Ultime notizie per LSI Industries (NASDAQ:LYTS) Azioni

LSI Industries

LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays and custom display elements.

LSI Industries Inc

LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.23 by 13.04 percent. The company reported quarterly sales of $138.09 million which beat the analyst consensus estimate of $134.86 million by 2.40 percent. This is a 11.87 percent increase over sales of $123.44 million the same period last year.

Earnings

Earnings Beats

News

LYTS

LSI Industries Q1 2025 Adj EPS $0.26 Beats $0.23 Estimate, Sales $138.09M Beat $134.86M Estimate

HC Wainwright &amp; Co. analyst Amit Dayal reiterates LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) with a Buy and maintains $20 price target.

Price Target

Reiteration

Analyst Ratings

HC Wainwright & Co. Reiterates Buy on LSI Industries, Maintains $20 Price Target

LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.23 by 4.35 percent. The company reported quarterly sales of $129.007 million which beat the analyst consensus estimate of $126.994 million by 1.58 percent. This is a 4.34 percent increase over sales of $123.636 million the same period last year.

LSI Industries Q4 2024 Adj. EPS $0.24 Beats $0.23 Estimate, Sales $129.007M Beat $126.994M Estimate

<h3>Gainers</h3>
<ul>
<li>Paylocity Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>) stock increased by 12.3% to $168.0 during Thursday's after-market session. The company's market cap stands at $9.4 billion. The company's, Q3 earnings came out today. </li>
<li>iSun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISUN#NASDAQ">ISUN</a>) shares moved upwards by 5.03% to $0.15. </li>
<li>Richtech Robotics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) stock rose 4.47% to $1.4. The company's market cap stands at $92.7 million. </li>
<li>Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) stock moved upwards by 4.01% to $28.21. The market value of their outstanding shares is at $865.5 million. As per the press release, Q2 earnings came out today. </li>
<li>Velo3D (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLD#NYSE">VLD</a>) stock rose 3.86% to $0.24. The market value of their outstanding shares is at $70.7 million. </li>
<li>Greenwave Tech Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) stock moved upwards by 3.71% to $0.06. The market value of their outstanding shares is at $9.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Terran Orbital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLAP#NYSE">LLAP</a>) stock declined by 19.4% to $1.04 during Thursday's after-market session. The company's market cap stands at $209.9 million. </li>
<li>AAON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAON#NASDAQ">AAON</a>) shares decreased by 13.59% to $78.54. The market value of their outstanding shares is at $6.4 billion. The company's, Q1 earnings came out today. </li>
<li>Stem (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) stock decreased by 13.09% to $1.66. The company's market cap stands at $268.1 million. The company's, Q1 earnings came out today. </li>
<li>LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) stock decreased by 8.79% to $13.61. The market value of their outstanding shares is at $395.6 million. </li>
<li>Custom Truck One Source (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTOS#NYSE">CTOS</a>) shares fell 8.17% to $4.5. The market value of their outstanding shares is at $1.0 billion. As per the press release, Q1 earnings came out today. </li>
<li>JanOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAN#NASDAQ">JAN</a>) shares fell 6.88% to $3.66. The market value of their outstanding shares is at $31.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AAON

CTOS

GWAV

ISUN

LLAP

MATW

PCTY

STEM

12 Industrials Stocks Moving In Thursday's After-Market Session

Canaccord Genuity analyst George Gianarikas maintains LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) with a Buy and raises the price target from $17 to $18.

Canaccord Genuity Maintains Buy on LSI Industries, Raises Price Target to $18

LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) reported quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.15 by 40 percent. This is a 10.53 percent increase over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $108.186 million which beat the analyst consensus estimate of $105.571 million by 2.48 percent. This is a 7.90 percent decrease over sales of $117.470 million the same period last year.

LSI Industries Q3 2024 Adj EPS $0.21 Beats $0.15 Estimate, Sales $108.186M Beat $105.571M Estimate

Florida-based EMI is a metal and millwork manufacturer of standard and customized fixtures, displays, and food equipment for the convenience store, grocery, and restaurant industries.&nbsp;As part of the transaction, the Company will welcome EMI&#39;s more than 300 employees to LSI
&quot;As outlined within our&nbsp;Fast Forward&nbsp;strategic plan, LSI intends to drive net sales growth by more than&nbsp;60%&nbsp;between fiscal year 2023 and fiscal year 2028, with approximately half of this growth supported by acquisition-related contributions,&quot; said&nbsp;James A. Clark, President and Chief Executive Officer.&nbsp;
Upon closing, the transaction will be immediately accretive to LSI on an adjusted earnings per share basis.

