Fourth Quarter Earnings

Former Second Bancorp price target raised to from at DA Davidson

Former Second Bancorp price target raised to $23 from $22 at DA Davidson

amefika4 months ago01 mins

DA Davidson raised the company’s price target price in the former second bancorp (OSBC) to $23 from $22 and maintains a Neutral rating on the stock after it beat its fourth-quarter earnings. The benefits and drawbacks of the Evergreen acquisition were very evident in the fourth quarter with a net interest margin of 5.00%, along…

Tesla Stock Faces 9% Drop on Fourth-Quarter Earnings Shortfall, Lowered Production Growth Forecast

amefika8 months ago02 mins

Tesla (TSLA) stock saw a 9% drop early Thursday following the company’s announcement of fourth-quarter earnings that missed expectations. The electric car giant posted gross revenue of $25.17 billion in the fourth quarter, slightly below the expected $25.87 billion. Despite a 3% increase in revenue compared to the previous year, Tesla’s adjusted earnings per share…