Streetbeat News

Earnings

BEPC

HE

OPAL

SPH

TAC

Benzinga Insights identifies five value stocks in the utilities sector based on low P/E ratios and recent financial performance. Hawaiian Electric Indus (HE) reported increased EPS and a slight dividend yield rise. TransAlta (TAC) showed a significant EPS increase but a slight dividend yield decrease. OPAL Fuels (OPAL) improved its EPS. Brookfield Renewable (BEPC) reported a negative EPS and an increased dividend yield. Suburban Propane Partners (SPH) had a decrease in EPS and dividend yield.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:38 pm

EDU

Shares of New Oriental (EDU) are up following the report of Q2 sales that exceeded expectations. The company also provided positive guidance for Q3, which may further influence investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:37 pm

GD

General Dynamics' CEO forecasts an increase in operating margin to 11% in 2024, up by 100 basis points from 2023. Additionally, the CEO expects the company's earnings per share (EPS) to be around $14.40 in 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:25 pm

T

VZ

AT&T Inc (NYSE:T) reported Q4 2023 operating revenues of $32.02 billion, surpassing consensus estimates but with an adjusted EPS of $0.54, missing the expected $0.56. The company saw growth in Mobility, Mexico, and Consumer Wireline revenues, but a decline in Business Wireline revenues. AT&T's adjusted EBITDA increased, and it generated $6.4 billion in free cash flow. The company provided FY24 outlook with lower than consensus adjusted EPS expectations, projecting growth in wireless service and broadband revenues. AT&T shares dropped 2.73% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

January 24, 2024 | 2:18 pm

GD

General Dynamics Corp's CFO announced during a conference call that the company expects capital expenditures (Capex) to be between 2%-2.5% of sales next year and to stabilize closer to 2% in the following years.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:11 pm

ELV

Elevance Health's stock is trading higher following the release of their mixed Q4 financial results and the issuance of future guidance. The company's performance in the last quarter and their outlook for the future have influenced investor sentiment positively, leading to an uptick in the stock price.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:11 pm

FCCO

First Community (NASDAQ:FCCO) reported Q4 earnings with an EPS of $0.43, beating estimates by 16.22% against the expected $0.37. However, revenue declined by $652 thousand compared to the same period last year. The company's stock price had previously dropped by 1.4% following a missed EPS estimate last quarter.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:10 pm

JMSB

John Marshall Bancorp (NASDAQ:JMSB) reported a significant decrease in quarterly earnings, with EPS dropping to $0.32 from $0.58 year-over-year, marking a 44.83% decline.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:08 pm

CFFN

Capitol Federal Financial (CFFN) reported Q1 earnings with an EPS of $0.1, surpassing estimates by 66.67% against the expected $0.06. However, revenue declined by $6.24 million compared to the same period last year. In the previous quarter, a beat on EPS estimates resulted in an 11.61% share price increase the following day. The company's past earnings performance shows fluctuating EPS and revenue figures.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:05 pm

FCCO

First Community Corporation (NASDAQ:FCCO) reported Q4 earnings of $0.43 per share, surpassing the consensus estimate of $0.37 by 16.22%. However, this represents an 18.87% decrease from the $0.53 per share earned in the same quarter of the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:01 pm