Streetbeat News

Earnings

ASML

Market whales have shown a bullish stance on ASML Holding (NASDAQ:ASML), with a mix of bullish and bearish options trades. The majority of trades are bullish, targeting a price range of $750.0 to $1140.0. ASML, a leader in photolithography systems for semiconductor manufacturing, has seen its stock slightly down by -0.07%, trading at $951.16. The company's main clients include TSMC, Samsung, and Intel, and it is approaching its earnings announcement in 54 days.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:15 pm

AER

AerCap Holdings N.V. (NYSE:AER) reported Q4 FY23 results with a 5% Y/Y increase in total lease revenue to $1.718 billion and a 4% rise in total revenues to $1.899 billion, missing consensus estimates. Adjusted EPS was $3.11, beating expectations. The company announced a $500M share buyback program and highlighted strong demand for its leasing and sales of aircraft, engines, and helicopters. Despite positive results and outlook, AER shares dropped by 1.06% to $77.74.

Portfolio Pulse from Lekha Gupta

February 23, 2024 | 3:07 pm

FMX

Fomento Economico Mexicano (FMX) shares dropped following the announcement of disappointing Q4 results, falling short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 3:05 pm

SBFG

TBNK

SB Finl Gr (NASDAQ:SBFG) is maintaining its dividend payout of $0.14 per share, with an annualized yield of 3.59%, despite a decrease in earnings from $1.97 in 2020 to $1.68 in 2023. The company's dividend per share has seen an upward trend from $0.38 in 2020 to $0.52 in 2023, indicating a commitment to shareholder value. Territorial Bancorp (NASDAQ:TBNK) is mentioned as having the highest annualized dividend yield among peers at 6.18%.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:05 pm

FISI

FRST

Primis Finl (NASDAQ:FRST) maintains a consistent dividend payout of $0.10 per share, resulting in a 3.17% annualized yield as of February 23, 2024. Despite a stable dividend since 2020, Primis Finl's earnings per share have declined from $1.13 in 2020 to $0.71 in 2023, raising concerns about the sustainability of future dividends. The company's dividend yield is mid-range compared to peers, with Financial Institutions (NASDAQ:FISI) leading at 6.48% yield.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:05 pm

PFS

SASR

Provident Financial Services (NYSE:PFS) announces a dividend payout of $0.24 per share with a 5.47% yield for shareholders on record as of February 8, 2024. The company has shown a consistent increase in dividends from $0.92 in 2020 to $0.96 in 2023, alongside earnings growth from $1.25 to $2.01 per share over the same period. This suggests a strong financial health and potential for continued profit distribution. Sandy Spring Bancorp (NASDAQ:SASR) is mentioned for having the highest annualized dividend yield at 6.21% among peers.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:05 pm

CWT

WTRG

California Water Servs Gr (CWT) is set to distribute a dividend of $0.26 per share on February 23, 2024, with an annualized yield of 2.29%. 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 CWT is prioritizing shareholder returns through dividends amidst challenges in earnings growth. Essential Utilities (WTRG) is noted for having the highest annualized dividend yield at 3.40% among industry peers.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:05 pm

PNFP

TFC

Pinnacle Financial Partners (NASDAQ:PNFP) is set to distribute a dividend of $0.22 per share on February 23, 2024, with an annualized yield of 1.04%. The company has shown a positive trend in both dividend per share and earnings per share from 2020 to 2023, indicating a strong financial health and a commitment to increasing shareholder dividends. However, its dividend yield is lower compared to industry peer Truist Financial (NYSE:TFC), which has a yield of 5.84%.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:05 pm

KRYS

Krystal Biotech (NASDAQ:KRYS) is scheduled to release its quarterly earnings report on February 26, 2024, with an estimated EPS of $-0.37. Despite past earnings misses, the company's stock price has historically increased following earnings announcements. Shares are currently trading at $111.96, reflecting a 42.04% increase over the last 52 weeks. Investors are optimistic but will be closely watching the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:02 pm

CCO

Clear Channel Outdoor (NYSE:CCO) is scheduled to release its quarterly earnings report on February 26, 2024, with an estimated EPS of $0.04. Historical data shows a pattern of share price movement following earnings announcements, with a notable drop after missing EPS estimates last quarter. Shares have risen 15.48% over the past 52 weeks, indicating a positive outlook among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 3:02 pm