During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Itau Unibanco Holding (NYSE:ITUB) reported quarterly earnings of $0.15 per share which missed the analyst consensus estimate of $0.16 by 6.25 percent. This is a 36.36 percent increase over earnings of $0.11 per share
Triumph Group Inc (NYSE: TGI) disappoints investors with below-consensus Q3 results, citing sales of $285.0 million and an adjusted EPS loss of $(0.16). The company's downwardly revised FY24 outlook, with net sales guidance lowered to $1.17 billion-$1.20 billion, reflects challenges and strategic adjustments post-divestiture.