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ORC

Orchid Island Cap (NYSE:ORC) reported Q2 earnings of $0.35 per share, beating the analyst consensus estimate of $(0.01) by 3600 percent. This is a 120.59 percent increase over losses of $(1.70) per share from the same period last year. However, the company reported quarterly sales of $(12.96 million) which missed the analyst consensus estimate of $9.85 million by 231.62 percent, a 147.86 percent decrease over sales of $27.09 million the same period last year.

Portfolio Pulse from bharat@benzinga.com

July 27, 2023 | 8:57 pm

BAFN

BayFirst Financial (NASDAQ:BAFN) reported Q2 earnings of $0.30 per share, a 500% increase YoY. However, sales decreased by 16.99% to $21.05M compared to $25.35M in the same period last year.

Portfolio Pulse from sunil@benzinga.com

July 27, 2023 | 8:52 pm

GME

GameStop Corp. (NYSE:GME) announced the resignation of its CFO, Diana Saadeh-Jajeh, effective Aug. 11. The company stated that her departure is not due to any disagreements regarding its operations, policies, or practices. Daniel Moore will serve as the interim principal financial officer. GameStop shares closed 2.1% lower on Friday, but are still 19% higher year-to-date.

Portfolio Pulse from Piero Cingari

July 27, 2023 | 8:48 pm

F

Ford's CFO has stated that the slowdown in electric vehicle (EV) demand is due to the high cost of these vehicles, not a lack of demand. This statement suggests that the affordability of EVs is a significant factor in their market penetration.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:46 pm

SLB

A significant bullish stance has been taken on Schlumberger Limited (NYSE:SLB) as evidenced by a large position in its options. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $37.5 to $65.0 for SLB over the last 3 months. The current price of SLB is $57.02, down by 1.13%. Analysts from Morgan Stanley, Barclays, RBC Capital, and Susquehanna have given price targets ranging from $62 to $70.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:46 pm

DLTR

A large bearish position on Dollar Tree (NASDAQ:DLTR) has been noticed, with 70% of big-money traders showing bearish sentiment. The overall sentiment is split between 30% bullish and 70% bearish. Whales have been targeting a price range from $150.0 to $175.0 for Dollar Tree over the last 3 months. The price of DLTR is down -0.32% at $151.25.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:46 pm

AMSF

AMERISAFE (NASDAQ:AMSF) reported Q2 earnings of $0.73 per share, beating the analyst consensus estimate of $0.72 by 1.39%. However, the company's quarterly sales of $75.66 million missed the analyst consensus estimate of $76.20 million by 0.71%. This represents a 7.35% increase in earnings and a 11.20% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:44 pm

MTH

Meritage Homes has projected its FY23 EPS to be between $19.12 and $19.80. The company also expects to close between 13,300 and 13,800 homes during the fiscal year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:44 pm

F

Ford Motor (NYSE:F) reported Q2 revenue of $45.0 billion, up 12% YoY, beating the Street consensus estimate of $40.38 billion. EPS was 72 cents, also beating the estimate of 55 cents. Revenue by operating segment showed growth in all areas, with Ford Model E revenue up 39% YoY. The company raised its full-year adjusted EBIT to a range of $11 billion to $12 billion and free cash flow guidance to a range of $6.5 billion to $7 billion. Ford shares are up 2% in after-hours trading.

Portfolio Pulse from Chris Katje

July 27, 2023 | 8:42 pm

LTC

LTC Properties reported Q2 earnings of $0.66 per share, a 3.13% increase YoY. However, the company's quarterly sales of $31.54 million missed the analyst consensus estimate of $47.25 million by 33.26%, marking a 0.29% decrease YoY.

Portfolio Pulse from sunil@benzinga.com

July 27, 2023 | 8:41 pm