Streetbeat News

Earnings

ALX

Alexander's (NYSE:ALX) reported a decrease in Q2 FFO per share from $4.32 last year to $3.55 this year, a 17.82% decrease. However, the company beat sales estimates with $53.67M, a 1.46% increase over the consensus estimate of $52.90M and a 7.73% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:54 pm

CAMT

Camtek Ltd. reported a Q2 FY23 revenue decline of 7.3% YoY to $73.758 million, beating the consensus of $72.380 million. Non-GAAP EPS of $0.45 beat the consensus of $0.42. The non-GAAP gross margin contracted 290 bps to 48% as the non-GAAP profit declined by 12.6%. The company expects Q3 revenues to be $77 million-$79 million, with continued growth in Q4 and 2024. CAMT shares are trading lower by 3.38% premarket to $45.69.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2023 | 12:43 pm

BTCUSD

COIN

ETHUSD

ON

WDC

WMT

The Fear & Greed Index remains in the 'Extreme Greed' zone after the Dow records 3 weeks of gains. Stocks to watch include ON Semiconductor and Western Digital. The SEC reportedly wanted Coinbase to delist all but Bitcoin. Elon Musk hints at Dogecoin payments on his platform. Ethereum celebrates its 8th anniversary. In politics, a Republican congressman faces charges in a crypto scam. In the economy, the impact of inflation on jobs is discussed. In the EV sector, an Uber backup driver admits guilt in an autonomous car death. In communication, Elon Musk's X could soon silence replies from blocked users. In the industrial sector, AerCap is likely to post higher Q2 earnings. In the consumer sector, Walmart buys out Tiger Global's stake in India's Flipkart.

Portfolio Pulse from Akanksha Bakshi

July 31, 2023 | 12:32 pm

SILC

Silicom's shares are trading lower following the company's announcement of lower-than-expected Q2 results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:25 pm

AER

AerCap Holdings N.V. (NYSE:AER) reported a 10% YoY growth in total lease revenue for Q2 FY23, reaching $1.72 billion, but missed the analyst consensus of $1.82 billion. The company's total revenues and other income rose 15% to $1.92 billion. Adjusted EPS of $2.56 beat the analyst consensus of $2.06. AerCap also announced a new share repurchase program authorizing total repurchases of up to $500 million of its ordinary shares through December 31, 2023. The company raised the FY23 adjusted EPS guidance to $8.50-$9.00.

Portfolio Pulse from Shivani Kumaresan

July 31, 2023 | 12:25 pm

ON

ON Semiconductor Corp reported positive Q2 results and an optimistic Q3 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:21 pm

SILC

Silicom Ltd has projected its Q3 revenue to be between $30M-$31M, which is significantly lower than the estimated $44.06M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:18 pm

SILC

Silicom reported Q2 earnings of $0.66 per share, a decrease of 5.71% YoY. The company's quarterly sales were $38.13 million, missing the analyst consensus estimate of $38.76 million by 1.63%. However, this is an 11.64% increase over sales of $34.15 million from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:17 pm

SPCB

SuperCom reported Q2 earnings of $0.07 per share, a 114% increase YoY. The company's quarterly sales were $7.75 million, beating the analyst consensus estimate of $4.60 million by 68.43% and marking a 140.77% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:13 pm

OXLC

Oxford Lane Capital (NASDAQ:OXLC) reported a decrease in Q1 earnings per share from $0.55 last year to $0.43 this year, a 21.82% decrease. However, the company's sales increased by 11.02% from $63.50 million to $70.50 million over the same period.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:05 pm