Newz(CBC) on Tuesday reported second-quarter earnings of $113.8 million. The bank, based in Jefferson City, Missouri, said it had earnings of 47 cents per share. The results missed Wall Street expectations.
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. The bank holding company posted revenue of $330 million in the period. Its revenue net of interest expense was $282.3 million, also falling short of Street forecasts.
_____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBC at https://www.zacks.com/ap/CBC Source MIGDAL HAEMEK, Israel (AP) β MIGDAL HAEMEK, Israel (AP) β Tower Semiconductor Ltd.
(TSEM) on Tuesday reported second-quarter net income of $90.8 million. The Migdal Haemek, Israel-based company said it had profit of 79 cents per share. Earnings, adjusted for stock option expense, came to 88 cents per share.
The results exceeded Wall Street expectations. The chipmaker posted revenue of $460.1 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $454.7 million.
For the current quarter ending in September, Tower Semiconductor said it expects revenue in the range of $520 million. Access a Zacks stock report on TSEM at https://www.zacks.com/ap/TSEM Source (AP) β Shoals Technologies Group Inc.
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