Streetbeat News

Earnings

HNNA

OCCI

Hennessy Advisors (NASDAQ:HNNA) announced a dividend payout of $0.14 per share with an annualized yield of 8.33%. Despite maintaining a steady dividend per share of $0.55 from 2020 to 2023, the company's earnings per share decreased from $1.06 to $0.63, indicating potential challenges in sustaining future dividends. Hennessy Advisors's dividend yield is in the middle range compared to its peers, with OFS Credit Co (NASDAQ:OCCI) having the highest yield at 16.46%.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:05 pm

VLGEA

WMK

Weis Markets (NYSE:WMK) announced a dividend payout of $0.34 per share with an annualized yield of 2.27%, payable to shareholders on record as of February 19, 2024. The company has shown a steady increase in dividend per share from 2020 to 2023, despite a decrease in earnings per share over the same period. This suggests a commitment to returning capital to shareholders even amidst declining profitability. Village Super Market (NASDAQ:VLGEA) is mentioned as having the highest annualized dividend yield at 3.81% among industry peers.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:05 pm

EQH

NEWT

Equitable Hldgs (NYSE:EQH) announced a dividend payout of $0.22 per share with an annualized yield of 2.66%. The company has shown a commitment to increasing shareholder value through rising dividends, despite a slight decrease in earnings per share from $4.69 in 2020 to $4.64 in 2023. This trend places Equitable Hldgs's dividend yield in the middle range compared to industry peers, with NewtekOne (NASDAQ:NEWT) having the highest yield at 6.37%.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:05 pm

CALM

SEB

Seaboard (AMEX:SEB) maintains a consistent dividend payout of $2.25 per share, with an annualized yield of 0.25%, despite lagging behind industry peers like Cal-Maine Foods (NASDAQ:CALM) in dividend yield. Seaboard's earnings have shown positive growth from 2020 to 2023, suggesting a strong financial health and potential for future dividend increases.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:05 pm

PATK

SMP

Patrick Industries (NASDAQ:PATK) announced a dividend payout of $0.55 per share with an annualized yield of 2.14%, payable on March 04, 2024, to shareholders of record as of February 20, 2024. The company has shown a positive trend in both dividend per share and earnings per share from 2020 to 2023, indicating strong financial health and a commitment to enhancing shareholder value. Standard Motor Products (NYSE:SMP) has the highest annualized dividend yield among industry peers at 3.73%.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:05 pm

KO

Coca-Cola Company (NYSE:KO) reported its Q4 2023 earnings, showcasing resilience with an 8% earnings per share growth and a 12% organic revenue growth despite global challenges. The company achieved market share gains and benefited from its digital transformation and innovation. However, geopolitical tensions, inflation, and hyperinflation in certain markets posed challenges. The refranchising of bottling operations is expected to impact revenues and earnings in 2024 negatively.

Portfolio Pulse from Tornado

March 04, 2024 | 3:04 pm

CDRE

Cadre Hldgs (NYSE:CDRE) is scheduled to release its quarterly earnings report on Tuesday, 2024-03-05, with analysts expecting an EPS of $0.18. The company's previous quarter performance exceeded expectations by $0.08, leading to a 7.92% share price increase the following day. Shares are currently trading at $35.76, marking a 67.05% increase over the last 52 weeks. Investors are optimistic, particularly looking for positive future guidance alongside the earnings results.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:03 pm

GBTG

Global Business Travel (NYSE:GBTG) is expected to report a quarterly EPS of $-0.03 on March 5, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows mixed earnings performance and a general negative trend in stock price over the last year, with shares down 18.19%.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:03 pm

RSKD

Riskified (NYSE:RSKD) is anticipated to report an EPS of $0.03 in its upcoming quarterly earnings on March 5, 2024. Historical data shows Riskified has had mixed earnings performance, with a notable beat last quarter leading to a 2.04% share price increase. Shares are currently trading at $4.66, reflecting a 20.94% decline over the last year. Investors are keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:03 pm

FSTR

L.B. Foster (NASDAQ:FSTR) is scheduled to release its quarterly earnings report on March 5, 2024, with an estimated EPS of $0.01. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Historical data shows mixed earnings performance with the last quarter missing estimates, leading to a 1.94% drop in share price. Over the last year, FSTR shares have risen by 84.71%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:03 pm