Streetbeat News

Earnings

CALB

California Bancorp (NASDAQ:CALB) reported Q2 earnings of $0.65 per share, beating the analyst consensus estimate of $0.61 by 6.56%. This is a 27.45% increase from the same period last year. However, the company's quarterly sales of $19.78 million missed the analyst consensus estimate of $20.10 million by 1.59%, though it's a 12.28% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:08 pm

CVLY

Codorus Valley Bancorp reported Q1 earnings of $0.73 per share, a 128.13% increase YoY. The company also reported $24.54 million in sales, a 25.42% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:08 pm

FLIC

First of Long Island (NASDAQ:FLIC) reported Q2 earnings of $0.31 per share, in line with analyst consensus. However, this is a 42.59% decrease from the same period last year. The company's quarterly sales of $24.52 million missed the analyst consensus estimate of $25.01 million by 1.95%, marking a 25.05% decrease from last year.

Portfolio Pulse from sunil@benzinga.com

July 27, 2023 | 9:07 pm

USCB

USCB Financial Holdings reported Q2 earnings of $0.21 per share, missing the analyst consensus estimate of $0.24 by 12.5%. This is a 19.23% decrease from the same period last year. The company also reported quarterly sales of $16.02 million, missing the analyst consensus estimate of $17.59 million by 8.93%. This is a 7.18% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 27, 2023 | 9:07 pm

RBKB

Rhinebeck Bancorp (NASDAQ:RBKB) reported a decrease in Q2 earnings per share (EPS) from $0.18 last year to $0.13 this year, marking a 27.78% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:06 pm

FRST

Primis Finl (NASDAQ:FRST) reported Q2 losses of $(0.01) per share, missing the analyst consensus estimate of $0.25 by 104 percent. This represents a 105 percent decrease over earnings of $0.20 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:06 pm

LYV

Live Nation Entertainment (NYSE:LYV) reported a record-breaking Q2 with revenues of $5.63 billion, up 27% YoY, beating the Street consensus estimate of $4.95 billion. Earnings per share were $1.02, also ahead of the Street consensus estimate of 63 cents. The company saw growth across concerts, ticketing, and sponsorship/advertising segments. The company's CEO, Michael Rapino, attributed the strong performance to global demand and a diverse pipeline of artists. The impact of Taylor Swift's record-breaking concert tour was also a likely contributing factor.

Portfolio Pulse from Chris Katje

July 27, 2023 | 9:03 pm

MTX

Minerals Technologies (NYSE:MTX) reported Q2 earnings of $1.31 per share, beating the analyst consensus estimate of $1.26 by 3.97%. However, this is a 12.67% decrease from the same period last year. The company's quarterly sales were $551.50 million, missing the analyst consensus estimate of $567.07 million by 2.75%, and a 0.99% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:03 pm

PFSI

PennyMac Financial Servs (NYSE:PFSI) reported Q2 earnings of $1.11 per share, missing the analyst consensus estimate of $1.49 by 25.5%. This is a 51.32% decrease from the same period last year. The company also reported quarterly sales of $336.55 million, missing the analyst consensus estimate of $396.17 million by 15.05%. This is a 34.21% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 9:02 pm

OVV

Ovintiv (NYSE:OVV) reported Q2 earnings per share (EPS) of $1.34, with net earnings of $336 million. The earnings included net gains on risk management of $147 million, before tax.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:01 pm