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DHC

Diversified Healthcare Trust (DHC) has provided an update on its Senior Housing Operating Portfolio (SHOP) for September 2023. The occupancy was 79.4%, 660 basis points below September 2019, but 10 basis points above August 2023. The Resident Fees and Services revenue was $96.1 million, 4.0% below September 2019, but 1.5% above August 2023. The net operating income (NOI) was $8.8 million, 40.0% below September 2019, but 66.4% above August 2023.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:28 pm

RBB

RBB Bancorp reported Q3 earnings of $0.63 per share, a 27.59% decrease YoY. However, the company's quarterly sales of $35.30 million beat the analyst consensus estimate of $32.43 million by 8.85%, despite being a 14.97% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:26 pm

TBI

TrueBlue's shares are trading lower following the company's Q3 financial results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:22 pm

SSD

Simpson Manufacturing Company has projected its capital expenditures for FY23 to be around $100 million. The company also expects its operating margin to be between 22.0% and 22.5%.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:21 pm

IPAR

Inter Parfums, Inc. (NASDAQ GS: IPAR) reported a record Q3 2023 net sales of $368 million, a 31% increase from $280 million in Q3 2022. The company's European based product sales grew by 18% and US based product sales by 64%. The growth was attributed to strong market conditions, new product launches, brand extensions, and popularity of legacy scents. The company's full-year 2023 guidance will be announced with the Q3 2023 consolidated results.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:21 pm

NBN

Northeast Bank (NASDAQ:NBN) reported Q1 earnings of $2.01 per share, beating the analyst consensus estimate of $1.56 by 28.85%. This is a 79.46% increase from the same period last year. The company also reported quarterly sales of $37.90 million, beating the analyst consensus estimate of $34.01 million by 11.45%. This is a 49.77% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:20 pm

RDFN

Redfin announced that funds managed by Apollo Capital Management have agreed to commit up to $250 million of financing for the company. This has led to a rise in Redfin's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:20 pm

RDFN

Redfin announced that funds managed by Apollo Capital Management have agreed to commit up to $250 million of financing for the company. This news has led to a decrease in Redfin's share price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:20 pm

HXL

Hexcel Corporation has reaffirmed its FY23 guidance, expecting EPS of $1.80-$1.94 and revenue of $1.765B-$1.835B, slightly below estimates. The company also anticipates a free cash flow of over $110 million and capital expenditures of about $130 million. The estimated tax rate is reduced to 21% from 23%.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:17 pm

CDNS

Cadence Design System reported Q3 financial results and issued guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:17 pm