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UTL

Unitil (NYSE:UTL) reported Q2 2024 GAAP EPS of $0.27, missing the $0.29 estimate, but sales of $95.7M beat the $94M estimate. EPS increased by 8% YoY, while sales decreased by 7.45% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:49 am

MPLX

MPLX (NYSE:MPLX) reported Q2 sales of $3.052 billion, missing the analyst consensus estimate of $2.958 billion. This represents a 100% decrease compared to $2.690 billion in sales during the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:48 am

NVT

nVent Electric has narrowed its FY24 adjusted EPS guidance to a range of $3.23-$3.29, down from the previous range of $3.22-$3.30. The new guidance is slightly below the consensus estimate of $3.28.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:45 am

AAPL

GLD

QQQ

SPY

USO

U.S. stock markets closed sharply lower on Monday, with the Nasdaq and S&P 500 each falling over 3% due to weak economic data and a soft payrolls report. Apple shares dropped 4.8% after Berkshire Hathaway halved its stake. Asian markets showed mixed results, with Japan's Nikkei 225 closing drastically higher by 10.24%. European markets opened in the red, and commodities like crude oil and gold advanced.

Portfolio Pulse from Akanksha Bakshi

August 06, 2024 | 10:40 am

BEAM

Beam Therapeutics (NASDAQ:BEAM) reported Q2 2024 GAAP EPS of $(1.11), beating the estimate of $(1.25) but showing a year-over-year decrease. Sales were $11.772M, missing the $14.183M estimate and showing a significant decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:39 am

ARMK

Aramark has updated its 2024 financial outlook, expecting revenue growth of approximately 10%, adjusted EPS growth of around 35%, and AOI growth of about 20%. The company also anticipates a leverage ratio of approximately 3.5x.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:39 am

TPX

Tempur Sealy International reported Q2 2024 adjusted EPS of $0.63, missing the $0.64 estimate. Sales were $1.234 billion, also missing the $1.278 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:37 am

VYX

NCR Voyix shares are trading higher after the company announced a definitive agreement to sell its Digital Banking business to Veritas Capital for $2.45 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:36 am

ARMK

Aramark (NYSE:ARMK) reported Q3 2024 adjusted EPS of $0.31, beating the estimate of $0.30. Sales were $4.376 billion, also surpassing the $4.312 billion estimate. EPS increased by 121.43% year-over-year, while sales decreased by 7.85%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:35 am

AAPL

AMZN

GOOG

GOOGL

A U.S. federal judge ruled that Alphabet Inc.'s Google has unlawfully maintained monopolies in search and text advertising markets, marking a significant win for the DOJ led by Jonathan Kanter. This ruling is part of broader antitrust actions against major tech firms including Apple and Amazon.

Portfolio Pulse from Ananya Gairola

August 06, 2024 | 10:35 am