Richardson Electronics last issued its quarterly earnings data on July 19th, 2023. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.08. The business had revenue of $58.83 million for the quarter, compared to the consensus estimate of $61.50 million. Richardson Electronics has generated $1.55 earnings per share over the last year ($1.55 diluted earnings per share) and currently has a price-to-earnings ratio of 7.0. Earnings for Richardson Electronics are expected to grow by 94.85% in the coming year, from $0.97 to $1.89 per share. All that, and a 2.2% dividend to boot. Not any insider buys however.
BlackRock increased its ownership by 240% last quarter. They own 5.72% of the company 8/11/2023 BlackRock Inc. 815,076 $13.45M 0.0% +240.9% 5.724% State Street increased its position too, albeit only a 1.1% ownership. 8/14/2023 State Street Corp 157,175 $2.59M 0.0% +259.5% 1.104%
You all remember a supplement stock trading around $40 in August? I can’t think of it’s name. Edited to add: BRBR https://companiesmarketcap.com/dietary-supplements/largest-companies-by-market-cap/
Any word on the collapse in utility stocks? I have a small position in UTG from years ago but that's it.
Sponsorship deal Next-? They need something after this U2 concert. SPHR Sphere Entertainment Co. $42.03 +4.87(+13.11%)2:27 PM 10/02/23 NYSE |$USD |Realtime
Thank you for bringing this to my attention. Higher yields bad for high yield stks? I would imagine any weakness has partially to do with that- Power grid? Hawaii Global warming this may just be tough times to be a utility. Then you get blamed when everything catches on fire.
Ted- kind of important we finish strong here even if it's just an up 10 sort of day on S&P./ Computers are lurking but we can fool them. We need what is known as a follow-thru day to keep the computers away. Could that be tomorrow?