Streetbeat News

Earnings

GL

Globe Life has increased its FY23 adjusted EPS forecast from $10.28-$10.52 to $10.37-$10.57, slightly above the consensus of $10.41.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:58 pm

CVBF

CVB Financial (NASDAQ:CVBF) reported Q2 earnings of $0.40 per share, beating the analyst consensus estimate of $0.38 by 5.26%. However, this is a 4.76% decrease from the same period last year. The company also reported quarterly sales of $132.19 million, beating the analyst consensus estimate of $120.23 million by 9.95%, but this is a 3.23% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 8:56 pm

ARR

ARMOUR Residential REIT (NYSE:ARR) reported Q2 earnings of $0.23 per share, missing the analyst consensus estimate of $0.24 by 4.17 percent. This represents a 20.69 percent decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:55 pm

MAT

Mattel Inc (NASDAQ:MAT) reported Q2 financial results, beating Street consensus estimates with net sales and earnings per share. However, North American and International segment sales were down 18% and 3% YoY respectively. The company also reported a 16% YoY decrease in American Girl segment sales. Mattel CEO Ynon Kreiz highlighted the release of the Barbie movie as a key milestone in the company's history. The company bought back $16 million in shares in Q2, bringing the six-month total to $50 million. Mattel confirmed its previous guidance for the full fiscal year.

Portfolio Pulse from Chris Katje

July 26, 2023 | 8:53 pm

EGBN

Eagle Bancorp reported Q2 earnings of $0.94 per share, beating the analyst consensus estimate of $0.68 by 38.24%. However, the company's quarterly sales of $71.81 million missed the analyst consensus estimate of $72.17 million by 0.50%. This represents a 21.67% decrease in earnings and a 13.40% decrease in sales compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 26, 2023 | 8:53 pm

EPRT

Essential Props Realty (NYSE:EPRT) reported Q2 earnings of $0.41 per share, a 7.89% increase YoY. The company's quarterly sales were $86.52 million, beating the analyst consensus estimate of $84.69 million by 2.16% and marking a 21.09% increase YoY.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 8:51 pm

TNET

TriNet has increased its FY23 adjusted EPS guidance from $5.40-$6.35 to $6.25-$7.05, surpassing the consensus estimate of $6.11.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:51 pm

OPI

Office Props IT (OPI) reported a decrease in its Q2 Normalized FFO from $1.22 YoY to $1.11.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:50 pm

GTY

Getty Realty (NYSE:GTY) reported Q2 earnings of $0.56 per share, a 5.66% increase YoY. The company's quarterly sales were $44.70 million, beating the analyst consensus estimate of $43.85 million by 1.93% and marking an 8.55% increase YoY.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 8:49 pm

TNET

TriNet Group Inc. (TNET) has projected its Q3 adjusted EPS to be between $1.25 and $1.50, which is higher than the consensus estimate of $1.19.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:48 pm