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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

CR

Crane Holdings (NYSE:CR) reported Q3 earnings of $1.03 per share, beating the analyst consensus estimate of $0.87 by 18.39%. However, this is a 44.62% decrease from the same period last year. The company also reported quarterly sales of $530.00 million, beating the analyst consensus estimate of $509.19 million by 4.09%, but this is a 34.98% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:16 pm

MLM

Martin Marietta Materials's (NYSE:MLM) short percent of float has fallen 23.08% since its last report, with 542 thousand shares sold short, which is 1.0% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, MLM has less short interest as a percentage of float, with an average of 1.74%.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:15 pm

SGEN

Seagen's (NYSE:SGEN) short percent of float has risen 11.51% since its last report, with 7.48 million shares sold short, which is 5.33% of all regular shares available for trading. It would take traders 5.38 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Seagen's peer group average for short interest as a percentage of float is 3.58%, indicating the company has more short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:15 pm

FDX

FedEx's (NYSE:FDX) short percent of float has fallen 7.08% since its last report, with 2.43 million shares sold short, which is 1.05% of all regular shares available for trading. It would take traders 1.77 days to cover their short positions on average. FedEx's peer group average for short interest as a percentage of float is 3.39%, indicating that the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:15 pm

CCNE

CNB Financial (NASDAQ:CCNE) reported Q3 earnings of $0.60 per share, beating the analyst consensus estimate of $0.55 by 9.09%. However, this is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $47.24 million, beating the estimate of $45.35 million by 4.16%, but this is a 5.35% decrease from last year.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:15 pm