Earnings

Piper Sandler analyst Patrick Moley has raised estimates for Interactive Brokers Group, Inc. (IBKR) after the company’s second-quarter FY24 results were released. Surpassing analyst expectations, Interactive Brokers reported quarterly sales of $1.29 billion and an EPS of $1.76, higher than…

Regions Financial Corporation is set to unveil its second-quarter results for 2024 on July 19 before the markets open. It is anticipated that both the earnings and revenues of the bank in this quarter will have dropped compared to the…

The Progressive Corporation (NYSE: PGR) has reported impressive second-quarter earnings for 2024, with earnings per share reaching $2.65, surpassing the Zacks Consensus Estimate of $1.99 and showing significant year-over-year growth. Operating revenues of $18.3 billion also exceeded expectations, increasing by…

American Express Company AXP is scheduled to release its second-quarter 2024 financial results on July 19, 2024, before the market opens. Analysts expect the company’s performance to be supported by growth in network volumes, total cards-in-force, and interest income. The…

Charles Schwab Corp faced a tough day on Wednesday as the company warned of the need to downsize in order to protect its profitability. This warning led to a reduction in estimates by analysts, impacting investor sentiment towards the stock.…

Investors with a considerable amount of money have taken a negative position on Blackstone (BX) as recent trades reveal a bearish sentiment towards the company. The trades, detected in publicly available options history, were highlighted by Benzinga, indicating potential concern…

Synchrony Financial reported a strong second-quarter performance for fiscal 2024 with net interest income reaching $4.405 billion, surpassing expectations of $4.287 billion. The 7% year-over-year increase in net interest income was attributed to higher interest and fees on loans, although…

SocialFi platform RECRD has secured a significant investment of $4 million in funding across two rounds from key players in the crypto and entertainment industries. Led by the Sui Foundation, the funding round also includes notable backers such as Mitch…

City Holding (CHCO) saw a significant increase in its stock price, surging by 4.5% during the latest trading session. The rise was accompanied by a high trading volume, indicating strong investor interest. This positive momentum follows a 11.6% gain over…

Ally Financial Inc. ALLY is set to unveil its financial performance for the second quarter ahead of Wednesday, July 17. Forecasters anticipate the company, based in Detroit, Michigan, to disclose that it earned 64 cents per share for the quarter,…

Pinnacle Financial (PNFP) surpassed market expectations with its second-quarter results for June 2024. The regional bank operator posted earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.60 per share. However, these earnings were lower than the $1.79…

Great Southern Bancorp (GSBC) exceeded expectations in its second-quarter earnings report as the bank holding company delivered a per-share earnings surprise of 20.83%. Compared to a year ago, the company reported earnings of $1.45 per share, surpassing the Zacks Consensus…

Bit Digital, Inc. (BTBT) closed the most recent trading day at $4.24, showing a positive movement of +0.95% from the previous session’s close. This financial performance exceeded that of the S&P 500, which saw a daily gain of 0.64%, while…

Financial giants have been making a strong bullish move on Airbnb recently, as indicated by the options trading activity. An analysis of Airbnb’s options history revealed 21 unusual trades, with 61% of traders showing a bullish sentiment and 23% displaying…

Interactive Brokers Group, Inc. (IBKR) revealed its second-quarter financial results on Tuesday after the closing bell. The company reported quarterly sales of $1.29 billion, surpassing the analyst consensus estimate by 2.21%. The sales figures marked a 29% increase compared to…

Morgan Stanley reported a strong performance in its capital markets segment in the second quarter, with earnings per share of $1.82, up from $1.24 a year ago. The U.S. bank’s sales for the quarter totaled $15.02 billion, representing an 11.6%…

Goldman Sachs analyst Richard Ramsden foresees a neutral investor reaction to PNC Financial Services Group’s strong quarterly results and updated guidance for fiscal year 2024. PNC reported a 2% year-over-year increase in revenue to $5.411 billion, slightly missing the consensus…

Yoshitsu Co., Ltd TKLF shares are on the rise following the company’s latest financial report. The company revealed a significant boost in its quarterly earnings, reporting 20 cents per share, marking a substantial 190.91% increase compared to the same period…

Goldman Sachs analyst Richard Ramsden predicts that investors will respond neutrally to PNC Financial Services Group, Inc.’s recent solid results and updated FY24 guidance. The bank reported a 2% year-over-year revenue increase to $5.411 billion, slightly below the consensus estimate,…

Whales with significant financial resources are showing optimism toward JPMorgan Chase, with a majority of investors making trades with bullish expectations. Out of the 39 trades detected in the options history for JPMorgan Chase, 53% were opened with bullish sentiments,…