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HPP

Hudson Pacific Properties (NYSE:HPP) reported Q3 2023 earnings of $0.18 per share, a 65.38% decrease YoY. The company's quarterly sales were $231.44 million, missing the analyst consensus estimate of $238.37 million by 2.91%. This represents an 11.10% decrease in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

November 01, 2023 | 9:13 pm

FROG

JFrog has projected its Q4 2023 adjusted EPS to be between $0.12 and $0.13, higher than the estimated $0.08. The company also expects its revenue to be between $92.5M and $93.5M, roughly in line with the estimated $92.93M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:12 pm

GAIN

Gladstone Inv (NASDAQ:GAIN) reported Q2 2024 earnings of $0.24 per share, missing the analyst consensus estimate of $0.26 by 7.69%. This is a 17.24% decrease from the same period last year. The company also reported quarterly sales of $20.28 million, missing the analyst consensus estimate of $22.50 million by 9.88%, a 2.49% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

November 01, 2023 | 9:11 pm

SEDG

SolarEdge Technologies Inc reported a significant decline in Q3 earnings and worse-than-expected revenue results, causing its shares to trade lower. The company's Q3 revenue was $725.3 million, down 27% YoY and below estimates of $768.38 million. It reported a quarterly loss of 55 cents per share, well below the 91 cents in earnings from last year. The company expects Q4 revenue to be in the range of $300 million to $350 million, far less than the $692 million estimate.

Portfolio Pulse from Adam Eckert

November 01, 2023 | 9:11 pm

AYRWF

GLASF

TRSSF

The cannabis market experienced significant volatility in October, with multi-state operators (MSOs) seeing an average share performance drop of 27%. However, Tier-2 MSOs, including TerrAscend Corp (OTC:TRSSF), Glass House Brands Inc (OTCQX:GLASF), and Ayr Wellness (OTC:AYRWF), outperformed the market with a 4% YTD increase. Analyst Scott Fortune attributes the market turbulence to global and domestic challenges and emphasizes the need for federal reform. He views the current low valuations as a favorable buying opportunity.

Portfolio Pulse from Patricio Liddle

November 01, 2023 | 9:10 pm

DASH

DoorDash has released its Q4 2023 projections, expecting a marketplace Gross Order Value (GOV) between $17B and $17.4B. The company also anticipates an adjusted EBITDA of $320M to $380M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:10 pm

APA

APA Corporation expects its total production for Q4 to be slightly lower than Q3.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:09 pm

TLT

The Federal Reserve has decided to keep the federal funds rate within the range of 5.25% to 5.5%, marking the second consecutive rate pause. Fed Chair Jerome Powell dismissed speculations of rate cuts but suggested a cautious approach to further rate hikes. Economists and market participants are uncertain about the Fed's next moves. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) rose 1.8% following the Fed's decision.

Portfolio Pulse from Piero Cingari

November 01, 2023 | 9:09 pm

RGR

Sturm Ruger & Co (NYSE:RGR) reported Q3 2023 earnings of $0.42 per share, missing the analyst consensus estimate of $0.87 by 51.72%. This is a 59.22% decrease from the same period last year. The company also reported quarterly sales of $120.89 million, missing the analyst consensus estimate of $137.42 million by 12.03%. This is a 13.27% decrease from the same period last year.

Portfolio Pulse from saritha@benzinga.com

November 01, 2023 | 9:05 pm

AFG

American Financial Group (NYSE:AFG) reported Q3 adjusted earnings of $2.45 per share, missing the analyst consensus estimate of $2.47 by 0.81%. However, the company's quarterly sales of $1.85 billion beat the analyst consensus estimate of $1.65 billion by 12.42%. This represents a 9.37% increase in earnings and a 4.98% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:05 pm