Versatile News at Street: The Walt Disney Company (NYSE:DIS), NIKE, Inc. (NYSE:NKE), SYNNEX Corp. (NYSE:SNX)

April 25, 2023 12:17 pm30 commentsViews: 87

The Walt Disney Company (NYSE:DIS) recently reported a cash dividend of $0.66 a share for the first six months of fiscal 2015, payable on July 29 to shareholders of record on July 6. By means of this dividend, Disney will begin paying dividends on a semi-annual basis, sooner than once a year. Disney Chairman and Chief Executive Officer, Robert Iger stated that Disney delivered significant increases in revenue, net income, and EPS for the first half of fiscal 2015. We are pleased to raise our dividend 15% on an annualized basis, as well as increasing the frequency of our dividend payments. Shares of the Walt Disney Company (NYSE:DIS) opened at $114.97 with 1696.76 million outstanding shares and hit to its highest price of $115.13 during the day and finally closed at $114.45 by scoring 0.60%.

NIKE, Inc. (NYSE:NKE) released that its Q4 net earnings of $865M or $0.98 per share as compared with $698 million or $0.78 per share last year. The company’s revenues for the quarter were up 5% at $7.78 billion compared with $7.43 billion in the prior year. Analysts polled by Thomson Reuters estimated earnings of $0.83 per share on revenues of $7.69 billion for the quarter. Analysts’ estimates typically exclude special items. Excluding currency changes, quarterly revenues were up 13 percent compared with a year ago, Nike said. On the other consideration, NIKE, Inc. (NYSE:NKE) begun last trade with a price of $108.45 and throughout the trading session climbed at $110.29. The day-trade ended with a loss of -0.94% to close at $105.22.

SYNNEX Corp. (NYSE:SNX) released that its net income for the Q2 of $51.9M or $1.30 per share, as compared to $39.6M or $1per share for the year-ago quarter. Excluding items, adjusted earnings for the second quarter was $61.7 million or $1.55 per share, compared to $59.5 million or $1.50 per share in the prior year quarter. Analysts polled by Thomson Reuters expected the company to earn $1.53 per share on revenue of $3.42 billion for the second quarter. Analysts’ estimates typically exclude special items. SYNNEX Corp. (NYSE:SNX) stock hit highest price at $76.08, beginning with a price of $73.40 to close at 82.34 by a decrease of -1.12% with a day range of $73.20-$76.08.


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