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GLW

Corning (NYSE:GLW) reported Q2 2024 adjusted EPS of $0.47, beating the estimate of $0.46. Sales were $3.60 billion, surpassing the $3.54 billion estimate and showing a 3.50% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:13 am

SOFI

SoFi Technologies has updated its FY24 revenue guidance to a range of $2.425 billion to $4.465 billion, compared to the previous estimate of $2.783 billion and prior guidance of $2.39 billion to $2.43 billion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:12 am

HWM

Howmet Aerospace has provided its Q3 and FY24 financial guidance, projecting higher-than-expected revenue and adjusted EPS. For Q3, the company expects revenue between $1.845 billion and $1.865 billion, surpassing the $1.81 billion estimate, and adjusted EPS between $0.63 and $0.65, above the $0.60 estimate. For FY24, Howmet forecasts revenue between $7.40 billion and $7.48 billion, exceeding the $7.33 billion estimate, and adjusted EPS between $2.53 and $2.57, higher than the $2.39 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:08 am

NEOG

Neogen has initiated its full-year outlook for fiscal year 2025, providing revenue guidance of $925M-$955M, which is in line with the consensus estimate of $938.743M.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:07 am

PSX

Phillips 66 (NYSE:PSX) reported Q2 2024 adjusted EPS of $2.31, beating the $1.98 estimate. Sales were $38.911 billion, surpassing the $35.426 billion estimate. Despite the beats, EPS decreased by 40.31% YoY, while sales increased by 8.87% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:07 am

CECO

CECO Environmental has raised its 2024 revenue guidance to $600M-$620M from $590M-$610M and adjusted EBITDA to $68M-$72M from $67M-$70M. This reflects a 12% increase in revenue and a 21% increase in adjusted EBITDA at the midpoint of the range. The company maintains its full-year outlook for free cash flow of 50%-70% of adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:04 am

ADM

Archer-Daniels-Midland (ADM) has reaffirmed its FY24 adjusted EPS guidance of $5.25 to $6.25, which aligns with the estimated $5.49.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:04 am

PSX

Phillips 66 (NYSE:PSX) reported Q2 2024 adjusted earnings per share (EPS) of $2.31, surpassing the analyst consensus estimate of $1.98 by 16.67%. However, this represents a 40.31% decrease from the $3.87 EPS reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:04 am

HEES

H&E Equipment Services (NASDAQ:HEES) reported Q2 earnings per share of $0.91, missing the analyst estimate of $1.03. Sales were $376.28 million, also below the $382.05 million estimate. EPS decreased by 20.18% year-over-year, while sales increased by 4.46%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:03 am

HWM

Howmet Aerospace shares are trading higher following better-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:03 am