Streetbeat News

Earnings

CODI

Compass Diversified Hldgs (NYSE:CODI) will distribute a dividend payout of $0.25 per share on July 27, 2023, equating to an annualized dividend yield of 4.64%. The company's dividend per share has decreased from $1.44 to $1.00 from 2019 to 2022, while its earnings per share have increased from $-0.63 to $2.21 in the same period. This suggests a strategic decision to reinvest profits into the company's operations.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 3:06 pm

BSX

Boston Scientific Corp (NYSE:BSX) reported Q2 revenues of $3.59 billion, surpassing Wall Street's estimate of $3.50 billion. The company's adjusted EPS was $0.53, beating the consensus of $0.49. However, Boston Scientific terminated its $230 million plan to acquire a majority stake in M.I. Tech due to regulatory hurdles. The company revised its FY23 revenue growth guidance to 10.5%-11.5% and forecasts an adjusted EPS of $1.96-$2.00.

Portfolio Pulse from Vandana Singh

July 27, 2023 | 3:05 pm

GFL

GFL Environmental's shares are trading lower following the company's Q2 revenue results, which were below expectations.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 3:05 pm

GTLS

Chart Industries (NYSE:GTLS) is set to release its quarterly earnings report on 2023-07-28, with analysts estimating an EPS of $0.93. The company's past performance shows a trend of beating EPS estimates. However, the share price has seen a general decline over the last 52-week period, with shares down 17.82%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 3:04 pm

META

Analysts have mixed opinions on Meta Platforms (NASDAQ:META) following its Q2 financial results. Morgan Stanley, RBC Capital, and Guggenheim analysts have positive outlooks, raising their price targets and highlighting the impact of AI initiatives and the launch of Threads. However, Benchmark and Needham analysts express concerns over potential share gains in 2023 and increased spending.

Portfolio Pulse from Chris Katje

July 27, 2023 | 3:04 pm

CRI

Carter's (NYSE:CRI) is set to release its quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $0.53. The company's past performance saw an EPS beat by $0.39, followed by a 0.0% drop in share price. Carter's shares were trading at $75.38 as of July 26, with a 52-week increase of 7.92%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 3:04 pm

NWL

Newell Brands (NASDAQ:NWL) is set to release its quarterly earnings report on 2023-07-28, with analysts estimating an EPS of $0.13. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $10.46, down 48.1% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 3:04 pm

NVT

nVent Electric (NYSE:NVT) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $0.68. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $52.23 and has seen a 50.06% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 3:04 pm

RS

Reliance Steel & Aluminum reported worse-than-expected Q2 financial results, leading to a drop in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 3:03 pm

DAN

Dana (NYSE:DAN) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $0.17. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $18.98, up 13.63% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 3:03 pm