LSI Industries Acquires Privately Held EMI Industries For An All-Cash Purchase Price Of $50M

Thursday marks the last chance for investors to receive the next dividend payout from LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 5 cents per share. On Friday, LSI Industries will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own LYTS as of the end of Thursday's session are eligible to receive the 5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on February 13, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/LYTS">See current stock movements LSI Industries on Benzinga.</a>

Dividends

LSI Industries: Dividend Insights

LSI Industries Declares Regular Cash Dividend Of $0.05 Per Share Payable February 13, 2024, To Shareholders Of Record On February 5, 2024.

LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) reported adjusted quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.17 by 23.53 percent. This is a 19.23 percent decrease over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $109.00 million which missed the analyst consensus estimate of $114.67 million by 4.94 percent. This is a 15.37 percent decrease over sales of $128.80 million the same period last year.

LSI Industries Q2 Adj. EPS $0.21 Beats $0.17 Estimate, Sales $109.00M Miss $114.67M Estimate

<h3>Companies Reporting Before The Bell</h3>
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&bull; Popular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPOP#NASDAQ">BPOP</a>) is likely to report quarterly earnings at $1.61 per share on revenue of $538.72 million.
&bull; Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) is estimated to report quarterly earnings at $0.85 per share on revenue of $657.10 million.
&bull; Berkshire Hills Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHLB#NYSE">BHLB</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $94.52 million.
&bull; NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) is projected to report quarterly earnings at $0.37 per share on revenue of $198.38 million.
&bull; NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $5.70 billion.
&bull; Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $286.54 million.
&bull; Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) is estimated to report quarterly earnings at $0.96 per share on revenue of $2.57 billion.
&bull; Global X Guru Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GURU#NYSE">GURU</a>) is estimated to report earnings for its fourth quarter.
&bull; Bread Finl Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFH#NYSE">BFH</a>) is projected to report quarterly loss at $0.84 per share on revenue of $988.92 million.
&bull; MarineMax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HZO#NYSE">HZO</a>) is projected to report quarterly earnings at $0.50 per share on revenue of $521.28 million.
&bull; Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $6.74 billion.
&bull; CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) is estimated to report quarterly earnings at $0.29 per share on revenue of $400.13 million.
&bull; Humana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) is expected to report quarterly earnings at $1.82 per share on revenue of $25.39 billion.
&bull; Valero Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>) is expected to report quarterly earnings at $2.95 per share on revenue of $35.69 billion.
&bull; McCormick &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>) is estimated to report quarterly earnings at $0.79 per share on revenue of $1.79 billion.
&bull; Murphy Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUR#NYSE">MUR</a>) is likely to report quarterly earnings at $1.00 per share on revenue of $855.99 million.
&bull; Banc of California (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BANC#NYSE">BANC</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $170.60 million.
&bull; STMicroelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $4.31 billion.
&bull; Lakeland Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBAI#NASDAQ">LBAI</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $73.80 million.
&bull; Heritage Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HFWA#NASDAQ">HFWA</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $62.03 million.
&bull; Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) is likely to report quarterly earnings at $2.57 per share on revenue of $6.05 billion.
&bull; S&amp;T Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBA#NASDAQ">STBA</a>) is likely to report quarterly earnings at $0.86 per share on revenue of $99.77 million.
&bull; LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) is expected to report quarterly earnings at $0.17 per share on revenue of $114.67 million.
&bull; Comcast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) is likely to report quarterly earnings at $0.79 per share on revenue of $30.50 billion.
&bull; Northrop Grumman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) is likely to report quarterly earnings at $5.80 per share on revenue of $10.44 billion.
&bull; Mobileye Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $639.80 million.
&bull; Dow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $10.37 billion.
&bull; Xerox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $1.79 billion.
&bull; Old Republic Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORI#NYSE">ORI</a>) is projected to report quarterly earnings at $0.71 per share on revenue of $1.97 billion.
&bull; OSI Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSIS#NASDAQ">OSIS</a>) is projected to report quarterly earnings at $1.74 per share on revenue of $362.55 million.
&bull; Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) is likely to report quarterly earnings at $1.80 per share on revenue of $5.22 billion.
&bull; Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) is expected to report quarterly earnings at $1.63 per share on revenue of $5.54 billion.
&bull; TAL Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) is projected to report quarterly earnings at $0.02 per share on revenue of $331.17 million.
&bull; Valley Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NASDAQ">VLY</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $468.14 million.
&bull; Applied Industrial Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIT#NYSE">AIT</a>) is likely to report quarterly earnings at $2.11 per share on revenue of $1.06 billion.
&bull; American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $13.02 billion.
&bull; NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) is expected to report quarterly earnings at $0.16 per share on revenue of $343.45 million.
&bull; Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) is estimated to report quarterly earnings at $0.18 per share on revenue of $2.55 billion.
&bull; ConnectOne Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNOB#NASDAQ">CNOB</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $63.03 million.
&bull; Amalgamated Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAL#NASDAQ">AMAL</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $71.39 million.
&bull; Eagle Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXP#NYSE">EXP</a>) is likely to report quarterly earnings at $3.55 per share on revenue of $536.57 million.
&bull; First Foundation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFWM#NYSE">FFWM</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $62.81 million.
&bull; RPC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RES#NYSE">RES</a>) is likely to report quarterly earnings at $0.18 per share on revenue of $370.73 million.
&bull; Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBCP#NASDAQ">IBCP</a>) is likely to report quarterly earnings at $0.70 per share on revenue of $40.11 million.
