Streetbeat News

Earnings

NKSH

National Bankshares reported Q2 earnings of $0.66 per share, missing the analyst consensus estimate of $0.73 by 9.59%. The company's quarterly sales were $12.01 million, missing the estimate of $12.70 million by 5.45%. Both earnings and sales have decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 9:01 pm

CSX

CSX Corporation's Q2 earnings report showed a 2% decrease in earnings per share and a 3.01% decrease in sales compared to the same period last year. The company attributed the revenue decline to lower fuel recovery, pricing declines in export coal, and lower intermodal volume. However, gains in merchandise pricing and volume, as well as higher coal volumes, helped offset these decreases. Despite the mixed results, CSX shares fell by 3.95% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

July 20, 2023 | 8:54 pm

ALTG

Alta Equipment has reported its preliminary Q2 results, expecting revenue to be between $462.0M and $472.0M. This is above the consensus estimate of $458.48M.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:53 pm

TXN

A significant amount of unusual options activity has been observed for Texas Instruments (NASDAQ:TXN), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $160.0 to $200.0 for Texas Instruments over the last 3 months. The current price of TXN is down -2.04% at $179.92, and RSI indicators suggest the stock may be approaching overbought. The next earnings are expected to be released in 5 days.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 8:46 pm

COF

Capital One Financial Corp (NYSE:COF) reported mixed Q2 results, with a 1% YoY increase in revenue to $9.01 billion, missing the consensus estimate of $9.12 billion. However, earnings per share of $3.52 beat estimates of $3.22. Non-interest expenses and provision for credit losses decreased, while period-end credit card loans increased. The company's shares traded slightly lower in the after-hours session.

Portfolio Pulse from Adam Eckert

July 20, 2023 | 8:43 pm

CSTR

CapStar Finl Hldgs (NASDAQ:CSTR) reported Q2 earnings of $0.37 per share, beating the analyst consensus estimate of $0.35 by 5.71%. However, this is a 17.78% decrease from the same period last year. The company's quarterly sales were $28.80 million, missing the analyst consensus estimate of $29.41 million by 2.07%, and marking a 5.00% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:43 pm

HMN

Horace Mann Educators Corporation (HMN) expects Q2 2023 core EPS to be between $0.01 and $0.03 due to strong performance of its Worksite and Life & Retirement businesses offsetting the impact of increased weather activity. Catastrophe losses are expected to be between $41M and $43M, pre-tax. The company's longer-term outlook remains largely unchanged due to the accelerating impact of P&C rate actions and the growing significance of its new Worksite business. Full-year 2023 EPS guidance now reflects an increase in the full-year catastrophe loss estimate to $95M to $100M.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 8:41 pm

CCNE

CNB Financial (NASDAQ:CCNE) reported Q2 earnings of $0.61 per share, missing the analyst consensus estimate of $0.64 by 4.69%. This is a 28.24% decrease from the same period last year. However, the company reported quarterly sales of $47.26 million, beating the analyst consensus estimate of $47.15 million by 0.23%. This is a 2.07% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:38 pm

LOAN

Manhattan Bridge Capital (NASDAQ:LOAN) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.11 by 9.09%. The company's sales for the quarter were $2.40 million, a 13.32% increase from $2.12 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:36 pm

CZNC

Citizens & Northern (NASDAQ:CZNC) reported Q2 earnings of $0.39 per share, beating the analyst consensus estimate of $0.37 by 5.41 percent. However, this is a 18.75 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:36 pm