Streetbeat News

Earnings

GM

General Motors (NYSE:GM) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $1.85. The company's past performance shows a pattern of beating EPS estimates. However, the share price dropped by 2.1% the day after the last earnings beat. GM shares were trading at $38.55 as of July 21, with a 52-week increase of 16.98%.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:01 pm

SIRI

Sirius XM Holdings Inc (NASDAQ:SIRI) shares fell by 6.43% to $6.62 despite no company-specific news. The stock also dropped after multiple firms downgraded their rating following a rally. The company is set to report Q2 results on August 1, with earnings estimates of 7 cents per share and quarterly revenue of $2.24 billion.

Portfolio Pulse from Henry Khederian

July 24, 2023 | 1:58 pm

PEBK

Peoples Bancorp of NC (NASDAQ:PEBK) reported Q2 earnings of $0.85 per share, a 49.12% increase YoY. The company also reported sales of $20.17 million, an 8.02% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:12 pm

PEBK

Peoples Bancorp of NC (NASDAQ:PEBK) reported Q2 earnings of $0.85 per share, a 49.12% increase from $0.57 per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:09 pm

NWBI

Northwest Bancshares (NASDAQ:NWBI) reported Q2 earnings of $0.26 per share, in line with analyst consensus. However, the company's quarterly sales of $108.55 million missed the analyst consensus estimate of $110.58 million by 1.84 percent. This is an 8.26 percent increase over sales of $100.27 million the same period last year.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:03 pm

BRO

Brown & Brown, Inc. (NYSE:BRO) is expected to report higher Q2 earnings at 59 cents per share, up from 51 cents per share a year ago. The company's revenue is projected to be $997.51 million. The stock closed at $71.20 on Friday. Several analysts have recently updated their price targets for the company, with the most optimistic target at $82.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 1:03 pm

MSVB

Mid-Southern Bancorp reported Q2 earnings of $0.14 per share, a 26.32% decrease from $0.19 per share in the same period last year.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:02 pm

LIVE

Live Ventures Incorporated (NASDAQ:LIVE) has acquired Precision Metal Works, Inc. (PMW), a Kentucky-based Metal Stamping and Value-Added Manufacturing Company, for approximately $28 million. The acquisition is expected to add $75 million to Live Ventures' annual revenue and be immediately accretive to earnings. PMW's existing management team and all its employees will be retained.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 12:56 pm

LAES

WKEY

WISeKey International Holding Ltd (WKEY) reported a 39% Y/Y increase in H1 FY23 revenues to $15.1 million, with semiconductor revenue rising 38% Y/Y to $14.8 million. The company and its subsidiaries, including SEALSQ Corp (LAES), had a pipeline of IoT semiconductors products opportunities totaling $60 million in H1. SEALSQ also announced a Distribution Agreement with Symmetry Electronics to expand its North American footprint.

Portfolio Pulse from Lekha Gupta

July 24, 2023 | 12:54 pm

TOMZ

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) has announced preliminary unaudited revenue for Q2 2023, expecting approximately $2.8 million, a 90% increase compared to the same quarter in 2022. This also represents a 75% increase compared to the revenue for Q1 2023. The company attributes this growth to successful expansion and growth of sales channels and customer base.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 12:50 pm