&bull; Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) is estimated to report quarterly earnings at $0.85 per share on revenue of $4.01 billion.
&bull; First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) is expected to report quarterly earnings at $0.87 per share on revenue of $165.48 million.
&bull; Lakeland Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKFN#NASDAQ">LKFN</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $59.98 million.
&bull; Marine Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPX#NYSE">MPX</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $54.78 million.
&bull; West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTBA#NASDAQ">WTBA</a>) is projected to report quarterly earnings at $0.31 per share on revenue of $18.82 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Western Alliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) is projected to report quarterly earnings at $1.88 per share on revenue of $699.44 million.
&bull; Glacier Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $167.16 million.
&bull; Federated Hermes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHI#NYSE">FHI</a>) is expected to report quarterly earnings at $0.83 per share on revenue of $396.98 million.
&bull; CVRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVRX#NASDAQ">CVRX</a>) is expected to report quarterly loss at $0.54 per share on revenue of $11.14 million.
&bull; Fair Isaac (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>) is estimated to report quarterly earnings at $5.06 per share on revenue of $390.89 million.
&bull; Levi Strauss (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) is likely to report quarterly earnings at $0.43 per share on revenue of $1.66 billion.
&bull; Western Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) is estimated to report quarterly loss at $1.13 per share on revenue of $2.99 billion.
&bull; AppFolio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPF#NASDAQ">APPF</a>) is expected to report quarterly earnings at $0.72 per share on revenue of $162.71 million.
&bull; Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) is projected to report quarterly earnings at $2.34 per share on revenue of $8.54 billion.
&bull; L3Harris Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) is estimated to report quarterly earnings at $3.31 per share on revenue of $5.29 billion.
&bull; Marten Transport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRTN#NASDAQ">MRTN</a>) is projected to report quarterly earnings at $0.18 per share on revenue of $271.62 million.
&bull; Taro Pharmaceutical Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TARO#NYSE">TARO</a>) is projected to report quarterly earnings at $0.30 per share on revenue of $154.91 million.
&bull; First of Long Island (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLIC#NASDAQ">FLIC</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $23.21 million.
&bull; USCB Financial Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/USCB#NASDAQ">USCB</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $17.25 million.
&bull; Third Coast Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBX#NASDAQ">TCBX</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $38.13 million.
&bull; First Western Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYFW#NASDAQ">MYFW</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $23.83 million.
&bull; Byline Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BY#NYSE">BY</a>) is expected to report quarterly earnings at $0.67 per share on revenue of $101.40 million.
&bull; T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) is projected to report quarterly earnings at $1.90 per share on revenue of $19.64 billion.
&bull; KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) is projected to report quarterly earnings at $5.91 per share on revenue of $2.46 billion.
&bull; SouthState (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSB#NYSE">SSB</a>) is likely to report quarterly earnings at $1.54 per share on revenue of $417.72 million.
&bull; Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) is expected to report quarterly earnings at $0.45 per share on revenue of $15.16 billion.
&bull; Flushing Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $48.12 million.
&bull; Weyerhaeuser (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>) is estimated to report quarterly earnings at $0.17 per share on revenue of $1.86 billion.
&bull; First Financial Bancor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFBC#NASDAQ">FFBC</a>) is expected to report quarterly earnings at $0.61 per share on revenue of $207.32 million.
&bull; Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) is likely to report quarterly earnings at $1.85 per share on revenue of $2.36 billion.
&bull; Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) is likely to report quarterly earnings at $2.64 per share on revenue of $9.46 billion.
&bull; Financial Institutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FISI#NASDAQ">FISI</a>) is likely to report quarterly earnings at $0.71 per share on revenue of $40.32 million.
&bull; Ameris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABCB#NASDAQ">ABCB</a>) is projected to report quarterly earnings at $1.10 per share on revenue of $264.66 million.
&bull; Hilltop Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTH#NYSE">HTH</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $113.80 million.
&bull; MidWestOne Financial Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOFG#NASDAQ">MOFG</a>) is likely to report quarterly earnings at $0.49 per share on revenue of $34.02 million.
&bull; Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBBK#NASDAQ">TBBK</a>) is projected to report quarterly earnings at $0.95 per share on revenue of $90.65 million.
&bull; Customers Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUBI#NYSE">CUBI</a>) is likely to report quarterly earnings at $1.72 per share on revenue of $173.26 million.
&bull; WSFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) is expected to report quarterly earnings at $1.05 per share on revenue of $177.61 million.
&bull; Olin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $1.52 billion.
&bull; Primis Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRST#NASDAQ">FRST</a>) is expected to report quarterly earnings at $0.28 per share on revenue of $27.05 million.
&bull; Provident Finl Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>) is projected to report quarterly earnings at $0.41 per share on revenue of $94.12 million.
&bull; Seacoast Banking (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBCF#NASDAQ">SBCF</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $135.57 million.
&bull; GSI Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIT#NASDAQ">GSIT</a>) is expected to report earnings for its third quarter.
&bull; Associated Banc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASB#NYSE">ASB</a>) is projected to report quarterly earnings at $0.52 per share on revenue of $275.24 million.
&bull; Midland States Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSBI#NASDAQ">MSBI</a>) is expected to report quarterly earnings at $0.79 per share on revenue of $75.49 million.
&bull; SB Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBFG#NASDAQ">SBFG</a>) is expected to report quarterly earnings at $0.35 per share on revenue of $9.40 million.
&bull; Eastern Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBC#NASDAQ">EBC</a>) is likely to report quarterly earnings at $0.20 per share on revenue of $129.71 million.
&bull; BayFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAFN#NASDAQ">BAFN</a>) is likely to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For January 25, 2024

LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) is set to give its latest quarterly earnings report on Thursday, 2024-01-25. Here's what investors need to know before the announcement.
Analysts estimate that LSI Industries will report an earnings per share (EPS) of $0.17. 
LSI Industries bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.05, which was followed by a 14.7% drop in the share price the next day.
Here's a look at LSI Industries's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.24</td>
<td>0.18</td>
<td>0.14</td>
<td>0.18</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.29</td>
<td>0.30</td>
<td>0.19</td>
<td>0.26</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-14.7%</td>
<td>5.11%</td>
<td>-0.24%</td>
<td>-3.87%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1706122878_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of LSI Industries were trading at $13.63 as of January 23. Over the last 52-week period, shares are down 8.88%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/LYTS/earnings">To track all earnings releases for LSI Industries visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For LSI Industries

By the end of today, November 21, 2023, LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) is set to deliver a dividend payout of $0.05 per share, equating to an annualized dividend yield of 1.34%. The company's dividend payout went ex-dividend on November 10, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout. 
<h3>LSI Industries Recent Dividend Payouts</h3>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
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 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-10</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.34%</td>
<td>2023-11-01</td>
<td>2023-11-13</td>
<td>2023-11-21</td>
</tr>
<tr>
<td>2023-08-25</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.57%</td>
<td>2023-08-17</td>
<td>2023-08-28</td>
<td>2023-09-05</td>
</tr>
<tr>
<td>2023-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.61%</td>
<td>2023-04-27</td>
<td>2023-05-08</td>
<td>2023-05-16</td>
</tr>
<tr>
<td>2023-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.53%</td>
<td>2023-01-26</td>
<td>2023-02-06</td>
<td>2023-02-14</td>
</tr>
<tr>
<td>2022-11-10</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>2.56%</td>
<td>2022-11-02</td>
<td>2022-11-14</td>
<td>2022-11-22</td>
</tr>
<tr>
<td>2022-08-26</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>2.9%</td>
<td>2022-08-18</td>
<td>2022-08-29</td>
<td>2022-09-07</td>
</tr>
<tr>
<td>2022-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>3.42%</td>
<td>2022-04-28</td>
<td>2022-05-09</td>
<td>2022-05-17</td>
</tr>
<tr>
<td>2022-02-04</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>3.33%</td>
<td>2022-01-27</td>
<td>2022-02-07</td>
<td>2022-02-15</td>
</tr>
<tr>
<td>2021-11-12</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>2.38%</td>
<td>2021-11-03</td>
<td>2021-11-15</td>
<td>2021-11-23</td>
</tr>
<tr>
<td>2021-08-27</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>2.76%</td>
<td>2021-08-19</td>
<td>2021-08-30</td>
<td>2021-09-07</td>
</tr>
<tr>
<td>2021-04-30</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>2.27%</td>
<td>2021-04-22</td>
<td>2021-05-03</td>
<td>2021-05-11</td>
</tr>
<tr>
<td>2021-01-29</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>2.26%</td>
<td>2021-01-21</td>
<td>2021-02-01</td>
<td>2021-02-09</td>
</tr>
</tbody>
</table>
With a dividend yield that places it neither at the top nor the bottom, LSI Industries finds itself in the middle among its industry peers, while GrafTech International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAF#NYSE">EAF</a>) boasts the highest annualized dividend yield at 1.60%.
<h3>Analyzing LSI Industries Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1700579133_0.png" alt="dividend chart graph" />
