Streetbeat News

Earnings

AEE

OGS

PNM

The most accurate Wall Street analysts recommend holding three high-yielding utility stocks: Ameren Corporation (AEE), PNM Resources (PNM), and ONE Gas (OGS). These stocks have dividend yields of 3.18%, 3.32%, and 3.59% respectively. Recent news for these companies include better-than-expected quarterly results for Ameren and PNM Resources, while ONE Gas posted weaker-than-expected results.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 12:37 pm

BSX

Boston Scientific Corporation (NYSE:BSX) will host an Investor Day meeting on September 20, 2023, to review its financial goals and long-term growth strategies. The company's H1 2023 results exceeded expectations, demonstrating the strength of its category leadership strategy. The Investor Day meeting will be held in a hybrid format, both in person and online. The company will also webcast its Q3 2023 results conference call on October 26, 2023.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:35 pm

CRMT

America's Car-Mart (NASDAQ:CRMT) reported Q1 earnings of $0.63 per share, missing the analyst consensus estimate of $0.98 by 35.71%. This is a 68.5% decrease from the same period last year. However, the company reported quarterly sales of $368.00 million, beating the analyst consensus estimate of $364.84 million by 0.87%. This is a 6.70% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:32 pm

AGBA

AMTD

FOA

GDOT

MRAI

The article lists five financial stocks that are currently oversold, presenting a potential buying opportunity. These include Finance Of America Companies Inc. (FOA), AMTD IDEA Group (AMTD), Green Dot Corporation (GDOT), Marpai, Inc. (MRAI), and AGBA Group Holding Limited (AGBA). All these companies have an RSI value below 30, indicating they are oversold. The companies have recently posted their quarterly results, with some showing losses and others reporting better-than-expected results.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 12:31 pm

PROC

Procaps Gr (NASDAQ:PROC) reported Q2 sales of $110.00 million, missing the analyst consensus estimate of $112.40 million by 2.14 percent. This represents a 2.15 percent decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:26 pm

DELL

Dell Technologies Inc. reported better-than-expected Q2 results and raised its yearly outlook. The company reported earnings of $1.74 per share, beating the analyst consensus estimate of $1.14, and sales of $22.93 billion, beating the estimate of $20.85 billion. However, this represents a 13.21% decline compared to the same quarter last year. Dell offers an annual dividend yield of 2.17%, which is a quarterly dividend amount of $0.37 a share. To earn $500 per month from dividends, an investment of approximately $276,442 or around 4,054 shares is needed.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 12:05 pm

WBD

Warner Bros. Discovery (WBD) has revised its FY23 guidance due to ongoing WGA and SAG-AFTRA strikes. The company expects adjusted EBITDA to be negatively impacted by $300M-$500M, but raises its free cash flow expectations to at least $5B, partly due to Barbie's strong performance. WBD also expects Q3 free cash flow to exceed $1.7B.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 11:49 am

BRC

Brady Corp has projected its adjusted EPS for FY24 to be between $3.85 and $4.10, which is higher than the estimated $3.84.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 11:13 am

BRC

Brady Corporation (NYSE:BRC) reported Q4 earnings of $1.04 per share, beating the analyst consensus estimate of $0.90 by 15.56%. This is a 19.54% increase from the same period last year. The company also reported quarterly sales of $345.93 million, beating the analyst consensus estimate of $329.19 million by 5.08%. This is a 6.77% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 11:11 am

BRC

Brady Corp (NYSE:BRC) has announced a 2.2% increase in its annual dividend to shareholders, from $0.92 to $0.94 per share. This marks the 38th consecutive annual increase in dividends. The company also reported a slight decline in Q3 FY23 sales and raised the lower end of its FY23 EPS outlook. Brady will report 4Q FY23 earnings today.

Portfolio Pulse from Shivani Kumaresan

September 05, 2023 | 10:47 am