Streetbeat News

Earnings

CTO

CTO Realty Growth reported Q3 earnings of $0.48 per share, a 2.04% decrease YoY. However, the company's quarterly sales of $28.47M beat the analyst consensus estimate of $25.50M by 11.65%, marking a 23.16% increase YoY.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:53 pm

CUBI

Customers Bancorp reported Q3 earnings of $2.59 per share, beating the analyst consensus estimate of $1.59 by 62.89%. This is a 4.44% increase from the same period last year. The company also reported quarterly sales of $199.77 million, beating the analyst consensus estimate of $166.46 million by 20.01%. This is a 25.62% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:53 pm

MSBI

Midland States Bancorp (NASDAQ:MSBI) reported Q3 earnings of $0.78 per share, beating the analyst consensus estimate of $0.77 by 1.3 percent. However, this is a 25 percent decrease from the same period last year. The company also reported quarterly sales of $76.78 million, beating the analyst consensus estimate of $75.57 million by 1.60 percent, but this is a 3.84 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:52 pm

FIP

FTAI Infrastructure (NASDAQ:FIP) reported Q3 losses of $(0.55) per share, missing the analyst consensus estimate of $(0.21) by 161.9%. This is a 27.91% decrease over losses from the same period last year. The company also reported quarterly sales of $80.71 million, missing the analyst consensus estimate of $101.00 million by 20.09%. However, this is a 2.73% increase over sales from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

October 26, 2023 | 8:51 pm

PTCT

PTC Therapeutics reported Q3 2023 earnings per share (EPS) of $(1.76), missing the analyst consensus estimate of $(1.17) by 50.43%. This is a 15.03% decrease from the same period last year. The company also reported quarterly sales of $196.58 million, missing the analyst consensus estimate of $210.19 million by 6.48%, a 9.46% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 8:51 pm

CPT

Camden Property Trust has revised its full-year 2023 outlook due to higher delinquencies, and slightly lower occupancy and rent growth for the remainder of the year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:50 pm

ORC

Orchid Island Cap (NYSE:ORC) reported Q3 losses of $(1.68) per share, a 30% improvement from $(2.40) per share YoY. However, the company's quarterly sales of $(8.60 million) missed the analyst consensus estimate of $(7.62 million) by 12.83%, marking a 160.34% decrease from $14.25 million YoY.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:48 pm

WY

Weyerhaeuser has projected its FY23 Adjusted EBITDA to be approximately $310 million.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:47 pm

LTC

LTC Properties reported Q3 2023 earnings of $0.65 per share, beating the analyst consensus estimate of $0.64 by 1.56%. The company also reported quarterly sales of $49.30 million, surpassing the analyst consensus estimate of $47.98 million by 2.76%. Both earnings and sales have increased compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 8:46 pm

GSIT

GSI Technology (NASDAQ:GSIT) reported a YoY decrease in Q2 earnings per share (EPS) from $(0.13) to $(0.16) and a 36.24% decrease in sales from $8.95M to $5.71M.

Portfolio Pulse from mahesh@benzinga.com

October 26, 2023 | 8:45 pm