Streetbeat News

Earnings

BBY

Best Buy Co Inc (NYSE:BBY) reported better-than-expected Q2 results with sales of $9.58 billion and adjusted EPS of $1.22. However, the company revised its FY24 revenue guidance to $43.80 billion-$44.50 billion and expects a comparable sales decline of 4.5% to 6.0%. Following the results, Telsey Advisory Group, Wedbush, and UBS revised their price targets on Best Buy.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 3:15 pm

AGO

FNF

Assured Guaranty (NYSE:AGO) is set to distribute a dividend payout of $0.28 per share, resulting in an annualized dividend yield of 1.86%. The company has shown a steady increase in its dividend per share and earnings per share from 2019 to 2022. Fidelity National Finl (NYSE:FNF) has the highest annualized dividend yield at 4.40% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

NRT

SJT

North European Oil (NYSE:NRT) is issuing a dividend payout of $0.21 per share, resulting in an annualized dividend yield of 5.61%. The company has shown an upward trajectory in dividend per share and earnings per share from 2019 to 2022. San Juan Basin Royalty (NYSE:SJT) has the highest annualized dividend yield at 24.30% among industry peers.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

AY

ORA

Ormat Technologies (NYSE:ORA) is set to deliver a dividend payout of $0.12 per share, equating to an annualized dividend yield of 0.59%. The company has seen a growth in its dividend per share from $0.44 to $0.48 from 2019 to 2022, but a decrease in earnings per share from $1.73 to $1.31. Atlantica Sustainable (NASDAQ:AY) has a higher annualized dividend yield of 7.76%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

BOKF

TFC

BOK Financial (NASDAQ:BOKF) will issue a dividend payout of $0.54 per share, resulting in an annualized dividend yield of 2.42%. The company has seen an increase in dividend per share from 2019 to 2022, but a decrease in earnings per share over the same period. Truist Finl (NYSE:TFC) has the highest annualized dividend yield at 6.86% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

DHT

TRMD

DHT Holdings (NYSE:DHT) is set to issue a dividend payout of $0.35 per share, resulting in an annualized dividend yield of 14.26%. However, the company has seen a decline in its dividend per share from $0.20 in 2019 to $0.12 in 2022, and a decrease in earnings per share from $0.11 in 2019 to $-0.02 in 2022. This could indicate a challenging financial situation for the company.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

DLTH

Duluth Holdings (NASDAQ:DLTH) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $0.00. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $7.38 as of August 29, with a 52-week decrease of 14.5%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:02 pm

JILL

J.Jill (NYSE:JILL) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $0.80. The company's past performance shows a pattern of share price drops following earnings beats. Shares of J.Jill were trading at $23.74 as of August 29, with a 52-week increase of 40.53%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:01 pm

GMS

GMS (NYSE:GMS) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $2.38. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $72.44, up 57.48% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:01 pm

ESTC

Elastic (NYSE:ESTC) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $0.11. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.88% increase in share price. However, the stock has been down 26.2% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:01 pm