Latest news with #RhodeIsland
Yahoo
an hour ago
- Business
- Yahoo
Citizens Financial Group (CFG) Reports Q2: Everything You Need To Know Ahead Of Earnings
Regional banking company Citizens Financial Group (NYSE:CFG) will be announcing earnings results this Thursday before market hours. Here's what to look for. Citizens Financial Group met analysts' revenue expectations last quarter, reporting revenues of $1.94 billion, down 1.1% year on year. It was a mixed quarter for the company, with net interest income in line with analysts' estimates but EPS in line with analysts' estimates. Is Citizens Financial Group a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Citizens Financial Group's revenue to grow 2.4% year on year to $2.01 billion, a reversal from the 6.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.88 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 10 downward revisions over the last 30 days (we track 14 analysts). Citizens Financial Group has missed Wall Street's revenue estimates five times over the last two years. Looking at Citizens Financial Group's peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and FB Financial reported a revenue decline of 40.1%, falling short of estimates by 43.5%. FB Financial traded down 4.4% following the results. Read our full analysis of Fulton Financial's results here and FB Financial's results here. There has been positive sentiment among investors in the banks segment, with share prices up 8.3% on average over the last month. Citizens Financial Group is up 13.8% during the same time and is heading into earnings with an average analyst price target of $51.29 (compared to the current share price of $46.65). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Business
- Yahoo
Citizens Financial Group (CFG) Reports Q2: Everything You Need To Know Ahead Of Earnings
Regional banking company Citizens Financial Group (NYSE:CFG) will be announcing earnings results this Thursday before market hours. Here's what to look for. Citizens Financial Group met analysts' revenue expectations last quarter, reporting revenues of $1.94 billion, down 1.1% year on year. It was a mixed quarter for the company, with net interest income in line with analysts' estimates but EPS in line with analysts' estimates. Is Citizens Financial Group a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Citizens Financial Group's revenue to grow 2.4% year on year to $2.01 billion, a reversal from the 6.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.88 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 10 downward revisions over the last 30 days (we track 14 analysts). Citizens Financial Group has missed Wall Street's revenue estimates five times over the last two years. Looking at Citizens Financial Group's peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and FB Financial reported a revenue decline of 40.1%, falling short of estimates by 43.5%. FB Financial traded down 4.4% following the results. Read our full analysis of Fulton Financial's results here and FB Financial's results here. There has been positive sentiment among investors in the banks segment, with share prices up 8.3% on average over the last month. Citizens Financial Group is up 13.8% during the same time and is heading into earnings with an average analyst price target of $51.29 (compared to the current share price of $46.65). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Independent
14 hours ago
- The Independent
Victims are identified in deadly Massachusetts fire that killed nine residents
Officials have begun to identify the nine people killed in a fire that broke out at a Massachusetts assisted living facility over the weekend. The fire engulfed the Gabriel House Assisted Living Facility on Sunday night in Fall River, near the Massachusetts-Rhode Island border. Nine people died and about 30 people were injured, including five firefighters. Bristol County District Attorney's Office released the identities of seven people killed at the facility, which housed 69 residents. Two victims — a 70-year-old woman and a 77-year-old man — have yet to be identified. The victims include 61-year-old Ronald Codega; 64-year-old Rui Albernaz; 69-year-old Margaret Duddy; 71-year-old Kim Mackin; 78-year-old Robert King; 78-year-old Richard Rochon; and 86-year-old Eleanor Willett. The five firefighters were hospitalized with minor injuries and have since been discharged, NBC Boston reports. One injured resident was still in critical condition as of Monday night, officials said. Willett's granddaughter, Holly Mallowes, described the 86-year-old as 'the rock of the family.' 'We're praying she went peacefully from the smoke,' she told NBC Boston. 'That's weighing on us. Was there any suffering?' Rochon's niece, Breonna Cestodio, said the 78-year-old was a veteran who fought in Vietnam. "He was a sharpshooter in the Army," Cestodio told NBC Boston. "He loved getting visits from his niece and nephew." Mackin's family told the Associated Press she was a talented musician who earned a full-ride scholarship to the Manhattan School of Music and toured the world after graduation as a first-chair viola player. She also played in the Boston Philharmonic. 'We will all miss Kimmy,' her nephew, Austin Mackin, said. 'Beyond being exceptionally kind, few knew that she was a brilliant musician.' Officials are investigating the cause of the fire but the district attorney's office says it 'does not appear to be suspicious.' The facility has been previously cited for failing to immediately report more than two dozen health and safety incidents. The state last inspected the facility in 2023, citing it for seven issues, four of which were repeat problems, AP reports. The facility submitted a corrective action plan and was re-certified in November. The Independent has contacted Gabriel House Assisted Living Facility for comment. The scene on Sunday night was gruesome. Fall River Fire Captain Frank O'Reagan told The Boston Globe he entered the facility without an air tank after discovering people were still trapped on the third floor. When he walked in, O'Reagan said he saw several bodies. Fall River Fire Chief Jeffrey Bacon said his crews could hear people crying out for help when they arrived, according to the Globe. 'When they pulled up, obviously our first priority is life safety,' Bacon said. 'So when you pull up to a building and the first thing you see is the fire - but then you seen multiple that are asking to be helped and begging to be helped out the windows. That's where it complicates the scene. It makes everything more difficult.' The fire department called in all firefighters, including 30 people who were off-duty, NBC Boston reports. Resident Neal Beck, 78, told the Globe he was considering jumping out of a window to get to safety. He was ultimately rescued out of a third-floor window. 'I was just hoping I was going to make it,' Beck said. Fall River Mayor Paul Coogan said this fire was an unprecedented tragedy for the community. 'I don't think we've ever faced something like this,' Coogan said. Facility owner Dennis Etzkorn said he's 'devastated' by the fire. 'Our thoughts are with every one of our residents, their families, our staff, and the brave first responders,' Etzkorn said in a statement on Monday. 'I am grateful for the support the city of Fall River has shown to everyone affected by this tragedy.' 'We will continue to cooperate with the authorities and provide them with any information they may need throughout the investigative process regarding the cause and origin of this fire,' he added.
