Streetbeat News

Earnings

RMBS

Rambus reported Q3 earnings of $0.51 per share, meeting expectations but showing a 45.16% decrease from last year. Sales were $146.77M, slightly missing the $147.33M estimate but up 39.39% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:00 pm

GPN

PYPL

SQ

PayPal is set to release its Q3 earnings, with analysts expecting a 17.7% drop in EPS but a 6.6% rise in revenue. Despite competition from Apple, Block, and X, analysts see potential upside due to PayPal's strategic moves in AI, BNPL, and emerging markets.

Portfolio Pulse from Anthony Noto

October 28, 2024 | 8:57 pm

VFC

VF Corp reported Q2 earnings with revenue and EPS beating estimates. Despite a 6% YoY revenue decline, the company is on track with cost reductions and debt reduction. Q3 revenue guidance is below estimates, but the company maintains its full-year cash flow outlook. Shares rose 16.85% in after-hours trading.

Portfolio Pulse from Adam Eckert

October 28, 2024 | 8:54 pm

GABC

German American Bancorp reported Q3 earnings per share of $0.71, slightly surpassing the analyst estimate of $0.70. However, this represents a 2.74% decline from the previous year's earnings of $0.73 per share.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:49 pm

BWFG

Bankwell Financial Group reported Q3 2024 earnings per share of $0.24, significantly beating the expected loss of $0.08. However, their sales of $21.873 million slightly missed the $22.165 million estimate and were down 6.83% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:49 pm

AESI

Atlas Energy Solutions reported a significant drop in Q3 2024 earnings per share to $0.04 from $0.51 YoY, with sales of $304.434M missing estimates by 1.25%. Despite the earnings drop, sales increased by 93.15% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:41 pm

CSR

Center (NYSE:CSR) has adjusted its FY2024 FFO guidance to a range of $4.82-$4.90, slightly narrowing from the previous range of $4.78-$4.92, and aligning closely with the analyst estimate of $4.85.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:39 pm

SEVN

Seven Hills Realty Trust (NASDAQ:SEVN) reported Q3 earnings of $0.36 per share, beating estimates of $0.35, and sales of $8.86M, surpassing the $8.30M estimate. However, both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:39 pm

CSR

Centerspace (NYSE:CSR) reported Q3 2024 earnings per share of $1.18, slightly beating the estimate of $1.17, but sales of $65.025M missed the $67.621M estimate. Earnings decreased by 1.67% from last year, while sales increased by 0.71%.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:38 pm

ISPO

Inspirato (NASDAQ:ISPO) reported Q3 2024 results with an adjusted EPS of $(1.34), missing estimates by 0.75%, but sales of $69.114M beat expectations by 2.82%. However, sales decreased by 16.32% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:36 pm