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URI

United Rentals (NYSE:URI) reported Q2 2024 adjusted EPS of $10.70, beating the estimate of $10.54. However, sales of $3.773 billion slightly missed the estimate of $3.775 billion. Sales increased by 6.16% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:19 pm

CHE

Chemed Corporation has raised its FY24 EPS guidance from $23.30-$23.70 to $23.55-$23.80, surpassing the $23.21 estimate. VITAS is expected to see significant revenue and ADC growth, while Roto-Rooter is forecasted to experience a revenue decline. Covenant Health is projected to contribute positively to VITAS' revenue.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:19 pm

FAF

First American Financial (NYSE:FAF) reported Q2 2024 adjusted EPS of $1.27, beating the estimate of $1.16, but sales of $1.612 billion missed the $1.624 billion estimate. EPS decreased by 5.93% year-over-year, and sales decreased by 2.01% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:19 pm

CYH

Community Health Systems (NYSE: CYH) reported a Q2 2024 adjusted EPS of $(0.17), missing the $(0.12) estimate, but achieved sales of $3.140 billion, beating the $3.084 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:17 pm

PI

Impinj has released its Q3 financial guidance, projecting adjusted EPS between $0.46 and $0.50, which is below the estimated $0.74. The company also expects revenue between $91 million and $94 million, falling short of the estimated $97.52 million.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:17 pm

CHE

Chemed (NYSE:CHE) reported Q2 earnings of $5.47 per share, missing the analyst estimate of $5.59. Sales were $595.88M, also below the $599.19M estimate. Despite the misses, earnings and sales increased year-over-year by 34.07% and 7.60%, respectively.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:17 pm

COIN

RIOT

Cryptocurrency markets are mixed with Bitcoin and Dogecoin trading sideways, while Ethereum is down. Notable developments include Ferrari expanding crypto payments in Europe, Peter Thiel's investment in Pudgy Penguins, and Riot Platforms becoming the second-largest US-listed miner. Analysts highlight $66,000 as a crucial support level for Bitcoin.

Portfolio Pulse from Khyathi Dalal

July 24, 2024 | 8:17 pm

INVH

Invitation Homes CEO Dallas Tanner announced an increase in the midpoint of the full-year 2024 Core FFO per share guidance by $0.01 to $1.87, reflecting strong performance in the first half of the year and positive expectations moving forward.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:17 pm

MOH

Molina Healthcare (NYSE:MOH) reported Q2 2024 adjusted EPS of $5.86, beating the estimate of $5.55. Sales were $9.880 billion, surpassing the $9.746 billion estimate and marking an 18.65% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:16 pm

ALGN

Align Technology has provided a Q3 2024 revenue outlook of $980M-$1B, below the $1.03B estimate. The company expects a sequential decline in Clear Aligner volume and ASPs due to seasonality and foreign exchange. Systems and Services revenues are also expected to decline sequentially. GAAP operating margin is expected to be below Q3'23 levels, while non-GAAP operating margin is expected to be flat.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:16 pm