CBS News
17 hours ago
- CBS News
Massachusetts woman allegedly left baby and dog in car outside casino while playing slot machines
A Massachusetts woman was arrested over the weekend in Rhode Island after she allegedly left a baby and dog unattended in her car while she was playing a slot machine at the casino nearby. It happened Saturday around 7 a.m. at Bally's Tiverton Casino. According to the Tiverton Police Department, the woman's Toyota was parked in the upper level of the casino's parking garage. An officer found the car unlocked with a 15-month-old sleeping in a car seat next to a small dog. After running the vehicle's registration, police identified the owner as 35-year-old Elyse Busch of Onset, Massachusetts. Police reviewed surveillance footage from the casino. Busch was found inside at a slot machine, and video allegedly showed she had been in the casino for over 30 minutes. Busch was arrested and charged with cruelty to or neglect of a child. A Tiverton Rescue ambulance brought the child to Hasbro Children's Hospital for evaluation. Both the Rhode Island Department of Children, Youth and Families and the Massachusetts Department of Children and Families were notified. Tiverton police said a family member took custody of the child. Busch made an initial appearance at arraignment and was released on $3,000 surety bail. She is next due in Newport District Court on Thursday. Bally's Tiverton Casino is located in Newport County, about six miles from the Massachusetts border near Fall River and Westport. The casino, which was previously known as Twin River-Tiverton, opened its doors in 2018.
Yahoo
a day ago
- Yahoo
2 Missing Brothers Found Dead Near Rhode Island Coast After Falling into Water While Fishing: Reports
Two men were reported missing in Little Compton, Rhode Island, on the morning of Saturday, July 12 The victims' families identified them as brothers Aldino A. Centeio, 27, and Valdir A. Centeio, 31 The siblings, who were reportedly fishing in the area, were found dead on Sunday, according to local media outletsThe bodies of two men who went missing while fishing near the coast of Rhode Island have been found, according to reports. At around 8:30 a.m. local time on Saturday, July 12, police received a 911 call from the Warren's Point Beach Club on Atlantic Drive in Little Compton alerting them that a man had fallen into the water and another man had jumped in to save him, CBS News and NBC 10 WJAR reported. A third unidentified person also entered the water but was unsuccessful in retrieving the two men, according to the outlets. "We saw one gentleman standing on top of the rock behind me, screaming and yelling, waving his hands, sort of prostrating himself on the rock, crying,' witness Bill Lancaster said, per CBS News. 'We figured, obviously, someone had gone over into the water." The two men were found at around 11:15 a.m. on Sunday, after the search was suspended overnight, according to the outlet. Family members identified the pair as brothers Aldino A. Centeio, 27, and Valdir A. Centeio, 31, local outlet WPRI reported. The pair, who were both from Stoughton, were allegedly found not far from the rocks where they were last seen fishing, per the outlet and NBC 10 WJAR. Local Rhode Island dive master and scuba instructor Chris Trainor said a probable explanation for the tragedy could've been 'tough conditions' in the water. He told NBC 10 WAJAR that there was a lack of visibility in the area. The victims' family spent over six hours watching the search for the missing brothers from the shore on Saturday, according to WPRI. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Little Compton Fire and Rescue was joined by the Rhode Island Department of Environmental Management (DEM) amid the search. According to NBC 10 Boston, Middletown, Tiverton, Newport, and Little Compton marine units also assisted. 'The members of the Little Compton Fire Department would like to thank the Warren's Point Beach Club for providing sandwiches for our members and mutual aid partners during the marine incident this afternoon,' the Little Compton Fire Department wrote on Facebook. 'We would also like to thank all of our mutual aid partners for assisting us during the search,' they concluded. Little Compton Police Department, Little Compton Fire Department and the Rhode Island Department of Environmental Management did not immediately respond to PEOPLE's request for comment on Tuesday, July 15. Read the original article on People
