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NREF

NexPoint Real Estate (NYSE:NREF) reported Q2 earnings of $0.49 per share, beating the analyst consensus estimate of $0.46 by 6.52%. However, this is a 12.5% decrease from the same period last year. The company's quarterly sales of $4.21 million missed the analyst consensus estimate of $17.50 million by 75.97%, marking a 50.61% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:37 pm

KRNY

Kearny Financial (NASDAQ:KRNY) reported Q4 earnings of $0.19 per share, beating the analyst consensus estimate of $0.14 by 35.71%. This is a 5.56% increase from the same period last year. The company also reported quarterly sales of $40.18 million, beating the analyst consensus estimate of $39.11 million by 2.74%. However, this is a 20.59% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:35 pm

LPCN

META

STM

Lipocine Inc. (LPCN) reported positive results from its Phase 2 study for patients with cirrhosis. Meta Platforms (META) reported Q2 earnings per share of $2.98, beating estimates, and sales of $32.00B, also beating estimates. STMicroelectronics (STM) revised its FY23 revenues outlook to $17.25B-$17.55B, from prior $17.0B-$17.8B, versus $17.3B estimate.

Portfolio Pulse from ryanfaloona@benzinga.com

July 27, 2023 | 12:34 pm

MOB

Mobilicom Limited (NASDAQ:MOB) has announced design win sales into three new geographic markets: Korea, Brazil, and Canada. This includes orders for its MCU Maxi Controller PRO and SkyHopper Datalinks. These orders bring Mobilicom's design wins to a total of 48 as of June 30, 2023. Each design win represents initial sales of Mobilicom's systems and components to be integrated into new autonomous systems designed by manufacturers of drones and robotics. These design wins are expected to lead to commercial scale orders.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 12:33 pm

SPY

The Durable Goods Orders for June increased by 4.7%, significantly higher than the expected 1.0% and the prior 1.7%.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:31 pm

SPY

Core Durable Goods Orders for June increased by 0.6%, beating the expectation of 0.0%.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:31 pm

SPY

The Core PCE Prices for Q2 came in at 3.8%, lower than the expected 4%.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 12:31 pm

DIA

IWM

QQQ

SPY

The US GDP for Q2 has outperformed estimates, coming in at 2.4% compared to the estimated 1.8%.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 12:30 pm

SPY

Core Durable Goods Orders for June increased by 4.7%, significantly higher than the expected 1.0% and the prior 1.7%.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:30 pm

CRH

NGVT

PKG

RS

SEE

The article lists five materials stocks that are considered overbought and could potentially negatively impact portfolios. The stocks are CRH plc, Ingevity Corporation, Packaging Corporation of America, Sealed Air Corporation, and Reliance Steel & Aluminum Co. The overbought status is determined by the Relative Strength Index (RSI), which is above 70 for all these stocks.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 12:26 pm