Streetbeat News

Earnings

PINE

Alpine Income Property Trust has projected its FY23 FFO to be between $1.50 and $1.53.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:19 pm

ASB

Associated Banc (NYSE:ASB) reported Q2 earnings of $0.56 per share, missing the analyst consensus estimate of $0.59 by 5.08%. The company also reported quarterly sales of $324.00 million, missing the analyst consensus estimate of $332.80 million by 2.64%. However, this represents an 11.11% increase over sales of $291.60 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:18 pm

FFBC

First Financial Bancor (NASDAQ:FFBC) reported Q2 earnings of $0.72 per share, beating the analyst consensus estimate of $0.69 by 4.35%. However, the company's quarterly sales of $212.49 million missed the analyst consensus estimate of $212.94 million by 0.21%. The earnings and sales represent a 28.57% and 27.25% increase respectively from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 20, 2023 | 8:17 pm

CCI

ELS

PLD

SLG

The Q2 2023 earnings for several bellwether REITs have been released, showing mixed results across different real estate subsectors. Equity LifeStyle Properties (ELS) reported FFO of $0.66, in line with estimates, and revenue of $370 million, missing estimates. Prologis (PLD) reported FFO of $1.83, beating estimates, and revenue of $1.65 billion, missing estimates. SL Green Realty (SLG) reported FFO of $1.43, beating estimates, and total revenue of $221.07 million, beating estimates. Crown Castle (CCI) reported FFO of $2.05, beating estimates, and revenue of $1.87 billion, beating estimates.

Portfolio Pulse from Ethan Roberts

July 20, 2023 | 8:17 pm

SFBS

Servisfirst Bancshares (NYSE:SFBS) reported Q2 earnings of $0.98 per share, beating the analyst consensus estimate of $0.89 by 10.11%. However, this is a 14.04% decrease from the same period last year. The company also reported quarterly sales of $109.83 million, beating the estimate of $105.94 million by 3.67%, but this is a 12.74% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 20, 2023 | 8:15 pm

FPH

Five Point Holdings (NYSE:FPH) reported Q2 earnings of $0.34 per share, a 585.71% increase YoY. The company also reported $21.35 million in sales, a 295.87% increase YoY.

Portfolio Pulse from totan@benzinga.com

July 20, 2023 | 8:13 pm

TFIN

Triumph Financial (NASDAQ:TFIN) reported Q2 earnings of $0.29 per share, missing the analyst consensus estimate of $0.41 by 29.27%. This is a 83.33% decrease from the same period last year. The company also reported quarterly sales of $102.96 million, missing the analyst consensus estimate of $106.16 million by 3.01%. This is a 31.17% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 20, 2023 | 8:12 pm

MGYR

Magyar Bancorp reported Q3 earnings of $0.30 per share, a 3.23% decrease from the same period last year when it reported earnings of $0.31 per share.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:12 pm

PINE

Alpine Income Prop Trust (NYSE:PINE) reported Q2 earnings of $0.37 per share, a decrease of 21.28% YoY. However, the company's quarterly sales of $11.44 million beat the analyst consensus estimate of $11.20 million by 2.13%, marking a 1.41% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:12 pm

WRB

WR Berkley (NYSE:WRB) reported Q2 adjusted earnings of $1.14 per share, beating the analyst consensus estimate of $1.10 by 3.64%. This is a 1.79% increase from the same period last year. However, the company's quarterly sales of $2.995 billion missed the analyst consensus estimate of $3.00 billion by 0.17%, despite being a 19.18% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:12 pm