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The article discusses value stocks in the real estate sector, highlighting five companies: Seven Hills Realty Trust, Landsea Homes, Franklin BSP Realty Trust, IRSA Inversiones y, and Ready Capital. These companies have been identified as undervalued based on their low P/E multiples. The article also provides Q2 earnings per share and dividend yield data for these companies.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:39 pm

ABSI

Absci (NASDAQ:ABSI) reported Q2 adjusted losses of $(0.22) per share, beating the analyst consensus estimate of $(0.24) by 8.33%. This is a 31.25% increase over losses from the same period last year. The company also reported quarterly sales of $3.37 million, beating the analyst consensus estimate of $2.44 million by 37.99%, a 236.03% increase over sales from the same period last year.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 2:33 pm

TIL

Instil Bio (NASDAQ:TIL) reported Q2 losses of $(0.11) per share, beating the analyst consensus estimate of $(0.16) by 31.25%. This represents a 76.09% increase over losses of $(0.46) per share from the same period last year.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 2:31 pm

IMPP

Imperial Petroleum Inc's (NASDAQ:IMPP) shares are trading lower by 4.0% to $1.56 after the company announced the pricing of approximately $17 million of its units in a registered direct offering at a price of $2 per unit. The stock is lower by 40% since Friday's open. The company also reported Q2 earnings of $1.46 per share and $59.04 million in sales, a 420% increase over the same period last year.

Portfolio Pulse from Henry Khederian

August 14, 2023 | 2:15 pm

MEDIF

MediPharm Labs Corp. reported Q2 2023 financial results, with revenue of CA$9.58 million, up from CA$4.36 million in the same period last year. The company also reported a gross profit of CA$855,000, an adjusted EBITDA loss of CA$3.19 million, and a net loss of CA$2.7 million. MediPharm completed its first commercial delivery to the US and closed the acquisition of VIVO Cannabis Inc. Despite these achievements, the company's shares were trading 7.97% lower.

Portfolio Pulse from Nina Zdinjak

August 14, 2023 | 2:13 pm

CCHWF

CRLBF

Columbia Care Inc. released its Q2 2023 financial results, revealing $129.2 million in revenue, a 3.8% sequential increase but a 0.3% decrease from the same period last year. The company's gross profit was $52.1 million, up from $47 million in the prior quarter. The company also reported a net loss of $29 million, an improvement from the $36.6 million net loss in the prior period. The company and Cresco Labs Inc. mutually terminated a deal under which Cresco agreed to acquire all of the issued and outstanding shares of Columbia Care. Columbia Care's shares traded 0.7624% higher at $0.4282 per share at the market close on Friday.

Portfolio Pulse from Jelena Martinovic

August 14, 2023 | 2:05 pm

ESLT

Elbit Systems (NASDAQ:ESLT) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $1.53. Last quarter, the company missed EPS by $0.03, which was followed by a 0.39% increase in the share price. Shares of Elbit Systems were trading at $209.18 as of August 11, with a 52-week return of -6.81%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:01 pm

TME

Tencent Music Enter Gr (NYSE:TME) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $0.14. The company's past performance shows it beat EPS by $0.02 last quarter, leading to an 8.34% increase in share price the next day. Shares of Tencent Music Enter Gr were trading at $6.09 as of August 11, with a 27.3% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:00 pm

SE

Sea (NYSE:SE) is set to release its latest quarterly earnings report on August 15, 2023. Analysts estimate an earnings per share (EPS) of $0.42. Last quarter, the company missed EPS by $0.04, resulting in a 0.08% drop in share price. Sea's shares were trading at $57.62 as of August 11, with a 27.33% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:00 pm

CAH

Cardinal Health (NYSE:CAH) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $1.49. The company's past performance shows a trend of beating EPS estimates and subsequent increases in share price. Shares of Cardinal Health were trading at $92.38 as of August 11, with a 52-week increase of 32.33%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:00 pm