Throughout the period of 2019 to 2022, the company maintained a steady dividend per share of $0.20. This demonstrates the company's commitment to a stable dividend policy, which can be reassuring for investors looking for reliable income sources.
<h3>YoY Earnings Growth For LSI Industries</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1700579134_1.png" alt="earning chart graph" />
From 2019 to 2022, LSI Industries experienced a growth in earnings per share, with an increase from $-0.01 to $0.76. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
<h3>Recap</h3>
This article delves into the recent dividend payout of LSI Industries and its implications for shareholders. Presently, the company is distributing a dividend of $0.05 per share, leading to an annualized dividend yield of 1.34%.
With a dividend yield that places it neither at the top nor the bottom, LSI Industries finds itself in the middle among its industry peers, while GrafTech International boasts the highest annualized dividend yield at 1.60%.
The unaltered dividend per share during 2019 to 2022 does not diminish the significance of the increasing earnings per share for LSI Industries. This upward trend suggests the company's financial stability and its potential to sustain the distribution of profits to shareholders.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Increasing Performance and Stable Payouts: LSI Industries Benefits Investors with Growing Earnings

LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.24 by 20.83 percent. This is a 16 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $123.40 million which beat the analyst consensus estimate of $122.39 million by 0.83 percent. This is a 2.89 percent decrease over sales of $127.07 million the same period last year.

LSI Industries Q1 Adj $0.29 Beats $0.24 Estimate, Sales $123.40M Beat $122.39M Estimate

Thursday marks the last chance for investors to receive the next dividend payout from LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 5 cents per share. On Friday, LSI Industries will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own LYTS as of the end of Thursday's session are eligible to receive the 5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on September 05, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/LYTS">Track real-time stock fluctuations for LSI Industries on Benzinga.</a>

Craig-Hallum analyst Aaron Spychalla maintains LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) with a Buy and raises the price target from $21 to $23.

Craig-Hallum Maintains Buy on LSI Industries, Raises Price Target to $23

U.S. stocks traded lower toward the end of trading, with the Dow Jones&nbsp;falling more than 100 points on Thursday.
The Dow traded down 0.35% to 34,645.66while the NASDAQ fell 0.59% to 13,395.39. The S&amp;P 500, also fell, dropping, 0.28% to 4,392.16
Check This Out: <a href="https://www.benzinga.com/news/23/08/33894212/nvidia-to-rally-around-84-here-are-10-other-analyst-forecasts-for-thursday"> NVIDIA To Rally Around 84%? Here Are 10 Other Analyst Forecasts For Thursday</a>
&nbsp; 
<h3>Leading and Lagging Sectors</h3>

Energy shares rose by 2.1% on Thursday.
In trading on Thursday, information technology shares fell by 0.6%.
&nbsp; 
<h3>Top Headline</h3>

Walmart Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wmt#NYSE">WMT</a>) reported better-than-expected second-quarter earnings and raised FY24 outlook.
Walmart reported second-quarter FY24 sales growth of 5.7% year-on-year to $161.10 billion, beating the analyst consensus estimate of $160.27 billion. Adjusted EPS was $1.84, beating the consensus of $1.70.
For FY24, the company raised FY24 adjusted EPS guidance from $6.10 - $6.20 to $6.36 - $6.46 versus an estimate of $6.27. It raised FY24 net sales growth outlook to 4% - 4.5% from 3.5% earlier.
&nbsp; 
<h3>Equities Trading UP</h3>

