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DIN

Dine Brands Global (NYSE:DIN) reported Q2 2024 adjusted EPS of $1.71, beating the analyst estimate of $1.64. However, sales of $206.3 million missed the $210.728 million estimate and were down 1.01% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:01 am

CRL

Charles River (NYSE:CRL) reported Q2 2024 adjusted EPS of $2.80, beating the analyst estimate of $2.39 by 17.15%. Sales were $1.03 billion, slightly above the $1.024 billion estimate but down 2.83% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:00 am

JBI

Janus International Group (NYSE:JBI) reported Q2 earnings of $0.21 per share, missing the analyst estimate of $0.27. Sales were $248.40 million, also below the $282.39 million estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:59 am

DIA

QQQ

SPY

USO

UUP

U.S. stock markets closed higher on Tuesday, driven by Federal Reserve officials' comments easing recession fears. The S&P 500 and Nasdaq saw gains, with all major sectors in the S&P 500 closing higher. The Dow Jones Industrial Average also rose. In economic data, the U.S. trade deficit narrowed in June. Asian markets, particularly Japan's Nikkei 225, saw significant gains, while European markets also experienced growth. Crude oil and the U.S. dollar advanced, with the U.S. dollar index gaining 0.31%.

Portfolio Pulse from Akanksha Bakshi

August 07, 2024 | 10:59 am

EMR

Emerson Electric Co. (EMR) has provided its adjusted EPS guidance for 2024, estimating it to be between $5.45 and $5.50, which is in line with the consensus estimate of $5.47.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:57 am

DTC

Solo Brands has revised its 2024 revenue outlook to $470M-$490M from the previous $490M-$510M, which is below the consensus of $499.77M. The company also projects an adjusted EBITDA of 9%-10%. CEO Chris Metz cited a challenging third quarter and an uncertain macroeconomic environment as reasons for the lowered guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:56 am

NOMD

Nomad Foods continues to expect FY24 organic revenue growth of 3%-4%, with adjusted EPS of €1.75-€1.80, translating to $1.89-$1.94 based on the USD/EUR exchange rate as of August 1st. The company also anticipates adjusted EBITDA growth of 4%-6% and cash flow conversion of 90%-95%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:55 am

ODP

ODP Corporation has revised its FY24 outlook, lowering its adjusted EPS from $6.30-$6.60 to $4.25-$5.00 and revenue from $7.44B to at least $7B. The company cited underperformance in the first half of the year and an uncertain macroeconomic environment as reasons for the update.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:55 am

UPST

Upstart Holdings shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:55 am

FTNT

Fortinet shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:54 am