Streetbeat News

Earnings

FISI

FLIC

First of Long Island (NASDAQ:FLIC) is distributing a dividend of $0.21 per share, leading to an annualized dividend yield of 7.30%. The company's dividend per share and earnings per share have shown a positive trend from 2019 to 2022, indicating a healthy financial status. The company's dividend yield is in the middle when compared to its industry peers, with Financial Institutions (NASDAQ:FISI) having the highest annualized dividend yield at 7.38%.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:05 pm

IMKTA

VLGEA

Ingles Markets (NASDAQ:IMKTA) will distribute a dividend payout of $0.17 per share, translating to an annualized dividend yield of 0.88%. The company has maintained a steady dividend per share of $0.66 from 2019 to 2022, indicating its commitment to providing stability to shareholders. The earnings per share have increased from $4.03 in 2019 to $14.35 in 2022, suggesting potential for higher cash dividend payouts in the future.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:05 pm

WABC

Westamerica Bancorp (NASDAQ:WABC) reported Q3 earnings of $1.56 per share, beating the analyst consensus estimate of $1.44 by 8.33%. This is a 20.93% increase from the same period last year. The company also reported quarterly sales of $83.37 million, beating the analyst consensus estimate of $79.57 million by 4.78%. This is a 14.84% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

October 19, 2023 | 3:02 pm

WRLD

World Acceptance (NASDAQ:WRLD) is set to release its quarterly earnings report on October 20, 2023. Analysts estimate an earnings per share (EPS) of $1.71. The company's past performance shows a pattern of beating EPS estimates. The stock was trading at $120.45 as of October 18, with a 52-week return of 15.86%.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:00 pm

HFWA

Heritage Financial reported Q3 earnings per share (EPS) of $0.51, beating the estimate of $0.43. However, the company's sales of $61.89M fell short of the estimated $62.48M.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 2:54 pm

NFLX

ROKU

Roku, Inc. (NASDAQ:ROKU) shares are trading higher in sympathy with Netflix (NASDAQ:NFLX), which reported better-than-expected Q3 sales results. Roku is rebounding from an 8% drop following a Wells Fargo analyst report and lowered price target. Roku is set to announce its Q3 financial results on Nov. 1.

Portfolio Pulse from Erica Kollmann

October 19, 2023 | 2:54 pm

LVS

Las Vegas Sands Corp (NYSE:LVS) shares are trading higher following better-than-expected Q3 financial results. The company reported Q3 revenue of $2.79 billion, beating estimates of $2.69 billion, and Q3 EPS of 55 cents, beating estimates of 53 cents. The company's board also authorized $2 billion in stock repurchases through 2025. Stifel analyst Steven Wieczynski maintained a Buy rating for LVS and raised the price target from $69 to $70.

Portfolio Pulse from Adam Eckert

October 19, 2023 | 2:53 pm

FUBO

Shares of FuboTV Inc (NASDAQ:FUBO) are trading higher by 3.7% to $2.55, in sympathy with Netflix Inc, which reported better-than-expected Q3 sales results and raised some subscription prices. The success of Netflix signals a positive sentiment and growth potential within the streaming industry as a whole, which is beneficial for FuboTV. FuboTV has a 52-week high of $3.94 and a 52-week low of $0.96.

Portfolio Pulse from Henry Khederian

October 19, 2023 | 2:52 pm

T

VZ

Verizon Communications Inc. (VZ) shares are trading higher by 1.6% to $31.54, in sympathy with peer telecommunication company AT&T Inc. (T) after it reported better-than-expected Q3 financial results. AT&T's strong performance can positively affect investor sentiment towards the entire telecom sector, potentially benefiting Verizon due to similar infrastructure.

Portfolio Pulse from Henry Khederian

October 19, 2023 | 2:51 pm

UNP

Union Pacific Corporation reported a 10% YoY decline in Q3 FY23 operating revenue to $5.941 billion, missing the consensus of $5.99 billion. The decrease was due to reduced fuel surcharge revenue, lower volumes, and business mix, partially offset by core pricing gains. EPS was $2.51, beating the consensus of $2.44. The company expects softness in consumer-related volumes to likely drive full-year volume expectations below Industrial Production. UNP shares are trading higher by 2.81% at $211.70.

Portfolio Pulse from Akanksha Bakshi

October 19, 2023 | 2:41 pm