Streetbeat News

Earnings

HXL

Hexcel (NYSE:HXL) reported Q3 earnings of $0.38 per share, missing the analyst consensus estimate of $0.43 by 11.63%. The company also reported quarterly sales of $419.50 million, missing the analyst consensus estimate of $427.28 million by 1.82%. However, both earnings and sales show an increase of 15.15% and 15.03% respectively over the same period last year.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:15 pm

CCNE

CNB Financial (NASDAQ:CCNE) reported Q3 earnings of $0.60 per share, beating the analyst consensus estimate of $0.55 by 9.09%. However, this is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $47.24 million, beating the estimate of $45.35 million by 4.16%, but this is a 5.35% decrease from last year.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:15 pm

WASH

Washington Trust Bancorp (NASDAQ:WASH) reported Q3 earnings of $0.65 per share, a decrease of 39.81% YoY. The company's quarterly sales were $33.75 million, beating the analyst consensus estimate of $33.60 million by 0.45%, but representing a 19.72% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:13 pm

ARE

Alexandria Real Estate (NYSE:ARE) reported Q3 AFFO per share of $2.26, up 6.1% YoY, but missed sales estimates by 1.13%, reporting $713.79M against the expected $721.98M. This is an 8.17% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:11 pm

RLI

RLI Corp. (NYSE:RLI) reported a 22% increase in its Q3 earnings per share (EPS), rising from $0.50 last year to $0.61 this year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:11 pm

CLF

Cleveland-Cliffs (NYSE:CLF) reported Q3 earnings of $0.54 per share, beating the analyst consensus estimate of $0.43 by 25.58%. This is an 86.21% increase from the same period last year. The company also reported quarterly sales of $5.61 billion, beating the analyst consensus estimate of $5.58 billion by 0.45%, but a 0.85% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:11 pm

WRB

WR Berkley reported Q3 earnings of $1.35 per share, beating the analyst consensus estimate of $1.18 by 14.41%. This is a 33.66% increase from the same period last year. However, the company's quarterly sales of $3.03 billion missed the analyst consensus estimate of $3.07 billion by 1.28%, though it's an 11.26% increase from last year.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:11 pm

CCK

Crown Holdings expects its adjusted free cash flow to be approximately $500 million after around $900 million of capital expenditures.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:10 pm

TBI

TrueBlue reported Q3 earnings of $0.16 per share, missing the analyst consensus estimate of $0.23 by 30.43%. This is a 78.67% decrease from the same period last year. The company also reported quarterly sales of $473.00 million, missing the analyst consensus estimate of $488.94 million by 3.26%, a 17.84% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:10 pm

CCK

Crown Holdings has projected its Q4 2023 adjusted EPS to be between $1.40 and $1.50, lower than the estimated $1.58. The company also expects its FY23 adjusted EPS to be between $6.00 and $6.10, lower than the estimated $6.20.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:09 pm