Streetbeat News

Earnings

TDOC

Teladoc Health, Inc. (NYSE:TDOC) shares have been volatile, with the stock down by over 11% in the last five days. The company reported a Q3 loss of 35 cents per share and revenue of $660.238 billion. It also issued Q4 guidance below estimates. Analysts from Oppenheimer and RBC Capital have maintained an Outperform rating but lowered the price target. TDOC shares are being heavily shorted, with 18.73% of available shares sold short.

Portfolio Pulse from Erica Kollmann

October 30, 2023 | 3:47 pm

DQ

Daqo New Energy Corp (DQ) reported Q3 FY23 results with revenue of $484.8 million, missing the consensus of $672.30 million. Gross profit declined to $67.8 million from $978.6 million a year ago, with margins contracting to 14.0%. Total production volume stood at 57,664 MT, up 27% Q/Q. The company's production cost declined 5.8% Q/Q to $6.52/kg. Adjusted EBITDA stood at $70.2 million, significantly lower than $720.0 million the prior year. Adjusted EPS per ADS of $0.59 missed the consensus of $0.94. DQ shares are up 10.6% at $25.81.

Portfolio Pulse from Lekha Gupta

October 30, 2023 | 3:45 pm

TSLA

Tesla's stock is trading lower after its Chinese competitor, BYD, reported strong earnings.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 3:31 pm

TSLA

Tesla's stock is trading lower after its Chinese competitor, BYD, reported strong earnings.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 3:30 pm

DCPH

Deciphera Pharmaceuticals Inc (NASDAQ:DCPH) announced positive results from the MOTION Phase 3 study of vimseltinib in patients with Tenosynovial Giant Cell Tumor (TGCT). The study met its primary endpoint, demonstrating significant improvement versus placebo. The company plans to submit a marketing application to the FDA for vimseltinib in Q2 2024. Q3 revenues were $43.31 million, up 20%, beating the consensus of $39.35 million. DCPH shares are up 21.60% at $12.35.

Portfolio Pulse from Vandana Singh

October 30, 2023 | 3:22 pm

CP

Canadian Pacific Kansas (NYSE:CP) is set to deliver a dividend payout of $0.19 per share, equating to an annualized dividend yield of 0.69%. The company's dividend payout went ex-dividend on September 28, 2023. The company has shown a steady increase in dividend per share from $0.63 in 2019 to $0.76 in 2022, and an increase in earnings per share from $2.47 to $2.79 from 2019 to 2022.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 3:06 pm

CP

Canadian Pacific Kansas (NYSE:CP) is set to deliver a dividend payout of $0.19 per share, equating to an annualized dividend yield of 0.69%. The company's dividend payout went ex-dividend on September 28, 2023. The company has seen an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, indicating good financial health.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 3:05 pm

BGS

CALM

B&G Foods (NYSE:BGS) is set to pay a dividend of $0.19 per share on October 30, 2023, with an annualized dividend yield of 5.73%. The company's dividend yield is mid-range compared to its industry peers, with Cal-Maine Foods (NASDAQ:CALM) having the highest annualized dividend yield at 9.46%. However, B&G Foods has seen a decrease in dividend per share and earnings per share from 2019 to 2022, which could indicate a challenging financial situation.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 3:05 pm

CALM

CPB

Campbell Soup (NYSE:CPB) is set to deliver a dividend payout of $0.37 per share, equating to an annualized dividend yield of 3.50%. The company's dividend per share and earnings per share have both increased from 2019 to 2022, indicating a positive financial trend. Campbell Soup's dividend yield is in the middle range compared to its industry peers, with Cal-Maine Foods (NASDAQ:CALM) having the highest annualized dividend yield at 9.46%.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 3:05 pm

SGU

SPH

Star Group (NYSE:SGU) is set to pay a dividend of $0.16 per share on October 30, 2023, with an annualized dividend yield of 5.47%. The company has shown a steady increase in its dividend per share from $0.49 to $0.60 between 2019 and 2022. Additionally, Star Group's earnings per share have also risen from $0.04 to $0.42 during the same period. The company's dividend yield is mid-range compared to its industry peers, with Suburban Propane Partners (NYSE:SPH) having the highest annualized dividend yield at 7.65%.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 3:05 pm