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EXC

Exelon has reaffirmed its FY24 adjusted EPS guidance of $2.40-$2.50, which is in line with the $2.44 estimate.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:54 am

APTV

Aptiv has lowered its FY24 revenue outlook to $20.10B-$20.40B, down from the previous range of $20.85B-$21.45B, and below the $21.03B estimate. The company also projects adjusted EPS of $6.15-$6.45, up from the prior view of $5.80-$6.30, and above the $6.03 estimate.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:54 am

EXC

Exelon (NASDAQ:EXC) reported Q2 2024 adjusted EPS of $0.47, beating the $0.40 estimate by 17.5%. Sales were $5.361 billion, surpassing the $4.897 billion estimate by 9.47%, and up 11.27% from last year's $4.818 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:52 am

GLD

QQQ

SPY

UUP

On July 31, U.S. stock markets closed higher with significant gains in the S&P 500 and Nasdaq, driven by a rally in chip stocks and the Federal Reserve's decision to keep interest rates unchanged. U.S. pending home sales rose 4.8% in June, and private businesses added 122,000 jobs in July. In Asia, Japan's Nikkei 225 fell sharply due to a hawkish stance from the BOJ, while Australia's S&P/ASX 200 and India's Nifty 50 saw gains. European markets declined, and commodities like gold and crude oil saw price increases. The U.S. dollar strengthened.

Portfolio Pulse from Akanksha Bakshi

August 01, 2024 | 10:52 am

COIN

Coinbase Global Inc. (NASDAQ:COIN) has seen a 1.34% pre-market uptick ahead of its Q2 earnings report, which is expected to show a significant revenue increase. Analysts predict revenue of $1.4 billion, up from $707.9 million last year. Cathie Wood’s Ark Invest has reduced its exposure to Coinbase amid a drop in Bitcoin.

Portfolio Pulse from Benzinga Neuro

August 01, 2024 | 10:50 am

LLY

Eli Lilly's SUMMIT Phase 3 trial of Tirzepatide for heart failure with preserved ejection fraction and obesity showed statistically significant improvements in reducing heart failure outcomes and physical limitations.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:50 am

APTV

Aptiv has announced a new $5 billion share repurchase program, which includes an immediate $3 billion accelerated share repurchase. The program will be funded through cash on hand and proceeds from debt.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:49 am

GVA

Granite Construction (NYSE:GVA) reported Q2 2024 adjusted EPS of $1.73, beating the $1.39 estimate. Sales were $1.082 billion, surpassing the $1.008 billion estimate and marking a 20.42% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:48 am

GIL

Gildan Activewear has reaffirmed its FY24 adjusted EPS guidance of $2.92-$3.07, which is in line with the $2.96 estimate. The company remains focused on its Gildan Sustainable Growth strategy and expects revenue growth to be flat to up low-single digits, with an adjusted operating margin slightly above the high end of its 18%-20% target range. Capex is expected to be around 5% of net sales, and free cash flow is projected to be above 2023 levels.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:47 am

LTH

Life Time Group Holdings (NYSE:LTH) reported Q2 2024 adjusted EPS of $0.25, beating the estimate of $0.15 by 66.67%. Sales were $667.761M, surpassing the $634.925M estimate and showing an 18.88% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:47 am