Streetbeat News

Stock Prices

FLIC

First of Long Island (NASDAQ:FLIC) reported Q3 2023 earnings of $0.30 per share, beating the analyst consensus estimate of $0.24 by 25%. However, this is a 45.45% decrease from the same period last year. The company also reported quarterly sales of $23.68 million, beating the estimate of $23.33 million by 1.48%, but this is a 28.91% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

October 26, 2023 | 9:06 pm

COUR

Coursera Inc's Q3 financial results beat estimates, with revenues of $165.54 million and a loss of 1 cent per share. Revenues were up 21% YoY, with consumer revenue up 27%, enterprise revenue up 14%, and degrees revenue up 13%. The company raised its full-year outlook and expects Q4 revenue to be between $161 million and $165 million. Coursera's shares were up 16.30% in after-hours trading.

Portfolio Pulse from Adam Eckert

October 26, 2023 | 9:03 pm

F

A Ford executive has stated that the growth of electric vehicles (EVs) is slower than expected, and there is currently significant downward pressure on EV prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:02 pm

ARLP

Alliance Res Partners (NASDAQ:ARLP) is set to release its latest quarterly earnings report on October 27, 2023. Analysts estimate an earnings per share (EPS) of $1.28. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. However, the stock has seen a 5.53% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 9:00 pm

ORC

Orchid Island Cap (NYSE:ORC) reported Q3 2023 losses of $0.28 per share, missing the analyst consensus estimate of $0.22 by 27.27%. This is an increase in losses of 88.33% from the same period last year. The company also reported quarterly sales of $8.60 million, missing the analyst consensus estimate of $7.62 million by 12.83%. This is a decrease in sales of 160.34% from the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 9:00 pm

WKC

World Kinect (NYSE:WKC) reported Q3 earnings of $0.58 per share, meeting analyst consensus. This is a 13.43% decrease from last year. Quarterly sales were $12.25 billion, beating the analyst consensus of $12.03 billion by 1.79%. This is a 21.81% decrease from last year.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:59 pm

QQQ

SPY

TLT

The ongoing Israeli-Hamas conflict has led to a drop in President Biden's approval rating and the deployment of 900 additional US troops to the Middle East. Amid this, US stocks have hit a 5-month low, with the S&P 500 Index and tech stocks underperforming. Investors have turned to bonds, leading to a rally in the iShares 20+ Year Treasury Bond ETF.

Portfolio Pulse from Piero Cingari

October 26, 2023 | 8:58 pm

PII

Polaris has announced a $1B share repurchase authorization, effective immediately. This is in addition to the previous share repurchase authorization announced in April 2021, which has approximately $204 million remaining. So far, Polaris has repurchased 1.4 million shares this year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:57 pm

INTC

Intel Corporation reported Q3 earnings per share of 41 cents, beating the estimate of 22 cents per share. It also reported revenue of $14.2 billion, topping the $13.532 billion estimate. The company's Mobileye business unit reported Q3 revenue of $530 million, up 18% YoY. Intel expects Q4 earnings per share of 44 cents, higher than the estimate of 30 cents, and revenue between $14.6 billion and $15.6 billion, higher than the $13.53 billion estimate. Shares of INTC were up 6.06% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

October 26, 2023 | 8:55 pm

EBC

Eastern Bankshares (NASDAQ:EBC) reported Q3 2023 earnings of $0.32 per share, beating the analyst consensus estimate of $0.28 by 14.29%. However, this is a 5.88% decrease from the same period last year. The company also reported quarterly sales of $156.36 million, surpassing the analyst consensus estimate of $140.33 million by 11.42%, but this is a 20.03% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 8:54 pm