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GM

General Motors (GM) has raised its 2024 adjusted EPS guidance from $9.00-$10.00 to $9.50-$10.50, surpassing the estimated $9.71.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:32 am

GM

General Motors (GM) has raised its financial guidance, indicating stronger-than-expected performance.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:31 am

GE

GE Aerospace has raised its FY24 outlook, now expecting revenue growth in the high single digits, up from the previous low single digits. The adjusted EPS forecast has also been increased to $3.95-$4.20, compared to the prior $3.80-$4.05, and is in line with the $4.08 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:29 am

GE

General Electric shares are trading higher after the company reported better-than-expected Q2 adjusted EPS.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:29 am

GE

GE Aero (NYSE:GE) reported Q2 2024 adjusted EPS of $1.20, beating the $0.99 estimate by 21.21%. However, sales of $8.220 billion missed the $8.462 billion estimate by 2.86%. EPS increased by 62.16% YoY, while sales grew by 3.96% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:24 am

PEBO

Peoples Bancorp reported Q2 2024 GAAP EPS of $0.82, missing the estimate of $0.84. However, sales were $110.317M, beating the estimate of $109.949M.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:18 am

CNC

Centene Corporation expects to reaffirm its FY24 GAAP EPS guidance floor of greater than $5.94 and adjusted EPS guidance floor of greater than $6.80, which is slightly below the estimated $6.84.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:16 am

CSTM

Constellium has paused its FY24 guidance for adjusted EBITDA due to uncertainty around the impact of severe flooding at its facilities in Switzerland. The extent of the damage and the timing to restart production are currently unknown.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:14 am

MMYT

MakeMyTrip (NASDAQ:MMYT) reported strong Q1 2025 earnings, with an adjusted EPS of $0.39 beating the $0.27 estimate and sales of $243.658 million surpassing the $242.186 million estimate. This represents a 30% increase in EPS and a 22.88% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:13 am

JCI

Johnson Controls shares are trading higher after the company announced it will divest its residential and light commercial HVAC businesses to Bosch in an $8.1 billion deal.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:12 am