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TSLA

Tesla Inc (NASDAQ:TSLA) is recalling over 1.8 million vehicles in the U.S. due to concerns that an unlatched hood can fully open while driving, obstructing the driver’s view and increasing crash risks. The recall affects various models, and Tesla has released a software update to fix the issue. This is Tesla's second-largest recall this year.

Portfolio Pulse from Anan Ashraf

July 30, 2024 | 10:08 am

IT

Gartner has projected its FY24 revenue to be $6.2 billion, slightly below the estimated $6.24 billion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:07 am

IT

Gartner has raised its FY24 adjusted EPS outlook from $10.90 to $11.05, which is still below the estimated $11.63.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:06 am

AWI

Armstrong World Industries has updated its 2024 sales guidance to a range of $1.415 billion to $1.44 billion, up from the previous range of $1.395 billion to $1.435 billion. This new guidance is also above the consensus estimate of $1.413 billion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:06 am

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