Streetbeat News

Earnings

DAVA

Endava reported better-than-expected Q4 financial results and issued guidance, leading to a reversal in its share price from losses to gains.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:50 pm

SFIX

Stitch Fix's shares are trading higher despite mixed Q4 results.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:41 pm

TUP

Tupperware Brands (TUP) has seen a significant option alert for November 17 $2 calls. A total of 1546 contracts were traded at $0.35, compared to an open interest of 9. The company is expected to release its earnings on November 1 before the market opens.

Portfolio Pulse from Charles Gross

September 19, 2023 | 3:20 pm

MFC

Manulife Financial (NYSE:MFC) is set to distribute a dividend payout of $0.36 per share, resulting in an annualized dividend yield of 5.60%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.00 to $1.32. Additionally, Manulife Financial has demonstrated an upward trend in earnings, with earnings per share rising from $1.94 to $2.40 from 2019 to 2022.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:06 pm

SWK

Stanley Black & Decker (NYSE:SWK) is distributing a dividend payout of $0.81 per share, demonstrating an annualized dividend yield of 3.34%. The company has been increasing its dividend per share from $2.70 in 2019 to $3.18 in 2022. However, its earnings per share have decreased from $8.32 in 2019 to $6.77 in 2022. Despite the decline in profitability, the company continues to distribute profits to investors.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:05 pm

PRGO

Perrigo (NYSE:PRGO) is distributing a dividend payout of $0.27 per share, demonstrating an annualized dividend yield of 3.00%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.82 to $1.04. However, the company's earnings per share have declined from $3.94 in 2019 to $1.92 in 2022, raising concerns for income-seeking investors.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:05 pm

MFC

Manulife Financial (NYSE:MFC) is set to deliver a dividend payout of $0.36 per share, equating to an annualized dividend yield of 5.60%. The company's dividend per share and earnings per share have shown a positive trend from 2019 to 2022, indicating a healthy financial status and potential for future cash dividend payout increases.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:05 pm

BRBS

PWOD

Penns Woods Bancorp (NASDAQ:PWOD) is distributing a dividend payout of $0.32 per share, translating to an annualized dividend yield of 4.98%. The company's dividend per share has decreased from $1.73 in 2019 to $1.28 in 2022, while earnings per share have increased from $2.42 to $2.51 over the same period. The company's dividend yield is mid-range compared to its industry peers, with Blue Ridge Bankshares (NYSE:BRBS) having the highest annualized dividend yield at 7.21%.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:05 pm

DIS

Disney's film 'Elemental' has performed well both in cinemas and on its Disney+ streaming platform, despite the company's overall struggle at the box office in 2023. The film grossed $154.3 million domestically and $486.7 million worldwide, and amassed 26.4 million views in its first five days on Disney+. This success comes after Disney announced a $1.99 per month promotion for a basic streaming package with ads. Disney's direct-to-consumer revenue was $5.5 billion in the third quarter, up 9% year-over-year.

Portfolio Pulse from Chris Katje

September 19, 2023 | 3:04 pm

EDXC

Endexx Corporation reported a 1013% YoY increase in its quarterly earnings, with revenues of over $2.8 million. The company plans to raise additional capital for aggressive marketing of its hemp cannabidiol products and to sustain operations until profitability is achieved.

Portfolio Pulse from Jelena Martinovic

September 19, 2023 | 3:01 pm