PhenomeX Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cell#NASDAQ">CELL</a>) shares shot up 137% to $0.9496 after the company announced that it signed a $108 million definitive agreement to be acquired by Bruker in an all-cash transaction at $1 per share.
Shares of LSI Industries Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyts#NASDAQ">LYTS</a>) got a boost, shooting 17% to $14.98 following better-than-expected fourth-quarter results.
Advanced Health Intelligence Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ahi#NASDAQ">AHI</a>) shares were also up, gaining 27% to $4.86. Advanced Health Intelligence said it obtained overseas R&amp;D reimbursement under Australia&#39;s research and development tax incentive scheme.
&nbsp; 
<h3>Equities Trading DOWN</h3>

Creative Realities, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crex#NASDAQ">CREX</a>) shares dropped 35% to $1.91 after the company reported pricing of $6 million public offering of 3 million shares of common stock at $2 per share.
Shares of EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) were down 40% to $0.4554 after the company reported pricing of $15.8 million public offering.
Tremor International Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trmr#NASDAQ">TRMR</a>) was down, falling 30% to $4.4040 after the company reported financial and operating results for the three and six months ended June 30, 2023.
Also Check This Out: <a href="https://www.benzinga.com/news/23/08/33894268/top-5-risk-off-stocks-that-should-keep-you-up-at-night"> Top 5 Risk Off Stocks That Should Keep You Up At Night</a>
&nbsp; 
<h3>Commodities</h3>

In commodity news, oil traded up 1.9% to $80.86 while gold traded down 0.2% at $1,924.90.
Silver traded up 1% to $22.765 on Thursday while copper rose 1% to $3.6950.
&nbsp; 
<h3>Euro zone</h3>

European shares were lower today. The eurozone&rsquo;s STOXX 600 declined 0.87%, London&rsquo;s FTSE 100 fell 0.59% while Spain&rsquo;s IBEX 35 Index fell 0.77% The German DAX fell 0.67% French CAC 40 fell 0.98%, while Italy&rsquo;s FTSE MIB Index slipped 1%.
The Eurozone recorded a trade surplus of EUR 23 billion in June versus a year-ago deficit of EUR 27.1 billion. Spain&#39;s trade deficit shrank to EUR 2.36 billion in June from EUR 5.39 billion in the year-ago month.
&nbsp; 
<h3>Asia Pacific Markets</h3>

Asian markets closed mostly higher on Thursday, with Japan&rsquo;s Nikkei 225 falling 0.44%, China&rsquo;s Shanghai Composite Index gaining 0.43% and Hong Kong&rsquo;s Hang Seng Index falling 0.01%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, fell 0.59%.
Japan&#39;s posted a trade deficit of JPY 78.73 billion in July 2023, versus a shortfall of JPY 1,421.92 billion in the year-ago period year. Australian unemployment rate rose to 3.7% in July from 3.5% a month ago.
&nbsp; 
<h3>Economics</h3>

U.S. initial jobless claims declined by 11,000 from the previous week&rsquo;s revised level to 239,000 in the week ending August 12, compared to market expectations of 240,000.
The Philadelphia Fed Manufacturing Index rose to +12 in August from -13.5 in the prior month and compared to market estimates of -10.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/08/33894599/around-3-5m-bet-on-this-healthcare-stock-check-out-these-3-stocks-insiders-are-buying"> Around $3.5M Bet On This Healthcare Stock? Check Out These 3 Stocks Insiders Are Buying</a>
&nbsp; 
<h3>COVID-19 Update</h3>

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 107,787,600 cases with around 1,172,270 deaths. India confirmed a total of at least 44,996,390 cases and 531,920 deaths, while France reported over 40,138,560 COVID-19 cases with 167,640 deaths. In total, there were at least 693,647,300 cases of COVID-19 worldwide with more than 6,908,280 deaths.

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Dow Tumbles Over 100 Points; LSI Industries Shares Spike Higher

LSI Industries: Multiple Remains Attractive With Favorable Long Term

LSI Industries Q1 2025 Earnings Preview

Reports Q1 revenue $ $138.1M, consensus $$134.86M."Within our Display Solutions segment, we continued to execute on an elevated backlog of refuelin...

