Streetbeat News

Earnings

AYTU

Aytu BioPharma reported Q4 losses of $(0.59) per share, beating the analyst consensus estimate of $(0.95) by 37.89%. The company also reported quarterly sales of $30.73 million, surpassing the analyst consensus estimate of $27.69 million by 10.99%. Both figures represent significant increases over the same period last year.

Portfolio Pulse from Happy Mohamed

September 28, 2023 | 3:48 pm

RNLX

Renalytix reported worse-than-expected FY23 revenue results and issued FY24 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 3:31 pm

BSET

Bassett Furniture Industries Inc (NASDAQ:BSET) reported a 26% YoY sales decline in Q3 FY23 to $87.22 million, beating the analyst consensus estimate of $86.95 million. The company's gross margin expanded 10 basis points to 51.6%, and operating loss for the quarter totaled $(3.8) million. Despite a 4.6% decline in wholesale orders, the company maintains a strong balance sheet with $65.8 million in cash and equivalents.

Portfolio Pulse from Shivani Kumaresan

September 28, 2023 | 3:30 pm

PAYX

Paychex Inc (NASDAQ:PAYX) reported a 7% YoY sales growth in Q1 FY24, slightly missing the analyst consensus estimate. However, its adjusted EPS of $1.14 beat the estimate. Following the earnings announcement, B of A Securities, TD Cowen, and Morgan Stanley raised their price targets on Paychex. Paychex shares gained 0.4% to trade at $116.96 on Thursday.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 3:22 pm

FNV

Franco-Nevada (NYSE:FNV) has announced a dividend payout of $0.34 per share, demonstrating an annualized dividend yield of 0.98%. The company has shown a notable growth in its dividend per share from $0.99 to $1.28 during 2019 to 2022. The earnings per share also increased from $1.47 in 2019 to $3.64 in 2022, indicating a strong financial position.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:05 pm

GILD

Gilead Sciences (NASDAQ:GILD) is set to deliver a dividend payout of $0.75 per share, equating to an annualized dividend yield of 3.96%. The company's dividend per share has been increasing from 2019 to 2022, while its earnings per share have been decreasing over the same period. This suggests that Gilead Sciences is prioritizing the distribution of profits to investors despite a decline in profitability.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:05 pm

JKHY

Jack Henry & Associates (NASDAQ:JKHY) has announced a dividend payout of $0.52 per share, reflecting an annualized dividend yield of 1.34%. The company has shown a steady increase in its dividend per share from $1.60 to $1.96 between 2019 and 2022. Additionally, the company's earnings per share have grown from $3.60 to $5.02 during the same period, indicating a healthy financial status and potential for further dividend payouts.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:05 pm

NVDA

UMC

NVIDIA (NASDAQ:NVDA) will pay a dividend of $0.04 per share on September 28, 2023, with an annualized dividend yield of 0.04%. The company's dividend per share decreased from $0.60 in 2019 to $0.16 in 2022, while earnings per share increased from $1.18 in 2019 to $3.77 in 2022. United Microelectronics (NYSE:UMC) has a higher annualized dividend yield of 8.48%.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:05 pm

AGI

Alamos Gold (NYSE:AGI) is distributing a dividend payout of $0.03 per share, demonstrating an annualized dividend yield of 0.80%. The company has shown a notable growth in its dividend per share from $0.04 to $0.10 during 2019 to 2022. Additionally, its earnings per share have risen from $0.15 to $0.28 in the same period, indicating a strong financial position.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:05 pm

MU

NVDA

Micron Technology Inc (NASDAQ:MU) has guided for a wider than expected first-quarter loss, causing its shares to drop 2.4%. The company is working to become a supplier to Nvidia Corporation (NASDAQ:NVDA), a leader in the AI market. Micron's fourth quarter revenue topped estimates but still marked a 40% drop due to a security review by China's Cyberspace Administration. The company expects a positive gross margin in the second half of fiscal 2024.

Portfolio Pulse from Upwallstreet

September 28, 2023 | 3:03 pm