Streetbeat News

Earnings

MATX

Matson Inc (NYSE:MATX) shares surged after the company announced strong preliminary Q2 2023 results, with expected net income and EPS of $76.3 million-$81.5 million and $2.14-$2.28, respectively. The company also reported a decrease in consolidated operating income due to lower contributions from China service. During Q2, Matson repurchased approximately 0.6 million shares for a total cost of $42.4 million.

Portfolio Pulse from Shivani Kumaresan

July 21, 2023 | 4:09 pm

IBTX

Independent Bank Gr (NASDAQ:IBTX) is set to release its quarterly earnings report on 2023-07-24, with analysts estimating an EPS of $0.87. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. The stock is currently trading at $41.05, down 42.34% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:02 pm

FSBC

Five Star (NASDAQ:FSBC) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $0.66. Last quarter, the company beat EPS by $0.08, resulting in a 1.8% increase in the share price. However, the stock has been down 9.61% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:02 pm

CATY

Cathay General (NASDAQ:CATY) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $1.13. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $35.84, down 13.95% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:02 pm

SMBK

SmartFinancial (NASDAQ:SMBK) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $0.53. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.28% increase in share price. However, the stock has been generally negative over the last 52-week period, with shares down 2.34%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:02 pm

BMRC

Bank of Marin (NASDAQ:BMRC) is set to release its quarterly earnings report on 2023-07-24, with analysts estimating an EPS of $0.43. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $20.11, down 39.84% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:02 pm

APLD

Applied Digital (NASDAQ:APLD) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $-0.04. The company's past performance shows a trend of beating EPS estimates. The stock price has seen a 293.56% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:02 pm

DX

Dynex Cap (NYSE:DX) is set to release its quarterly earnings report on July 24, 2023. Analysts estimate an EPS of $0.03. The company's past performance shows a pattern of EPS misses and subsequent share price drops. The stock is currently trading at $12.56, down 21.31% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:01 pm

DPZ

Domino's Pizza (NYSE:DPZ) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $3.05. The company's past performance shows a trend of beating EPS estimates, which has sometimes resulted in a slight increase in share price. However, the stock's performance over the last 52-week period has been generally negative, with shares down 0.1%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:01 pm

BTM

DWAC

IPG

RDHL

SFBS

SIRI

SLB

U.S. stocks traded higher with the Nasdaq Composite gaining around 20 points. Schlumberger N.V. reported a 19.6% YoY increase in Q2 FY23 revenue to $8.10 billion, missing the consensus of $8.22 billion. Digital World Acquisition Corp. shares rose 56% after reaching a settlement with the SEC. ServisFirst Bancshares shares rose 14% following upbeat Q2 results. Bitcoin Depot Inc. shares gained 13% after reporting Q2 preliminary revenues and 2023 guidance. The Interpublic Group of Companies shares dropped 11% after reporting Q2 financial results. RedHill Biopharma shares were down 21% after announcing a registered direct offering. Sirius XM Holdings was down 14% after multiple firms downgraded their rating on the stock.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 4:01 pm