Streetbeat News

Earnings

TLS

Telos Corporation (NASDAQ:TLS) shares rose after reporting Q4 adjusted EPS of $(0.09), beating the expected $(0.12) loss. Q4 sales were $41.059 million, surpassing the $32.06 million forecast. However, gross profit and margin declined compared to the previous year. The company announced potential new programs worth up to $525 million over five years, aiming for revenue growth in 2024 and 2025. Q4 adjusted EBITDA was a $(3.2) million loss, and Q1 revenue is expected to decline 21%-18% Y/Y. TLS shares increased by 10.9% to $3.495.

Portfolio Pulse from Nabaparna Bhattacharya

March 15, 2024 | 3:06 pm

OLN

WLKP

Olin Corporation (NYSE:OLN) announced a dividend payout of $0.20 per share with an annualized yield of 1.56%, payable on March 15, 2024, to shareholders of record as of March 06, 2024. The company has maintained a stable dividend per share of $0.80 from 2020 to 2023, alongside an upward trend in earnings per share from $-1.10 to $4.54 over the same period. This reflects Olin's financial health and its ability to sustain profit distributions. Westlake Chemical (NYSE:WLKP) is noted for having the highest annualized dividend yield among peers at 8.38%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:05 pm

GPI

MNRO

Group 1 Automotive (NYSE:GPI) announced a dividend payout of $0.47 per share with an annualized yield of 0.68%, for shareholders on record as of February 29, 2024. The company has shown a steady increase in dividend per share from $1.33 in 2021 to $1.80 in 2023, alongside a significant growth in earnings per share from $15.41 to $45.59 from 2021 to 2023. This indicates a strong financial position and a potential for continued dividend increases. Monro (NASDAQ:MNRO) has the highest annualized dividend yield at 3.94% among its peers.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:05 pm

EVC

IPG

Interpublic Gr of Cos (IPG) announced a dividend payout of $0.33 per share with an annualized yield of 4.09%. The dividend reflects a positive trend in the company's financial health, with steady increases in dividend per share from $1.02 in 2020 to $1.24 in 2023, and earnings per share growth from $1.75 to $2.84 over the same period. Entravision Comms (EVC) leads the industry with a 14.49% dividend yield.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:05 pm

ADI

UMC

Analog Devices (ADI) announces a dividend payout of $0.92 per share with an annualized yield of 1.95%, marking a consistent increase in dividends from $2.48 in 2020 to $3.44 in 2023. Earnings per share also rose from $4.91 to $10.08 during the same period, indicating strong financial health and potential for future dividend growth. United Microelectronics (UMC) has the highest dividend yield in the industry at 7.00%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:05 pm

CLMB

TAIT

Climb Global Solutions (NASDAQ:CLMB) announced a dividend payout of $0.17 per share with an annualized yield of 1.13%, payable on March 15, 2024, to shareholders of record as of March 08, 2024. The company has maintained a consistent dividend per share of $0.68 from 2020 to 2023, indicating a stable dividend policy. Additionally, Climb Global Solutions has seen an increase in earnings per share from $1.40 to $3.06 from 2020 to 2023, suggesting a strong financial health and potential for future dividend increases. Taitron Components (NASDAQ:TAIT) is mentioned as having the highest annualized dividend yield among peers at 6.21%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:05 pm

RCAT

Red Cat Holdings (NASDAQ:RCAT) is scheduled to release its quarterly earnings report on March 18, 2024, with an estimated EPS of $-0.04. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. Historical performance shows mixed results with both misses and beats in past quarters. Shares have been trading at $0.79 as of March 14, reflecting a 23.59% decline over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:01 pm

BTBT

Bit Digital (NASDAQ:BTBT) is expected to report a Q4 earnings per share (EPS) of $-0.05 on March 18, 2024. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. Historically, Bit Digital has shown the ability to surpass EPS estimates, leading to significant stock price movements. Over the last year, BTBT shares have increased by 62.69%, with the stock trading at $2.1 as of March 14.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:01 pm

GES

Analyst ratings for Guess (NYSE:GES) show varied sentiments, with recent evaluations ranging from bullish to bearish. The average 12-month price target is now $25.75, down 8.04% from the previous $28.00. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their reaction to Guess's performance and market conditions. Guess's financials indicate strong profitability and financial health but a higher level of financial risk due to a debt-to-equity ratio above industry average.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:01 pm

NCMI

National CineMedia (NASDAQ:NCMI) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $0.09. The company's past earnings performance shows mixed results, with the last quarter missing EPS estimates by $0.19 but resulting in an 11.83% share price increase the following day. Over the last year, NCMI shares have surged 227.6%, indicating a positive outlook from long-term shareholders. Investors will be keenly watching for both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:01 pm