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RBB

RBB Bancorp (NASDAQ:RBB) reported Q2 2024 earnings per share (EPS) of $0.39, beating the analyst estimate of $0.34. Sales were $27.453 million, slightly above the $27.387 million estimate. However, both EPS and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 9:31 pm

AME

AMETEK (NYSE:AME) has outperformed the market over the past 10 years with an average annual return of 13.05%, resulting in a $1000 investment growing to $3,362.56. The company currently has a market capitalization of $40.04 billion.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 9:30 pm

UTHR

United Therapeutics (NASDAQ:UTHR) has significantly outperformed the market over the past 5 years, delivering an average annual return of 33.79%. A $1000 investment in UTHR 5 years ago would be worth $4,326.61 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 9:30 pm

SAP

SAP SE (NYSE:SAP) reported its Q2 financial results, missing analyst estimates for both earnings and sales. Despite this, the company saw significant growth in its cloud revenue and backlog, and shares rose 4.80% after-hours. SAP reiterated its fiscal year 2024 outlook and provided strong guidance for 2025.

Portfolio Pulse from Erica Kollmann

July 22, 2024 | 9:26 pm

FBP

First BanCorp has announced a new repurchase program of up to $250 million, which could include repurchases of common stock or junior subordinated debentures. Additionally, the company declared a quarterly cash dividend of $0.16 per share, payable on September 13, 2024. The repurchase program is expected to be executed through the end of Q4 2025.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 9:19 pm

SMBK

SmartFinancial (NYSE:SMBK) reported Q2 2024 adjusted EPS of $0.46, beating the $0.39 estimate. Sales were $40.418M, surpassing the $40.072M estimate. Despite the earnings beat, EPS decreased by 11.54% YoY, while sales increased by 4.43% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 9:08 pm

MEDP

Medpace Holdings Inc (NASDAQ:MEDP) shares fell in after-hours trading following mixed Q2 financial results and a revision of forward guidance. The company reported Q2 revenue of $528.1 million, slightly below estimates, and EPS of $2.75, above estimates. Medpace revised its full-year 2024 revenue forecast downward but raised its earnings outlook. Shares were down 13.08% at $380.

Portfolio Pulse from Adam Eckert

July 22, 2024 | 9:08 pm

TSLA

A Tesla vehicle caught fire at a Supercharger station in Pennsylvania, raising concerns about battery fires and hazardous materials. This incident adds to previous reports of Tesla-related fires, highlighting potential safety issues with EV batteries.

Portfolio Pulse from Adam Eckert

July 22, 2024 | 9:02 pm

CATY

Cathay General (NASDAQ: CATY) reported Q2 2024 adjusted EPS of $0.96, beating the estimate of $0.94. However, sales were $178.531M, missing the $179.184M estimate and showing a 12.76% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 9:02 pm

EIS

ISRA

ITEQ

IZRL

TAN

Israel has ordered residents in southern Gaza to evacuate as it plans military action against Hamas. This follows a Houthi drone attack on Tel Aviv and subsequent Israeli strikes on Houthi installations in Yemen. ETFs with Israel exposure saw gains in late-afternoon trading.

Portfolio Pulse from Michael Juliano

July 22, 2024 | 9:01 pm