News
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Health Rounds: New form of type 1 diabetes identified in Black patients
By Nancy LapidJuly 22 (Reuters) - Hello Health Rounds Readers! Today we have yet another example of why diversity is important in clinical research. A new study conducted in Africa disproves the age-old theory - developed based on studies in mostly white volunteers - that youth-onset diabetes is alw...Reuters
Tue, Jul 22
Trustmark Q2 revenue up 2.1% but misses estimates
OverviewTrustmark Q2 revenue rises 2.1% but misses analyst expectationsNet income for Q2 totals $55.8 mln, with diluted EPS of $0.92Co repurchased $11.0 mln of common stock during the quarterOutlookCompany did not provide specific future financial guidance in the press releaseResult DriversLOAN GROW...Reuters
Tue, Jul 22
Norwood Financial Q2 EPS rises 29%
OverviewNorwood Financial fiscal Q2 EPS rises 29% yr/yr to $0.67Net interest margin improves to 3.43% from 2.80% yr/yrLoans grew at a 4.4% and 8.2% annualized rate during Q2 and year-to-date, respectivelyOutlookNorwood Financial sees "solid" momentum entering the second half of 2025Result Dr...Reuters
Tue, Jul 22
Oilfield services provider Weatherford International beats Q2 revenue expectations
OverviewWeatherford International Q2 revenue of $1.204 bln beats analyst expectations, per LSEG dataOperating income rises 67% sequentially, net income up 79% sequentiallyAdjusted EBITDA flat sequentially but beats analyst estimates, per LSEG dataOutlookWeatherford anticipates flat revenue trajector...Reuters
Tue, Jul 22
Bar Harbor Bankshares Q2 core earnings rises
OverviewBar Harbor Q2 GAAP net income falls to $6.1 mln, missing analyst expectations, per LSEG dataCore earnings (Non-GAAP) rise to $10.8 mln or $0.70 per diluted shareCo receives regulatory approvals for Guaranty Bancorp acquisitionOutlookCompany sees strategic growth from Guaranty Bancorp acquisi...Reuters
Tue, Jul 22
Gaming and Leisure Properties Inc expected to post earnings of 75 cents a share - Earnings Preview
Gaming and Leisure Properties Inc GLPI.OQ GLPI.O is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Wyomissing Pennsylvania-based company is expected to report a 3.3% increase in revenue to $393.265 million from $380.63 million...Reuters
Tue, Jul 22
Midland States Bancorp Inc expected to post earnings of 63 cents a share - Earnings Preview
Midland States Bancorp Inc MSBI.OQ MSBI.O is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Effingham Illinois-based company is expected to report a 3.6% increase in revenue to $75.347 million from $72.71 million a year ago, a...Reuters
Tue, Jul 22
Renasant beats Q2 adjusted EPS expectations
OverviewRenasant Q2 adjusted EPS beats analyst expectations, per LSEG dataNet income impacted by merger expenses and acquisition provisionsNet interest income rises due to merger with The First BancsharesOutlookCompany did not provide specific future guidance or projectionsResult DriversMERGER IMPAC...Reuters
Tue, Jul 22
PAMT Corp expected to post a loss of 22 cents a share - Earnings Preview
PAMT Corp PAMT.OQ PAMT.O is expected to show a fall in quarterly revenue when it reports results on July 24 (estimated) for the period ending June 30 2025The United States of America-based company is expected to report a 12.0% decrease in revenue to $161 million from $182.95 million a year ago,...Reuters
Tue, Jul 22
Bel Fuse Inc expected to post earnings of $1.29 a share - Earnings Preview
Bel Fuse Inc BELFB.OQ, BELFB.O is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The West Orange New Jersey-based company is expected to report a 13.3% increase in revenue to $150.938 million from $133.21 million a year ago, accor...Reuters
Tue, Jul 22
Brazil's Totvs agrees to buy StoneCo's Linx unit
SAO PAULO, July 22 (Reuters) - Brazilian software company Totvs TOTS3.SA has agreed to buy StoneCo's STNE.O Linx unit in a deal worth 3.05 billion reais ($547.90 million), it said on Tuesday, adding that it expects the move to strengthen its position in the retail segment.Totvs has shown interes...Reuters
Tue, Jul 22
Digital Realty Trust Inc expected to post earnings of 38 cents a share - Earnings Preview
Digital Realty Trust Inc DLR.N, DLR is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Dallas Texas-based company is expected to report a 6.6% increase in revenue to $1.447 billion from $1.36 billion a year ago, according to th...Reuters
Tue, Jul 22
CNB Financial Q2 net income rises 11.31% excluding merger costs
OverviewCNB Financial Q2 net income rises to $12.9 mln, $0.61 EPS, up from Q1 2025Excluding merger costs, Q2 earnings were $13.2 mln, up 11.31% from Q1Total nonperforming assets fell to $30.4 mln, driven by resolution of NPAsOutlookCompany expects opportunities for further cost-of-fund interest redu...Reuters
Tue, Jul 22
NB Bancorp Inc expected to post earnings of 35 cents a share - Earnings Preview
NB Bancorp Inc NBBK.OQ NBBK.O is expected to report resultson July 24 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for NB Bancorp Inc is for earnings of 35 cents per share. The one available analyst rating on the shares is "buy". The mean earnings estimat...Reuters
Tue, Jul 22
Finwise Bancorp expected to post earnings of 22 cents a share - Earnings Preview
Finwise Bancorp FINW.OQ FINW.O is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Murray Utah-based company is expected to report a 16.7% increase in revenue to $22.043 million from $18.88 million a year ago, according to the m...Reuters
Tue, Jul 22
Middlefield Banc Q2 EPS rises 46%
OverviewMiddlefield Banc Q2 EPS rises 46.2% yr/yr to $0.76Net interest income for Q2 increases 15.6% to $17.4 mlnTotal loans reach record $1.58 bln, up 5.6% yr/yrOutlookCompany expects loan and core deposit growth to benefit 2025 profitabilityMiddlefield plans to open new Westerville branch in H2 20...Reuters
Tue, Jul 22
PennyMac Financial Services Q2 revenue misses analyst expectations
OverviewPennyMac Q2 revenue misses analyst expectations, adjusted pretax profit also missed, per LSEG dataNet income for Q2 was $136.5 mlnCo declared a cash dividend of $0.30 per shareOutlookCompany expects PennyMac Mortgage Investment Trust (PMT) to acquire all jumbo correspondent production in Q3 ...Reuters
Tue, Jul 22
Financial Institutions Inc expected to post earnings of 83 cents a share - Earnings Preview
Financial Institutions Inc FISI.OQ FISI.O is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Warsaw New York New York-based company is expected to report a 45.3% increase in revenue to $59.858 million from $41.19 million a year...Reuters
Tue, Jul 22
Orrstown Financial Services beats Q2 adjusted EPS expectations
OverviewOrrstown Q2 adjusted EPS of $1.04 beats analyst expectations, per LSEG dataNet income for Q2 rises to $19.4 mln, reflecting improved profitabilityCo had announced share repurchase program for up to 500,000 sharesOutlookOrrstown sees positive momentum in net interest margin in the remainder o...Reuters
Tue, Jul 22
Healthpeak Properties Inc expected to post earnings of 6 cents a share - Earnings Preview
Healthpeak Properties Inc DOC.N, DOC is expected to show a fall in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Denver Colorado-based company is expected to report a 0.8% decrease in revenue to $690.053 million from $695.5 million a year ago, accordin...Reuters
Tue, Jul 22
