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PHM

PulteGroup shares are trading higher after the company reported better-than-expected Q2 EPS and sales.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:40 am

SNAP

Snap shares are trading higher following an upgrade from Morgan Stanley, which raised the stock rating from Underweight to Equal-Weight and increased the price target from $12 to $16.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:40 am

DHR

Danaher shares are trading higher after the company reported better-than-expected Q2 earnings.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:40 am

GE

GE Aerospace shares are trading higher after the company reported better-than-expected Q2 adjusted EPS and raised its FY24 outlook.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:38 am

KMB

Kimberly-Clark has revised its FY24 adjusted EPS growth expectations to mid-to-high teens percentage rate on a constant-currency basis, up from the previous low-teens growth forecast. However, reported operating profit and EPS are expected to be negatively impacted by approximately 700 basis points due to currency translation.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:35 am

F

GM

Ford shares are trading higher in sympathy with GM, which reported strong earnings and raised its 2024 guidance.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:34 am

GM

General Motors (GM) has raised its 2024 EBIT-adjusted guidance from $12.5B-$14.5B to $13.0B-$15.0B and increased its 2024 automotive operating cash flow guidance from $18.3B-$21.3B to $19.2B-$22.2B.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:34 am

KMB

Kimberly-Clark expects its FY24 organic net sales to grow at a mid-single-digit rate. However, reported net sales are anticipated to be negatively impacted by 400 basis points due to currency translation and 120 basis points from divestitures.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:33 am

GM

GM shares are trading higher after the company beat Q2 earnings estimates and raised its guidance.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:32 am

PHM

PulteGroup (NYSE:PHM) reported Q2 2024 earnings per share (EPS) of $3.83, surpassing the analyst consensus estimate of $3.26 by 17.48%. The company also reported quarterly sales of $4.600 billion, beating the estimate of $4.491 billion by 2.43%. This represents a 9.78% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:32 am