Streetbeat News

Earnings

ROP

Roper Technologies Inc reported Q2 FY23 revenue growth of 17% YoY to $1.53 billion, beating the consensus of $1.50 billion. Adjusted EPS of $4.12 also surpassed the consensus of $3.99. The company raised its full-year 2023 adjusted earnings guidance to $16.36 - $16.50, from the previous $16.10 - $16.30. Roper Technologies shares traded higher by 3.67% at $499.27 on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

July 21, 2023 | 3:44 pm

MCB

Metropolitan Bank Holding's shares are trading lower following the company's worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 3:41 pm

CXAI

CXApp, Inc. (NASDAQ:CXAI) shares are trading higher after the company announced a 50% reduction in operating expenses and a $5 million cash addition to its balance sheet through investors' redemption of 435 thousand warrants at $11.50. The company also entered into a warrant exchange agreement that will reduce the outstanding public warrants by more than 15%. The release of Q2 2023 financial results and earnings report is anticipated in August. There is a high short interest in CXAI with 69.28% of available shares being sold short.

Portfolio Pulse from Erica Kollmann

July 21, 2023 | 3:38 pm

JPM

A whale investor has taken a bullish stance on JPMorgan Chase (NYSE:JPM), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $85.0 to $160.0 for JPMorgan Chase over the last 3 months. The current price of JPM is down -0.69% at $155.07. RSI indicators suggest that the stock may be overbought. The next earnings are expected to be released in 84 days.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:17 pm

SCHL

Scholastic Corporation reported better-than-expected Q4 adjusted EPS results and issued FY24 guidance. The company also approved a $100 million increase in its share repurchase authorization, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 3:14 pm

MDC

TOL

Toll Brothers (NYSE:TOL) is distributing a dividend payout of $0.21 per share, translating to an annualized dividend yield of 1.12%. The company's dividend per share has shown a positive trend, increasing from $0.44 in 2019 to $0.80 in 2022. Earnings per share also rose from $4.04 to $10.14 during the same period. M.D.C. Holdings (NYSE:MDC) has the highest annualized dividend yield in the industry at 4.32%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:05 pm

EGBN

PFBC

Preferred Bank (NASDAQ:PFBC) is set to deliver a dividend payout of $0.55 per share, equating to an annualized dividend yield of 3.94%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.20 to $1.84. Earnings per share also increased from $5.08 to $7.81 during the same period. Eagle Bancorp (NASDAQ:EGBN) has the highest annualized dividend yield at 7.03% among the industry peers.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:05 pm

F

THO

Thor Industries (NYSE:THO) will reward its shareholders with a dividend payout of $0.45 per share, demonstrating an annualized dividend yield of 1.87%. The company has shown an upward trajectory in dividend per share and earnings per share from 2019 to 2022. Ford Motor (NYSE:F) has the highest annualized dividend yield at 4.28% among its industry peers.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:05 pm

HBNC

WASH

Horizon Bancorp (NASDAQ:HBNC) will distribute a dividend payout of $0.16 per share, translating to an annualized dividend yield of 5.77%. The company has shown a notable growth in its dividend per share from $0.46 to $0.63 from 2019 to 2022. Earnings per share also increased from $1.51 to $2.19 during the same period. Washington Trust Bancorp (NASDAQ:WASH) has the highest annualized dividend yield at 7.65% among its industry peers.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:05 pm

EGBN

RBCAA

Republic Bancorp (NASDAQ:RBCAA) will distribute a dividend payout of $0.37 per share, translating to an annualized dividend yield of 3.33%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.03 to $1.36. Republic Bancorp's earnings per share also rose from $3.93 to $4.43 during the same period. The company's dividend yield is in the middle range compared to its industry peers, with Eagle Bancorp (NASDAQ:EGBN) having the highest annualized dividend yield at 7.03%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:05 pm