LSI Industries reports Q1 EPS 26c, consensus 23c

LSI Industries Non-GAAP EPS of $0.26 beats by $0.03, revenue of $138.09M beats by $7.23M

LSI Industries declares $0.05 dividend

Lsi Industries ( ($LYTS) ) has issued an announcement. LSI Industries, a leading U.S. manufacturer of commercial lighting and display solutions, re...

LSI Industries Reports Strong Q1 2025 Growth

Lsi Industries Inc. ( ($LYTS) ) has released its Q1 earnings. Here is a breakdown of the information Lsi Industries Inc. presented to its investors...

LSI Industries Reports Strong Q1 2025 Results

LSI Industries, Inc. (LYTS) Q1 2025 Earnings Call Transcript

LSI Industries Inc. 2025 Q1 - Results - Earnings Call Presentation

The AI revolution is well on its way, already making its way into various industries. With the increase in the demand for AI, Vertiv Holdings (VRT) is uniquely positioned to offer essential cooling solutions for AI factories. So, given VRT's essential role, should one invest in the stock to capitalize on the growing AI industry? Read on… AI has been taking the world by storm, revolutionizing industries far and wide. From simplifying tasks like debugging code and summarizing data to advancing autonomous vehicles and aiding in pharmaceuticals, AI is undeniably reshaping the way we work and live. The last two years have seen its rapid rise, integrating deeply into diverse sectors.
In this evolving landscape, Vertiv Holdings Co. (<a href="https://stocknews.com/stock/VRT/">VRT</a>) stands in a prime position to capitalize on the AI boom. Specializing in cooling solutions for data centers, VRT is an essential player in the AI infrastructure. As the demand for AI and data processing grows, so does VRT's relevance and potential for growth.
The numbers don't lie. VRT's stock has seen extraordinary gains. Over the past month, shares surged by 12.5%, with a remarkable 45.7% jump over the past three months. Even more impressive is the 92.4% growth over the past nine months and a staggering 177.9% increase in the past year. The stock closed the last trading session at $120.87.
Let's take a closer look at the factors that could influence Vertiv's performance in the near future.
Recent Developments
On November 15, VRT <a href="https://investors.vertiv.com/financial-news/news-details/2024/Vertiv-Codevelops-with-NVIDIA-Complete-Power-and-Cooling-Blueprint-for-NVIDIA-GB200-NVL72-Platform/default.aspx">announced the release</a> of a complete 7MW reference architecture of the NVIDIA GB200 NVL72 platform, co-developed with NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>). The innovative platform transforms traditional data centers into AI-driven hubs, enabling the deployment of powerful AI applications.
As AI and data processing needs increase, VRT's solutions are in high demand, driving potential for significant growth. VRT's high-performance power and cooling systems, combined with its global scale, would allow customers to deploy AI data centers more quickly, efficiently, and flexibly.
In addition, on November 7, VRT launched its <a href="https://investors.vertiv.com/financial-news/news-details/2024/Vertiv-Expands-Liquid-Cooling-Portfolio-to-make-North-America-AI-Deployments-Easier-Faster-and-More-Cost-Effective/default.aspx">Vertiv&#x2122; liquid cooling product portfolio</a>, featuring the Vertiv&#x2122; CoolPhase CDU and Vertiv&#x2122; CoolChip Fluid Network. These cutting-edge solutions support both liquid and hybrid air-liquid cooling environments, offering customers flexible and efficient thermal management.
With the surge in demand for AI and data processing, VRT's advanced cooling technologies further enhance its growth prospects.
Strong Financials
For the fiscal 2024 third quarter that ended September 30, VRT's <a href="https://www.investopedia.com/terms/n/netsales.asp">net sales</a> increased 19% year-over-year to $2.07 billion. Its adjusted operating profit grew 40.7% from the year-ago value to $416.90 million.
Additionally, the company's adjusted net income and adjusted EPS rose 44.4% and 46.2% from the prior year's quarter to $290.50 million and $0.76, respectively. As of September 30, 2024, the company's cash and cash equivalents stood at $908.70 million, compared to $780.40 million on December 31, 2024.
Sound Historical Growth
Over the past three years, VRT's revenue has grown at a CAGR of 15.5%. Its EBITDA rose at a CAGR of 34.4% during the period. Moreover, the company's operation income (EBIT) and total assets increased at CAGRs of 44.3% and 19.1%, respectively.
Furthermore, during the same time frame, the company's net income and EPS grew at respective CAGRs of 61.5% and 56.8%, respectively. The sustained performance highlights the company's strong growth trajectory over the last few years.
