings reported Q2 2024 adjusted EPS of $2.63, surpassing the estimate of $2.27. The company's sales also exceeded expectations, coming in at $4.132 billion compared to the $4.063 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:01 am

NVDA

Samsung Electronics has received approval from Nvidia for its high-bandwidth memory (HBM) chips, marking a significant milestone in the AI memory chip market. This approval could help Samsung close the gap with its competitor, SK Hynix, and capitalize on the growing demand for AI products. Nvidia's endorsement is crucial as it represents the first time the company has approved Samsung's HBM3 chips, albeit for a less advanced GPU designed to comply with U.S. export controls.

Portfolio Pulse from Benzinga Neuro

July 30, 2024 | 9:59 am

AMZN

Amazon is expanding its one- and two-day delivery services to rural regions, as reported by the Wall Street Journal. This move aims to enhance customer satisfaction and increase market penetration in less accessible areas.

Portfolio Pulse from charles@benzinga.com

July 30, 2024 | 9:59 am

BHP

CRIT

FLMMF

HAP

LUNMF

BHP Group Limited (NYSE:BHP) and Lundin Mining Corp. (OTC:LUNMF) have agreed to jointly acquire Filo Corp. (OTC:FLMMF) for C$4.1 billion. The acquisition includes a 32.2% premium over Filo's 30-day volume-weighted average price. BHP's shares are trading lower following the announcement. The deal is expected to close in Q1 2025, pending conditions.

Portfolio Pulse from Lekha Gupta

July 30, 2024 | 9:57 am

FFIV

IMNN

LSCC

SFM

SYM

F5, Inc. (NASDAQ:FFIV) shares surged over 14% in pre-market trading after reporting better-than-expected Q3 earnings and raising FY24 guidance. Other notable pre-market movers include Imunon, Inc. (NASDAQ:IMNN) up 104.2%, and Symbotic Inc. (NASDAQ:SYM) down 19.5% after disappointing earnings.

Portfolio Pulse from Avi Kapoor

July 30, 2024 | 9:50 am