Streetbeat News

Earnings

TWST

Twist Bioscience's stock is up following the release of their Q4 financial results, which surpassed expectations. Additionally, the company provided Q1 2024 revenue guidance that exceeded analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:17 pm

BABA

Alibaba's stock (BABA) is trading lower due to ongoing weakness after its recent earnings report. Additionally, Morgan Stanley has dropped Alibaba from its list of top picks, signaling a bearish outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:16 pm

FIBK

WSFS

WSFS Financial (NASDAQ:WSFS) has declared a dividend payout of $0.15 per share with an annualized yield of 1.75%. The ex-dividend date was November 2, 2023, and the dividend is payable on November 17, 2023. The company has shown a positive trend in dividend per share growth from $0.47 in 2019 to $0.56 in 2022, and earnings per share growth from $3.71 to $3.95 over the same period. Despite this, WSFS's dividend yield lags behind industry peer First Interstate BancSys (NASDAQ:FIBK), which has a higher annualized dividend yield of 7.36%.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:05 pm

LAD

MNRO

Lithia Motors (NYSE:LAD) is distributing a $0.50 per share dividend with an annualized yield of 0.80%. Shareholders as of the ex-dividend date, November 09, 2023, are eligible. The company has shown a positive trend in dividend per share growth from $1.19 in 2019 to $1.61 in 2022, and earnings per share growth from $11.35 to $46.61 over the same period. This suggests financial health and potential for continued dividend increases. Monro (NASDAQ:MNRO) has a higher annualized dividend yield of 3.97% among industry peers.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:05 pm

NYCB

SSB

SouthState (NASDAQ:SSB) is distributing a dividend of $0.52 per share with an annualized yield of 3.22%. The dividend is for shareholders on record before November 9, 2023. SouthState's dividend yield is moderate compared to its industry peers, with New York Community (NYSE:NYCB) having the highest yield at 7.50%. SouthState has shown a positive trend in dividend per share from $1.24 in 2019 to $1.98 in 2022, and earnings per share growth from $5.50 to $6.79 over the same period, indicating financial health and potential for continued dividend growth.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:05 pm

BKR

KGS

Baker Hughes (NASDAQ:BKR) will pay a dividend of $0.20 per share on November 17, 2023, with an annualized yield of 2.32%. Shareholders as of November 03, 2023, will be eligible. The company's dividend per share has seen a slight increase from $0.72 in 2019 to $0.73 in 2022, while earnings per share decreased from $0.82 to $0.77 over the same period. Kodiak Gas Services (NYSE:KGS) leads the industry with an 8.52% dividend yield.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:05 pm

CLMB

TAIT

Climb Global Solutions (NASDAQ:CLMB) will pay a dividend of $0.17 per share on November 17, 2023, with an annualized yield of 1.55%. The ex-dividend date is November 10, 2023. The company has maintained a steady dividend per share of $0.68 from 2019 to 2022. Earnings per share have grown from $1.46 to $2.61 from 2019 to 2022, indicating a strong financial position and potential for future dividend increases. Taitron Components (NASDAQ:TAIT) has the highest annualized dividend yield among peers at 5.90%.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:05 pm

CPRT

Copart's stock is trading higher following the announcement of their Q1 earnings, which showed a year-over-year increase in EPS and revenues that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:05 pm

ZTO

ZTO Express (Cayman) Inc.'s stock is trading lower following the release of their third-quarter financial results.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:03 pm

GTEC

Greenland Technologies (NASDAQ:GTEC) is scheduled to release its quarterly earnings report on Monday, 2023-11-20. Analysts predict an EPS of $0.05. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, GTEC's stock price has shown varied reactions to past earnings performances. Shares are currently trading at $3.25, with a 52-week increase of 64.74%. The upcoming earnings report could influence the stock's short-term performance.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:01 pm