Streetbeat News

Earnings

FRPT

Freshpet Inc reported Q2 FY23 sales growth of 25% YoY to $183.30 million, missing the analyst consensus estimate of $185.75 million. Gross profit increased 15.8% YoY to $59.2 million, with the margin contracting from 35% to 32.3%. The operating loss for the quarter widened to $(21.5) million from $(15.8) million last year. The company expects FY23 sales of about $750 million and adjusted EBITDA of at least $55 million.

Portfolio Pulse from Shivani Kumaresan

August 07, 2023 | 3:13 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

TSLA

YELL

Yellow Corporation (YELL) has filed for bankruptcy, causing its stock to surge by 861% in three days due to aggressive buying by the 'meme crowd'. Despite the bankruptcy, the meme crowd is urging further investment in YELL. The article also mentions that earnings have dropped by 5.2% compared to the same quarter last year, but the stock market is significantly higher. Money flows are positive for Amazon (AMZN), NVIDIA (NVDA), and Microsoft (MSFT), but negative for Alphabet (GOOG), Meta Platforms (META), Tesla (TSLA), and Apple (AAPL).

Portfolio Pulse from The Arora Report

August 07, 2023 | 3:08 pm

ABM

ARIS

ABM Indus (NYSE:ABM) is issuing a dividend payout of $0.22 per share, resulting in an annualized dividend yield of 1.94%. The company has seen an increase in dividend per share from $0.72 in 2019 to $0.81 in 2022, and an increase in earnings per share from $2.04 to $3.66 over the same period. Aris Water Solutions (NYSE:ARIS) has the highest annualized dividend yield in the industry at 3.09%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:05 pm

EBF

Ennis (NYSE:EBF) is set to distribute a dividend of $0.25 per share at the end of August 2023, reflecting an annualized dividend yield of 4.86%. The company has shown a positive financial trend from 2019 to 2022, with an increase in both dividend per share and earnings per share. This suggests Ennis's capacity to continue distributing profits to shareholders.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:05 pm

GLBZ

KFFB

Glen Burnie Bancorp (NASDAQ:GLBZ) is set to deliver a dividend payout of $0.10 per share, equating to an annualized dividend yield of 5.19%. The company has maintained a steady dividend per share of $0.40 from 2019 to 2022, and its earnings per share have increased from $0.48 in 2019 to $0.51 in 2022. Kentucky First Federal (NASDAQ:KFFB) has the highest annualized dividend yield at 6.45% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:05 pm

LKFN

NWBI

Lakeland Financial (NASDAQ:LKFN) is set to distribute a dividend payout of $0.46 per share, equating to an annualized dividend yield of 3.85%. The company has shown a positive trend in both dividend per share and earnings per share from 2019 to 2022. Northwest Bancshares (NASDAQ:NWBI) leads the industry with the highest annualized dividend yield at 6.66%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:05 pm

EGBN

OSBC

Old Second Bancorp (NASDAQ:OSBC) is set to distribute a dividend payout of $0.05 per share, resulting in an annualized dividend yield of 1.43%. The company has seen an increase in dividend per share from $0.04 in 2019 to $0.20 in 2022, and an increase in earnings per share from $1.28 to $1.47 over the same period. Eagle Bancorp (NASDAQ:EGBN) leads the industry with the highest annualized dividend yield at 6.62%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:05 pm

FRPT

Freshpet reported better-than-expected Q2 EPS results and issued FY23 revenue guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 2:52 pm

DISH

GTN

NCMI

NXST

Benzinga Insights has identified five value stocks in the communication services sector based on quantified analysis. These include National CineMedia (NCMI), Gray Television (GTN), DISH Network (DISH), Verizon Communications (VZ), and Nexstar Media Gr (NXST). The companies have shown varying performance in terms of earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 2:45 pm

TEAM

Atlassian Corp (NASDAQ:TEAM) shares are trading lower by 3.9% to $191.07, following strong performance last week. The company reported Q4 earnings of 57 cents per share, exceeding the analyst consensus estimate of 43 cents, a 111% increase YoY. Quarterly sales were $939.10 million, surpassing the analyst consensus estimate of $911.23 million by 3%, a 24% increase YoY. The company's co-founders and co-CEOs expressed confidence in their strategy and highlighted strong momentum in cloud migrations, enterprise sales, and the ITSM market.

Portfolio Pulse from Henry Khederian

August 07, 2023 | 2:45 pm