Streetbeat News

Earnings

PKG

Packaging Corp Of America (NYSE:PKG) reported a Q3 FY23 sales decline of 8.94% YoY to $1.94 billion, missing the analyst consensus estimate of $1.99 billion. Adjusted EPS of $2.05 beat the consensus estimate of $1.93. The company's CEO highlighted cost-effective operations, including keeping the Wallula, WA mill temporarily idled during the quarter. PKG shares were up 2.4% at $148.00 at the time of publication.

Portfolio Pulse from Shivani Kumaresan

October 24, 2023 | 3:10 pm

TBI

TrueBlue's shares are trading lower following the company's Q3 financial results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:09 pm

AGYS

Agilysys reported better-than-expected Q2 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:09 pm

INGR

LND

Ingredion (NYSE:INGR) has announced a dividend payout of $0.78 per share, resulting in an annualized dividend yield of 2.85%. The company has shown a positive trend in dividend per share and earnings per share from 2019 to 2022, indicating a strong financial position. Brasilagro - Cia Bras (NYSE:LND) has the highest annualized dividend yield at 17.24% among its industry peers.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:05 pm

CIO

City Office REIT (NYSE:CIO) is set to pay a dividend of $0.10 per share on October 24, 2023, with an annualized dividend yield of 7.86%. The company's dividend per share has decreased from $0.94 in 2019 to $0.80 in 2022, while its earnings per share have increased from $1.18 to $1.55 over the same period. This suggests that the company is focusing on business growth by reinvesting profits.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:05 pm

CALM

MKC

McCormick & Co (NYSE:MKC) is issuing a dividend payout of $0.39 per share, resulting in an annualized dividend yield of 2.11%. 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 9.70%. McCormick & Co has seen an increase in dividend per share from 2019 to 2022, despite a decrease in earnings per share.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:05 pm

DG

TGT

Dollar Gen (NYSE:DG) is set to distribute a dividend payout of $0.59 per share, translating to an annualized dividend yield of 1.52%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.28 to $2.20. Dollar Gen's earnings have also increased from $6.48 per share in 2019 to $10.29 per share in 2022. The company's dividend yield is in the middle range compared to its industry peers, with Target (NYSE:TGT) having the highest annualized dividend yield at 4.10%.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:05 pm

HCA

HCA Healthcare Inc's shares are trading lower after the company reported mixed Q3 FY23 financial results and updated guidance. The company exceeded revenue consensus but missed on EPS. Adjusted EBITDA and cash flows from operating activities declined from a year ago. The company also revised its FY23 revenue and EPS outlook. HCA's shares are down 4.81%.

Portfolio Pulse from Lekha Gupta

October 24, 2023 | 3:02 pm

AMP

Ameriprise Finl (NYSE:AMP) is set to release its quarterly earnings report on Wednesday, 2023-10-25, with an estimated EPS of $7.57. The company's past performance shows a mixed impact on the share price post-earnings announcement. The stock is currently trading at $311.35, up 7.74% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:02 pm

CMPR

Cimpress (NASDAQ:CMPR) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $-0.33. The company's past performance shows a pattern of beating EPS estimates, which often leads to an increase in share price. Currently, shares are trading at $60.15, up 177.42% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:02 pm