Streetbeat News

Earnings

CAAP

Corporacion America reported strong Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:09 pm

AIU

DE

HE

JFIN

NAUT

TLSI

TMC

US stocks traded down with the Nasdaq Composite falling more than 101 points. Deere & Company reported better than expected Q3 results and raised its fiscal 2023 guidance, but its stock declined 3.9% due to concerns over the end of the agricultural equipment demand boom. Other stocks mentioned include Nautilus Biotechnology, Meta Data Ltd, Hawaiian Electric Industries, TriSalus Life Sciences, Jiayin Group, and TMC The Metals Company.

Portfolio Pulse from Lisa Levin

August 18, 2023 | 3:08 pm

TUP

Tupperware Brands (TUP) has seen a significant option alert for August 25 $2.5 calls. There was a sweep of 2000 contracts at $0.2, compared to an open interest of 391 contracts. The company is expected to announce earnings on August 29 before the market opens.

Portfolio Pulse from Charles Gross

August 18, 2023 | 3:07 pm

XTXXF

Adastra Holdings Ltd. reported Q2 2023 financial results, with net revenue of CA$7.1 million, up by 132.68% YoY, attributed to increased throughput at the Langley facility. However, the net loss also increased by 124% to CA$1.07 million. The company's operating expenses as a percentage of revenue decreased from 42% in Q2 2022 to 21% in Q2 2023, while the cash position increased to CA$2M.

Portfolio Pulse from Nina Zdinjak

August 18, 2023 | 3:07 pm

ALX

Alexander's (NYSE:ALX) is set to deliver a dividend payout of $4.50 per share, equating to an annualized dividend yield of 9.71%. The company has maintained a consistent dividend per share of $18.00 from 2019 to 2022. However, there has been a decrease in Alexander's earnings per share from $19.38 in 2019 to $17.20 in 2022, which may impact future dividend payments.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

CWT

WTRG

California Water Servs Gr (NYSE:CWT) will distribute a dividend payout of $0.26 per share, translating to an annualized dividend yield of 1.96%. The company has seen a growth in its dividend per share from $0.79 to $1.00 from 2019 to 2022, and an increase in earnings per share from $1.39 to $1.48. Essential Utilities (NYSE:WTRG) has the highest annualized dividend yield at 3.28% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BCBP

PCB

PCB Bancorp (NASDAQ:PCB) is set to distribute a dividend of $0.18 per share, leading to an annualized dividend yield of 4.32%. The company has shown a steady increase in its dividend per share from $0.25 in 2019 to $0.60 in 2022. Additionally, PCB Bancorp's earnings per share have also increased from $1.63 in 2019 to $2.43 in 2022. BCB Bancorp (NASDAQ:BCBP) is mentioned as having the highest annualized dividend yield at 5.49% among industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BKR

USAC

Baker Hughes (NASDAQ:BKR) will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 2.25%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $0.72 to $0.73. However, its earnings per share have decreased from $0.82 in 2019 to $0.77 in 2022. USA Compression Partners (NYSE:USAC) has the highest annualized dividend yield at 10.31% among industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BGFV

PETS

PetMed Express (NASDAQ:PETS) is set to issue a dividend payout of $0.30 per share, resulting in an annualized dividend yield of 8.46%. The company has seen a growth in its dividend per share from $1.08 to $1.20 from 2019 to 2022. However, its earnings per share decreased from $1.29 in 2019 to $0.78 in 2022. The company's dividend yield is mid-range compared to its industry peers, with Big 5 Sporting Goods (NASDAQ:BGFV) having the highest annualized dividend yield at 11.49%.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

GLOB

Globant reported better-than-expected Q2 results and issued strong guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:02 pm