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OBK

Origin Bancorp (NYSE:OBK) reported Q4 earnings with an EPS of $0.6, missing estimates by 3.23% against the expected $0.62. Revenue declined by $16.99 million compared to the same period last year. In the previous quarter, the company's share price increased by 6.31% following an EPS beat.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:20 pm

BWB

Bridgewater Bancshares (NASDAQ:BWB) reported Q4 earnings with an EPS of $0.28, beating estimates by 12.0% but with a revenue decline of $7.88 million from the previous year. The company had previously beaten EPS estimates last quarter, which led to a 6.23% share price increase the following day. Historical earnings performance shows mixed results over the past four quarters.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:20 pm

OBK

Origin Bancorp (NYSE:OBK) reported Q4 adjusted earnings of $0.60 per share, missing the consensus estimate of $0.62 by 3.23%. Year-over-year, this represents a 39.39% decrease from $0.99 per share. Quarterly sales were $81.89M, falling short of the $88.77M estimate by 7.74% and marking a 16.59% decrease from $98.18M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:19 pm

HXL

Hexcel Corporation (NYSE:HXL) reported Q4 2023 earnings of $0.43 per share, missing the consensus estimate of $0.49 by 12.24%. Quarterly sales were $457.50M, falling short of the expected $471.91M by 3.05%, but marking a 6.54% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:18 pm

CCI

Crown Castle has reaffirmed its financial outlook for the full year 2024, indicating stability and confidence in its future performance.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:18 pm

COIN

ETHUSD

Experts interviewed by Benzinga believe that the approval of a spot Ethereum ETF could lead to full-scale, global adoption of cryptocurrency. ARK Invest's Tom Staudt is confident in the progression of Ethereum ETFs, citing improved dialogue with regulators. Skeptics, however, point to potential regulatory hurdles and the SEC's classification of Ethereum as a security. Anndy Lian urges the SEC to make a positive decision on Ethereum ETFs, while Terrence Yang from Swan Bitcoin sees the approval as inevitable following Bitcoin ETF precedents. Chris Martin from Amberdata highlights challenges at the SEC but suggests approval could be imminent. Polymarket rates the probability of approval by May 31 at 54%.

Portfolio Pulse from Murtuza Merchant

January 24, 2024 | 9:17 pm

RIVN

Barclays analyst Dan Levy has maintained an Overweight rating on Rivian Automotive (NASDAQ:RIVN) but reduced the price target from $27 to $25.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:16 pm

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