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COF

Capital One Financial Corp (NYSE:COF) reported mixed Q2 results, with a 1% YoY increase in revenue to $9.01 billion, missing the consensus estimate of $9.12 billion. However, earnings per share of $3.52 beat estimates of $3.22. Non-interest expenses and provision for credit losses decreased, while period-end credit card loans increased. The company's shares traded slightly lower in the after-hours session.

Portfolio Pulse from Adam Eckert

July 20, 2023 | 8:43 pm

CSTR

CapStar Finl Hldgs (NASDAQ:CSTR) reported Q2 earnings of $0.37 per share, beating the analyst consensus estimate of $0.35 by 5.71%. However, this is a 17.78% decrease from the same period last year. The company's quarterly sales were $28.80 million, missing the analyst consensus estimate of $29.41 million by 2.07%, and marking a 5.00% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:43 pm

HMN

Horace Mann Educators Corporation (HMN) expects Q2 2023 core EPS to be between $0.01 and $0.03 due to strong performance of its Worksite and Life & Retirement businesses offsetting the impact of increased weather activity. Catastrophe losses are expected to be between $41M and $43M, pre-tax. The company's longer-term outlook remains largely unchanged due to the accelerating impact of P&C rate actions and the growing significance of its new Worksite business. Full-year 2023 EPS guidance now reflects an increase in the full-year catastrophe loss estimate to $95M to $100M.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 8:41 pm

AIQ

DIA

QQQ

Tech giants faced a downturn while the Dow Jones Industrial Average continued to shine. The Dow Jones, represented by the SPDR Dow Jones Industrial Average ETF (DIA), ended with its ninth consecutive session in the green. The Nasdaq 100 Index, mirrored by the Invesco QQQ Trust (QQQ), experienced a sharp daily decline of 2.5% due to disappointing Q2 results from Netflix (NFLX) and Tesla (TSLA). Large tech stocks such as Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta Platforms (META), and NVIDIA (NVDA) also recorded sharp drops. The Global X Artificial Intelligence & Technology ETF (AIQ) fell 2.7% in a single day.

Portfolio Pulse from Piero Cingari

July 20, 2023 | 8:40 pm

OCFC

OceanFirst Financial (NASDAQ:OCFC) reported Q2 earnings of $0.46 per share, missing the analyst consensus estimate of $0.47 by 2.13%. This is a 22.03% decrease from the same period last year. However, the company reported quarterly sales of $92.11 million, beating the analyst consensus estimate of $91.85 million by 0.28%. This is a 1.44% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 20, 2023 | 8:32 pm

GBCI

Glacier Bancorp (NYSE:GBCI) reported Q2 earnings of $0.50 per share, beating the analyst consensus estimate of $0.49 by 2.04%. However, this is a 27.54% decrease from the same period last year. The company's quarterly sales were $171.98 million, missing the analyst consensus estimate of $184.26 million by 6.66%, and marking an 11.09% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 20, 2023 | 8:31 pm

MRVL

A large investor has taken a bullish stance on Marvell Tech (NASDAQ:MRVL), with 23 uncommon options trades spotted, split between 56% bullish and 43% bearish. The whales have been targeting a price range from $25.0 to $70.0 for Marvell Tech over the last 3 months. The price of MRVL is currently down -3.67% at $63.22. Several experts have maintained their positive ratings on Marvell Tech, with price targets ranging from $65 to $80.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 8:31 pm

EL

A significant amount of unusual options activity has been detected for Estee Lauder Cos (NYSE:EL), with a bearish stance being taken by a majority of investors. Of the 11 strange trades detected, 54% were bearish and 45% were bullish. The total amount for the 8 puts was $816,566 and for the 3 calls was $163,703. Whales have been targeting a price range from $130.0 to $195.0 for Estee Lauder Cos over the last 3 months. The price of EL is currently down -4.56% at $182.26.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 8:30 pm

BNRG

Brenmiller Energy Ltd. (NASDAQ:BNRG) has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has been granted a 180-day grace period to regain compliance. If the company fails to regain compliance, it may be eligible for an additional 180-day compliance period. If it still fails, its shares may be delisted from Nasdaq. Brenmiller Energy's continued listing on Nasdaq remains a key priority for the company.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 8:24 pm

SHPW

Shapeways, a 3D printing service and marketplace, has announced its intention to transfer its stock listing from the New York Stock Exchange to Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:24 pm