Streetbeat News

Earnings

AAN

Aarons Holdings reported worse-than-expected Q2 revenue results, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:03 am

SSTK

Shutterstock reported worse-than-expected revenue results and issued FY23 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:03 am

AESI

Atlas Energy Solution (AESI) reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:03 am

HPP

SLG

SOHO

July was a strong month for office REITs, with three of the top four performers coming from this sector. Hudson Pacific Properties Inc. (NYSE:HPP), Sotherly Hotels Inc. (NASDAQ:SOHO), and SL Green Realty Corp. (NYSE:SLG) were the top three performers, with gains of 38.11%, 28.93%, and 24.13% respectively. Other strong performers included Vornado Realty Trust (NYSE:VNO), Kilroy Realty Corp. (NYSE:KRC), Empire State Realty Trust Inc. (NYSE:ESRT), Uniti Inc. (NASDAQ:UNIT), Paramount Group Inc. (NYSE:PGRE), and Boston Properties Inc. (NYSE.BXP).

Portfolio Pulse from Ethan Roberts

August 04, 2023 | 10:03 am

ARI

Apollo Commercial Real Estate Finance's shares are trading lower following the company's Q2 revenue results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:03 am

PGRE

Paramount Group reported a year-over-year decrease in Q2 EPS results and worse-than-expected Q2 revenue results, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:02 am

SXC

SunCoke Energy reported better-than-expected Q2 financial results and reaffirmed its FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:02 am

LSCC

Benchmark analyst David Williams has reiterated a Buy rating on Lattice Semiconductor Corporation (NASDAQ:LSCC), raising the price target to $105 from $95. The company's Q2 results were better than expected, demonstrating the strength of the portfolio and resilience to macro volatility. The analyst expects revenue to begin inflecting in 2024 with the ramp of Avant E earlier this year, followed by two additional product families later this year. FY23 EPS estimate is raised to $2.08 from $2.05 and FY24 EPS is expected to be $2.41.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 10:02 am

UAN

CVR Partners reported a year-over-year decrease in Q2 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:02 am

MPWR

Monolithic Power Systems Inc (NASDAQ:MPWR) reported Q2 2023 results, surpassing expectations with revenues of $441.1 million and adjusted EPS of $2.82. The company expects Q3 revenues between $464.0 million and $484.0 million. Several analysts have responded by raising their price targets for MPWR, despite a slight decrease in the stock's price.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 10:02 am