Streetbeat News

Earnings

TWO

Two Harbors Inv (NYSE:TWO) is set to release its quarterly earnings report on July 31, 2023. Analysts estimate an EPS of $0.56. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $13.61, down 86.41% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 9:01 pm

TBNK

Territorial Bancorp reported Q2 earnings of $0.23 per share, beating the analyst consensus estimate of $0.20 by 15 percent. However, this is a 50 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 8:32 pm

DMTTF

UK-based Small Pharma (OTCQB:DMTTF) reported a 30% quarterly cash outflow, with cash on hand as of May 31, 2023, at approximately $9.9 million. The company expects its operational restructuring to reduce cash burn in upcoming quarters. Small Pharma's DMT assets SPL026 and SPL028 are undergoing clinical trials, with combined data potentially enabling an expedited path for a multi-site Phase 2 study for SPL028 in 2024. The company's IP portfolio has grown significantly, with 26 patents granted and 95 applications pending.

Portfolio Pulse from Lara Goldstein

July 28, 2023 | 8:28 pm

PDLB

Ponce Finl Gr (NASDAQ:PDLB) is set to report its Q2 2023 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 8:25 pm

FNCB

FNCB Bancorp has reported a Q2 earnings per share of $0.14, marking a 51.72% decrease from the same period last year when it was $0.29.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 8:15 pm

MSEX

Middlesex Water (NASDAQ:MSEX) reported Q2 earnings of $0.56 per share, missing the analyst consensus estimate of $0.60 by 6.67%. However, this represents a 12% increase over earnings from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 8:14 pm

BAC

BANC

GOOG

INTC

JPM

META

MSFT

The Dow Jones broke a 13-day winning streak, but ended the week up 0.65%. The Fed raised interest rates to 5.25%-5.5%, the highest level since 2001. Big Tech companies released earnings, with Microsoft (MSFT) shares falling due to slowed Azure growth, Alphabet (GOOG) shares rising after beating revenue estimates, Meta (META) shares increasing after beating earnings estimates, and Intel (INTC) shares climbing despite a revenue drop. Banc of California (BANC) announced a merger with PacWest Bancorp (PACW), causing its shares to soar. Bank of America (BAC) and JP Morgan Chase (JPM) shares slid after a proposal to raise capital requirements for big banks.

Portfolio Pulse from Natan Ponieman

July 28, 2023 | 8:06 pm

HMST

HomeStreet (NASDAQ:HMST) reported Q2 earnings of $0.17 per share, missing the analyst consensus estimate of $0.19 by 10.53 percent. This represents a 81.91 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 8:06 pm

PXS

Pyxis Tankers (NASDAQ:PXS) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $0.23. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $3.69 as of July 27, with a 27.0% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 8:01 pm

STLA

Stellantis shares are experiencing an upward trend following the company's recent positive earnings report.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 7:50 pm