Streetbeat News

Dividends

AMSF

Amerisafe shares rise following strong Q3 results and a special dividend announcement.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 6:12 pm

LVS

Las Vegas Sands Corp (NYSE:LVS) is receiving positive attention from analysts due to its strong position in Macau and the region's recovery. Despite missing Q3 earnings and revenue estimates, analysts from Morgan Stanley and Stifel maintain positive ratings and price targets, citing strong Macau results and future catalysts.

Portfolio Pulse from Chris Katje

October 24, 2024 | 5:28 pm

SPGI

S&P Global Inc (NYSE:SPGI) reported strong Q3 earnings, beating analyst estimates with a 21% increase in EPS and a 16% rise in sales. Despite the positive results, the stock price fell. The company plans significant capital returns in 2024 and announced leadership changes.

Portfolio Pulse from Anusuya Lahiri

October 24, 2024 | 5:14 pm

WST

West Pharmaceutical Services, Inc. (NYSE:WST) reported strong Q3 results with adjusted EPS of $1.85, beating expectations. Sales reached $746.9 million, driven by demand for self-injection devices. The company raised its annual forecast and dividend, boosting investor confidence.

Portfolio Pulse from Vandana Singh

October 24, 2024 | 5:09 pm

RCI

Rogers Communications reported Q3 earnings that beat expectations, with adjusted EPS of $1.04 surpassing the consensus estimate. Despite this, shares fell 3.59% due to mixed revenue results and ongoing network investments. The company declared a dividend and reiterated its growth outlook.

Portfolio Pulse from Nabaparna Bhattacharya

October 24, 2024 | 4:49 pm

AIRR

MSM

OUSM

MSC Industrial Direct Company, Inc. (NYSE:MSM) reported a decline in Q4 net sales by 8% year-over-year, missing consensus estimates. The company faces challenges in the heavy manufacturing sector, impacting its financial performance. Despite a dividend increase, MSM shares fell 4.49%.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 4:24 pm

VIRT

Virtu Financial reported strong Q3 results with earnings and revenue surpassing expectations. Despite this, shares fell 6.18%. The company declared a dividend and has a significant share repurchase program.

Portfolio Pulse from Nabaparna Bhattacharya

October 24, 2024 | 3:25 pm

SAH

Sonic Automotive's Q3 results missed revenue and earnings expectations, but shares surged due to a 17% dividend increase. Revenue fell 4.2% YoY, and adjusted EPS dropped 38% YoY. Despite operational challenges, the company maintains strong liquidity.

Portfolio Pulse from Akanksha Bakshi

October 24, 2024 | 3:11 pm

ADT

ADT Inc. (NYSE:ADT) shares rose 11.8% after reporting strong Q3 2024 earnings, with adjusted EPS of 20 cents beating estimates and revenue of $1.244 billion surpassing expectations. The company also updated its full-year guidance and declared a dividend.

Portfolio Pulse from Vaishali Prayag

October 24, 2024 | 2:50 pm

CRAK

PXE

VLO

Valero Energy Corporation reported strong Q3 FY24 results with revenues of $32.876 billion, surpassing expectations. Despite a decline in operating income across segments, the company exceeded EPS estimates and returned $907 million to shareholders. Valero's shares are down 2.05%.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 2:02 pm