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SSTK

Shutterstock, Inc. (NYSE: SSTK) has announced an 11% increase in its quarterly dividend to $0.30 per share, payable on March 14, 2024, to shareholders of record as of February 29, 2024. The previous dividend was $0.27 per share.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:05 pm

MBUU

Malibu Boats, Inc. (NASDAQ:MBUU) reported Q2 adjusted EPS of $0.57, surpassing the $0.47 estimate, but experienced a significant year-over-year decline in earnings and sales. Sales for the quarter were $211.07M, falling short of the $219.70M estimate and showing a 37.69% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:04 pm

TSVT

2seventy bio has announced a new strategic direction, which will concentrate solely on the commercialization and development of Abecma, its cell therapy for multiple myeloma. The company is streamlining its focus to enhance its position in the cell therapy market and potentially improve its financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:04 pm

OSK

Oshkosh Corporation has declared a 12% increase in its quarterly cash dividend, raising it to $0.46 per share. This announcement reflects the company's confidence in its financial stability and commitment to delivering shareholder value.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:02 pm

STT

Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on State Street Corporation (NYSE:STT) and increased the price target from $83 to $88.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:01 pm

JCI

Johnson Controls anticipates its Q2 organic revenue to be approximately flat year-over-year, with an adjusted EPS before special items estimated to be in the range of $0.74-$0.78, which is in line with the estimate of $0.78.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:01 pm

AOS

A.O. Smith Corporation (NYSE:AOS) reported Q4 adjusted earnings per share (EPS) of $0.97, surpassing the consensus estimate of $0.95 by 2.11%. This represents a 12.79% increase from the previous year's EPS of $0.86. Quarterly sales reached $988.10 million, exceeding estimates of $983.30 million by 0.49% and marking a 5.55% increase from the prior year's $936.10 million.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:58 am

PNR

Pentair (NYSE:PNR) reported Q4 adjusted earnings of $0.87 per share, surpassing the consensus estimate of $0.86, marking a 6.1% increase from the previous year. Quarterly sales reached $984.60 billion, significantly beating estimates of $976.03 million and showing a substantial increase from $1.00 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:57 am

JCI

Johnson Controls Intl (JCI) reported Q1 adjusted EPS of $0.51, meeting analyst estimates but marking a 23.88% decrease from the previous year. Sales reached $6.09B, slightly missing the $6.12B estimate, yet showing a 0.43% increase from the prior year.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:56 am

ITRM

Trading on the stock ITRM has been halted at 6:55 a.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material information.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:55 am