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Kimberly-Clark Boosts FY23 EPS Growth Outlook - Update

While reporting financial results for the first quarter on Tuesday, consumer products firm Kimberly-Clark Corp. (KMB) raised its earnings per share growth guidance for the full-year 2023, while maintaining annual sales growth outlook.

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NextEra Energy Maintains FY22 And Long Term Outlook - Update

While reporting financial results for the first quarter on Tuesday, clean energy company NextEra Energy, Inc. (NEE) maintained its adjusted earnings guidance for the full year 2023. It also reaffirmed its outlook for fiscal 2024, 2025 and 2026.

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PepsiCo Lifts FY23 View Above Market As Q1 Core EPS, Revenues Beat

Snack and beverage giant PepsiCo Inc. reported Tuesday weak profit in its first quarter, while core earnings and revenues improved and beat market estimates. Further, the company lifted fiscal 2023 forecast for core earnings per share above the Street view, as well as organic revenue growth forecast. In pre-market activity on Nasdaq, PepsiCo shares were gaining around 2 percent.

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Raytheon Technologies Reaffirms FY23 Outlook - Update

While reporting financial results for the first quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) reaffirmed its adjusted earnings outlook for the full-year 2023.

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Biogen Q1 Results Top Estimates; Reaffirms FY23 Outlook

Biotechnology company Biogen Inc. (BIIB) reported Tuesday net income attributable to the company for the first quarter of $387.9 million or $2.67 per share, higher than $303.8 million or $2.06 per share in the prior-year quarter.

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GE Swings To Profit In Q1, Results Top Estimates

Industrial conglomerate General Electric Co. (GE) reported Tuesday a net income attributable to common shareowners for the first quarter of $6.71 per share, compared to net loss of $1.08 per share in the prior-year quarter.

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Australian Dollar Lower Amid Drop In European Shares

The Australian dollar fell against its major counterparts in the European session on Tuesday amid risk aversion, as investors fretted about the outlook for economic and corporate earnings growth.

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UK Budget Logs Second Biggest March Shortfall

The UK budget deficit widened sharply to the second highest level for the month of March taking the overall borrowing for the financial year ending March 2023 to the fourth biggest on record, official data revealed Tuesday. Excluding banks, public sector net borrowing increased by GBP 16.3 billion from the previous year to GBP 21.5 billion in March, the Office for National Statistics reported.

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