Favorable Analyst Estimates
Analysts predict VRT's revenue and EPS for the fiscal fourth quarter (ending December 2024) to rise by 15.5% and 45.4% year-over-year, reaching $2.15 billion and $0.81, respectively. The company has consistently exceeded consensus EPS estimates in each of the four trailing quarters, which is noteworthy.
For the full fiscal year ending December 2024, VRT's revenue and EPS are expected to grow 13.9% and 51.9% from the previous year, reaching $7.82 billion and $2.69, respectively. The impressive growth reflects the company's strong performance and ongoing upward momentum.
Looking ahead to the next fiscal year ending in December 2025, VRT is projected to see further growth, with revenue and EPS forecasted to rise by 17.4% and 28.8%, reaching $9.18 billion and $3.46, respectively. This indicates continued positive trends for the company's financial performance.
High Profitability
VRT's trailing-12-month gross profit margin of 36.48% is 14% higher than the industry average of 32.02%. Its trailing-12-month levered FCF margin stands at 18.62%, 177.1% higher than the industry average of 6.72%. Additionally, VRT's trailing-12-month asset turnover ratio of 0.92x outperforms the industry average of 0.79x by 17%.
The company also boasts a trailing-12-month EBITDA margin of 19.80%, which is 40.6% above the sector average of 14.08%. Plus, its trailing-12-month net income margin of 7.72% surpasses the industry average of 6.39% by 20.8%.
POWR Ratings Reflects Optimism
VRT's fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree. Our proprietary rating system also evaluates each stock based on eight distinct categories.
VRT has a B grade in Sentiment, which is in line with its optimistic analyst estimates. In addition, the stock has a B grade for Quality, which is justified by its higher-than-average profitability metrics.
Within the <a href="https://stocknews.com/category/industrial-equipment/">Industrial - Equipment</a>, it is ranked #45 out of 88 stocks. Beyond what I have stated above, we have also given VRT grades for Growth, Value, Momentum, and Stability. Get all VRT ratings <a href="https://stocknews.com/stock/VRT/">here</a>.
Bottom Line
With the rapid rise of AI factories, VRT has established itself as a key player in the AI revolution, providing essential power and cooling solutions that support these cutting-edge facilities. Recent developments further enhance its position as the company continues to innovate and expand its offerings.
Its strong financial performance, coupled with promising growth prospects and ongoing advancements, make it an integral part of the AI industry's future.
How Does Vertiv Holdings Co (VRT) Stack Up Against Its Peers?
While VRT's near-term prospects appear stable, it may be worth considering its industry peers, who boast even more impressive POWR Ratings. So, consider these three A (Strong Buy) or B-rated (Buy) stocks from the <a href="https://stocknews.com/category/industrial-equipment/">Industrial - Equipment</a> industry:
Mitsubishi Electric Corporation (<a href="https://stocknews.com/stock/MIELY/">MIELY</a>)
Makita Corporation (<a href="https://stocknews.com/stock/MKTAY/">MKTAY</a>)
LSI Industries Inc. (<a href="https://stocknews.com/stock/LYTS/">LYTS</a>)
To explore more A or B-rated Industrial - Equipment stocks, <a href="https://stocknews.com/category/industrial-equipment/">click here</a>.
What To Do Next?
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VRT shares rose $0.52 (+0.43%) in premarket trading Monday. Year-to-date, VRT has gained 151.88%, versus a 24.40% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/vrt-miely-mktay-lyts-nvda-vertivs-essential-role-is-vrt-a-stock-to-buy/>Vertiv's Essential Role: Is VRT a Stock to Buy?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Vertiv's Essential Role: Is VRT a Stock to Buy?

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LSI Industries Announces Fiscal 2024 Third Quarter Results Conference Call Date

LSI Industries Inc. Reports Inducement Grants Under NASDAQ Listing Rules

LSI Industries Acquires EMI Industries, Expanding Store Fixtures and Food Service Equipment Business

LSI Industries Reports Fiscal 2024 Third Quarter Results and Declares Quarterly Cash Dividend

LSI Industries Announces Fiscal 2024 Fourth Quarter and Full-Year Results Conference Call Date

LSI Industries Reports Fiscal 2024 Fourth Quarter and Full-Year Results and Declares Quarterly Cash Dividend

LSI Industries Announces Fiscal 2025 First Quarter Results Conference Call Date

LSI Industries Reports Fiscal 2025 First Quarter Results and Declares Quarterly Cash Dividend

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