Streetbeat News

Earnings

LEVI

Levi Strauss & Co reported better-than-expected Q3 earnings but missed sales estimates and lowered its yearly guidance. The company's dividend yield is currently 3.66%, with a quarterly dividend of 12 cents a share. To earn $500 monthly from Levi Strauss dividends, an investor would need to own approximately $163,750 worth of Levi Strauss, or 12,500 shares. The article also explains how dividend yield can change over time due to fluctuations in the stock price and dividend payment.

Portfolio Pulse from Priya Nigam

October 09, 2023 | 12:45 pm

APLD

Applied Digital reported better-than-expected Q1 financial results and reaffirmed its guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:44 pm

ALIT

JCI

MESA

MTZ

SWK

The article lists the top 5 oversold stocks in the industrials sector that may present a buying opportunity in October. The stocks mentioned are Stanley Black & Decker, Inc. (SWK), MasTec, Inc. (MTZ), Alight, Inc. (ALIT), Johnson Controls International plc (JCI), and Mesa Air Group, Inc. (MESA). The companies have reported mixed financial results for their recent quarters.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 12:43 pm

TYGO

Tigo Energy has revised its preliminary Q3 revenue outlook to $17M-$18M, down from the previous estimate of $41M-$45M.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:34 pm

APLD

LEVI

PXD

SAR

XOM

The CNN Money Fear and Greed index moved from 'Extreme Fear' to 'Fear' following the release of recent jobs data. U.S. stocks settled higher on Friday, with the S&P 500 closing the week higher by around 0.48%, while the Dow Jones closed down 0.30% last week. Levi Strauss & Co (NYSE:LEVI) shares fell 0.8% on Friday following third-quarter results, while Pioneer Natural Resources Company (NYSE:PXD) shares jumped more than 10% following a report suggesting Exxon Mobil Corporation (NYSE:XOM) is nearing a $60 billion deal to buy the company. Investors are awaiting earnings results from Saratoga Investment Corp. (NYSE:SAR) and Applied Digital Corporation (NASDAQ:APLD) on Monday.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 12:31 pm

CLMB

Climb Global Solutions, Inc. (NASDAQ:CLMB) has acquired DataSolutions Holdings Limited, a leading IT and security solutions distributor in Ireland and the UK, for $16.3 million. The acquisition is expected to be accretive to earnings and adjusted EBITDA. DataSolutions brings its robust share of the Irish and UK markets to Climb, along with 14 blue-chip vendor partners. The acquisition is expected to enhance Climb's gross profit and adjusted EBITDA margins, and fortify its foundation for long-term growth.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:31 pm

PEP

SYY

Wall Street's most accurate analysts have recommended three high-dividend yield stocks in the consumer staples sector: Sysco Corporation (SYY), PepsiCo, Inc. (PEP), and The Coca-Cola Company (KO). Sysco recently reported a 4.1% YoY sales growth in Q4 FY23, missing consensus. PepsiCo and Coca-Cola are scheduled to release their Q3 2023 financial results on October 10 and 24, respectively.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 12:26 pm

INTU

JWN

MRNA

PDCO

Insiders at Moderna, Inc. (MRNA), Patterson Companies, Inc. (PDCO), Intuit Inc. (INTU), and Nordstrom, Inc. (JWN) have recently sold shares. While insider sales can sometimes indicate concern about a company's prospects or overvaluation, they should not be the sole basis for investment decisions. Moderna announced positive data for its combination flu and Covid-19 vaccine, Patterson Companies reported Q1 net sales of $1.58 billion, Intuit reported Q4 EPS of $1.65 and sales of $2.71 billion, and Nordstrom reported Q2 earnings of 84 cents per share.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 12:24 pm

APLD

Applied Digital reported its Q1 adjusted earnings per share (EPS) to be less than $0.01.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:15 pm

APLD

Applied Digital (NASDAQ:APLD) reported Q1 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.02) by 150 percent. This is a 125 percent increase over losses of $(0.04) per share from the same period last year. The company also reported quarterly sales of $36.30 million, beating the analyst consensus estimate of $34.58 million by 4.97 percent. This is a 424.26 percent increase over sales of $6.92 million the same period last year.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:02 pm