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FDMT

4D Molecular Therapeutics (NASDAQ:FDMT) has received six bullish analyst ratings in the last quarter, with an average price target of $33.67, indicating a potential upside from the current price of $18.3. The average price target has increased by 16.1% over the past month.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 9:23 pm

CSR

Centerspace has increased its 2023 core FFO per share outlook from $4.27-$4.56 to $4.55-$4.75.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:20 pm

GLG

TD Holdings Inc has entered into a securities purchase agreement with certain purchasers. The company has agreed to sell 28 million shares of its common stock at a price of $0.35 per share.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 9:18 pm

CAR

Avis Budget Group, Inc (NASDAQ:CAR) reported Q2 earnings of $11.01 per share, a decrease from $15.71 per share last year. Quarterly sales were $3.12 billion, missing the analyst consensus estimate of $3.19 billion. Despite the sales miss, CAR shares were trading higher in after-hours session. The company's liquidity position at the end of the quarter was $1.1 billion, with an additional $1.1 billion of fleet funding capacity.

Portfolio Pulse from Ryan Gustafson

July 31, 2023 | 9:17 pm

KFRC

Kforce (NASDAQ:KFRC) reported Q2 earnings of $0.95 per share, missing the analyst consensus estimate of $0.98 by 3.06%. This is a 18.1% decrease from the same period last year. The company also reported quarterly sales of $389.19 million, missing the analyst consensus estimate of $396.00 million by 1.72%. This is a 10.84% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 31, 2023 | 9:17 pm

WDC

Western Digital Corp (NASDAQ:WDC) reported Q4 revenues of $2.67 billion, beating estimates of $2.52 billion, and a loss of $1.98 per share, also beating estimates. However, revenues were down 5.4% sequentially, with cloud revenue falling 18%. The company expects Q1 revenue to be between $2.55 billion and $2.75 billion, lower than estimates of $2.75 billion. Western Digital shares were down 1.95% after hours.

Portfolio Pulse from Adam Eckert

July 31, 2023 | 9:16 pm

HSII

Heidrick & Struggles Intl (NASDAQ:HSII) reported Q2 earnings of $0.73 per share, beating the analyst consensus estimate of $0.69 by 5.8%. However, this is a 38.66% decrease from the same period last year. The company also reported quarterly sales of $271.23 million, beating the estimate of $265.26 million by 2.25%, but this is a 9.20% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 31, 2023 | 9:13 pm

FBRT

Franklin BSP Realty Trust (NYSE:FBRT) reported Q2 earnings of $0.66 per share, beating the analyst consensus estimate of $0.50 by 32%. This is a 127.59% increase from the same period last year. The company also reported quarterly sales of $84.03 million, beating the analyst consensus estimate of $67.19 million by 25.06%. This is a 111.57% increase from the same period last year.

Portfolio Pulse from sunil@benzinga.com

July 31, 2023 | 9:13 pm

ANET

Arista Networks Inc's shares are trading higher after the company reported better-than-expected Q2 financial results. The company's revenue increased by 38.7% YoY to $1.459 billion, beating the consensus estimate of $1.38 billion. The company also reported quarterly earnings of $1.58 per share, surpassing analyst estimates of $1.44 per share. Despite a slight decrease in gross margin YoY, the company surpassed 75 million cloud network ports shipped during the quarter. Arista anticipates a gross margin of approximately 62% in Q3 and revenue in the range of $1.45 billion to $1.5 billion.

Portfolio Pulse from Adam Eckert

July 31, 2023 | 9:11 pm

BX

Blackstone's (NYSE:BX) short percent of float has risen 7.01% since its last report, with 20.61 million shares sold short, which is 2.9% of all regular shares available for trading. It would take traders 4.89 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Blackstone's peer group average for short interest as a percentage of float is 3.05%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 9:10 pm