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Stock Prices

SQ

Block, Inc. (NYSE:SQ) shares have been trending downward, with a 5% decline on Wednesday contributing to a nearly 20% drop throughout January. The stock's decline is attributed to weakness in Bitcoin prices, as Block is affected by movements in the crypto market. This trend follows a high in December, boosted by strong holiday sales. The SEC's approval of Bitcoin ETFs earlier in the month has also led to increased volatility in crypto-related stocks.

Portfolio Pulse from Ryan Gustafson

January 24, 2024 | 9:16 pm

CCI

Crown Castle (NYSE:CCI) exceeded Q4 analyst estimates with an AFFO of $1.82 per share against the expected $1.80, and sales of $1.67B against the expected $1.66B. However, there was a 1.62% decrease in earnings per share and a 5.10% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:15 pm

PFBC

Preferred Bank (NASDAQ:PFBC) reported Q4 earnings with an EPS of $2.6, beating estimates by 2.36% but with a revenue decline of $4.72 million from the previous year. Despite beating EPS estimates last quarter, the stock dropped 4.45% the following day.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:15 pm

WASH

Washington Trust Bancorp (NASDAQ:WASH) reported Q4 earnings with an EPS of $0.76, surpassing the estimate of $0.57 by 33.33%. However, revenue declined by $8.69 million compared to the same period last year. Despite beating EPS estimates last quarter, the share price fell by 9.58% the following day. The company's past earnings performance shows a pattern of surpassing EPS estimates but with fluctuating revenues.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:15 pm

CASH

Pathward Financial (NASDAQ:CASH) reported Q1 earnings with an EPS of $0.81, missing the estimate of $1.24 by 34.68%. Revenue increased by $12.96 million from the previous year. In the last quarter, the company beat EPS estimates which led to an 8.31% rise in share price the following day. Historical earnings and revenue figures were also provided for comparison.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:15 pm

CNXC

Concentrix (NASDAQ:CNXC) reported Q4 earnings with an EPS of $3.36, beating estimates by 9.09% and surpassing the estimated $3.08. Revenue increased by $590 million compared to the same period last year. Despite missing EPS estimates last quarter by $0.13, the share price increased by 6.84% the following day. The company's past earnings performance shows fluctuations in meeting EPS estimates but consistent revenue figures.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:15 pm

CASH

Pathward Financial (NASDAQ:CASH) reported Q1 2024 earnings of $0.81 per share, missing the consensus estimate of $1.24 by 34.68%. Quarterly sales were $162.80M, falling short of the $166.47M estimate by 2.20%, but marking an 8.65% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:14 pm

WRB

WR Berkley (NYSE:WRB) reported Q4 adjusted earnings of $1.45 per share, surpassing the consensus estimate of $1.38, representing a 25% increase from the previous year. Sales reached $3.22B, slightly above the $3.21B estimate, marking a 6.87% year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:14 pm

NFLX

Barclays analyst Kannan Venkateshwar has maintained an Equal-Weight rating on Netflix (NASDAQ:NFLX) and increased the price target from $375 to $475.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:14 pm

BRKL

Brookline Bancorp (NASDAQ:BRKL) reported Q4 2023 earnings of $0.26 per share, surpassing the consensus estimate of $0.23. However, their quarterly sales of $83.56M fell short of the expected $85.19M, marking a 1.92% miss but a 4.40% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:13 pm