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AVY

Avery Dennison has raised its FY24 adjusted EPS outlook from a range of $9.00 - $9.50 to $9.30 - $9.50, compared to the $9.41 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:48 am

MSCI

MSCI has reiterated its full-year 2024 guidance, including capital expenditures of $95M-$105M and free cash flow of $1.225B-$1.285B. The guidance is based on various macroeconomic assumptions and is subject to uncertainties.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:47 am

MRK

Merck announced that its Phase 2b/3 trial of Clesrovimab, an antibody designed to protect infants from Respiratory Syncytial Virus (RSV) disease, met all primary safety and efficacy endpoints.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:47 am

AVY

Avery Dennison (NYSE:AVY) reported Q2 earnings of $2.42 per share, beating the analyst estimate of $2.26. Sales were $2.23 billion, surpassing the $2.18 billion estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:46 am

DJIA

GS

IAI

Goldman Sachs has expanded its real estate portfolio by acquiring seven last-mile logistics properties in Australia. The company's shares are trading marginally lower. Goldman Sachs reported strong Q2 earnings, beating revenue and EPS estimates. Investors can gain exposure to Goldman Sachs via IShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and Global X Dow 30 Covered Call ETF (DJIA).

Portfolio Pulse from Lekha Gupta

July 23, 2024 | 10:44 am

SKX

Skechers USA shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $60 to $80.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:41 am

OMI

Owens & Minor has announced its forecast for the fiscal year 2024, projecting adjusted earnings per share (EPS) to be in the range of $1.40 to $1.70.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:41 am

UA

UAA

Under Armour shares are trading lower after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and lowered its price target from $8 to $4.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:41 am

IPAR

Inter Parfums shares are trading higher after the company reported better-than-expected Q2 sales.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:41 am

PHM

PulteGroup shares are trading higher after the company reported better-than-expected Q2 EPS and sales.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:40 am