Streetbeat News

Earnings

RLI

RLI Corp (NYSE:RLI) is set to release its quarterly earnings report on July 24, 2023. Analysts estimate an EPS of $1.19. Last quarter, RLI beat EPS estimates by $0.41, leading to a 9.34% increase in share price the next day. The company's shares were trading at $138.07 as of July 20, with a 52-week increase of 22.31%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:02 pm

RRC

Range Resources (NYSE:RRC) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $0.25. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. Shares of Range Resources were trading at $30.2 as of July 20, with a 52-week return of -5.09%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:01 pm

DWAC

MCB

SASI

SFBS

Several stocks experienced significant movement in Friday's mid-day session. Notable gainers include Digital World Acquisition Corp. (DWAC), which jumped 69% after reaching a settlement with the SEC, and ServisFirst Bancshares, Inc. (SFBS), which rose 17.3% following positive Q2 results. On the other hand, Sigma Additive Solutions, Inc. (SASI) fell 34.6%, and Metropolitan Bank Holding Corp. (MCB) dipped 9.3% following weak quarterly results.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 5:01 pm

CADE

Cadence Bank (NYSE:CADE) is set to release its quarterly earnings report on Monday, 2023-07-24, with analysts estimating an EPS of $0.67. The bank's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. The bank's shares were trading at $22.64 as of July 20, with a 52-week return of -8.32%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:01 pm

NBN

Northeast Bank (NASDAQ:NBN) is set to release its quarterly earnings report on Monday, 2023-07-24, with an estimated EPS of $1.55. The bank's past performance shows a trend of beating EPS estimates, which has led to subsequent increases in share price. The bank's shares are currently trading at $45.79, up 16.32% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:01 pm

KREF

KKR Real Estate Finance (NYSE:KREF) is set to release its latest quarterly earnings report on July 24, 2023. Analysts estimate an earnings per share (EPS) of $0.26. The company's past performance shows a trend of share price drops following earnings beats. The stock is currently trading at $12.92, down 31.7% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:01 pm

CYH

Community Health Systems (CYH) has seen a significant increase in the volume of its August 18 $6 call options, with 1856 contracts traded at $0.15, compared to an open interest of 65 contracts. The company is set to announce its earnings on August 2, after market close. The reference price is $4.35.

Portfolio Pulse from Charles Gross

July 21, 2023 | 4:45 pm

UAL

United Airlines' shares are trading higher after several firms increased their price target on the stock following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 4:34 pm

FPH

Five Point Holdings reported a year-over-year increase in Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 4:23 pm

BTM

Bitcoin Depot Inc (NASDAQ:BTM) shares are rising after the company reported preliminary Q2 results and provided 2023 guidance. The company expects Q2 revenues of $196 million-$198 million, an increase of 17%-18% Y/Y. For 2023, BTM expects revenue of $700 million-$730 million, growth of 8%-13% Y/Y, and adjusted EBITDA of $56 million-$59 million, up 37%-44% Y/Y. The company will release Q2 results on August 14, 2023.

Portfolio Pulse from Lekha Gupta

July 21, 2023 | 4:18 pm