Intuit, Star Bulk Carriers, Leidos And A Big Retailer On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Kevin Simpson of Capital Wealth Planning said Walmart Inc. (NYSE:WMT) reported great earnings and increased their dividend by 9.3%.

On Feb. 20, Walmart reported better-than-expected fourth-quarter financial results. The company posted quarterly FY24 net sales growth of 5.7% year-over-year to $173.39 billion, beating the consensus of $170.71 billion. Adjusted EPS was $1.80, beating the consensus of $1.65. The stock price gained after the results. Walmart also agreed to buy VIZIO Holding Corp (NYSE:VZIO) for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion.

Jenny Harrington of Gilman Hill Asset Management, LLC said Star Bulk Carriers Corp. (NASDAQ:SBLK) exceeded earnings estimates and raised their dividend more than expected.

On Feb. 12, Star Bulk Carriers posted upbeat sales for its fourth quarter.

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Steve Weiss of Short Hills Capital Partners said Leidos Holdings, Inc. (NYSE:LDOS) is "cheap."

On Feb. 13, Leidos reported better-than-expected fourth-quarter financial results on Feb. 13. The company reported fourth-quarter FY23 revenue growth of 8% year-over-year to $3.98 billion, beating the consensus of $3.80 billion. It clocked an adjusted EPS of $1.99, up 9% year-over-year, beating the consensus of $1.74.

Joe Terranova of Virtus Investment Partners named Intuit Inc. (NASDAQ:INTU), which is nearing its all-time high.

On Feb. 22, Intuit said second-quarter revenue increased 11% year-over-year to $3.39 billion, which was in line with the consensus estimate. The company reported quarterly adjusted earnings of $2.63 per share, which beat analyst estimates of $2.30 per share.

Price Action:

• Walmart shares gained 0.1% to close at $175.56 on Friday.
• Star Bulk Carriers shares gained 3.6% to close at $23.83 during Friday’s session.
• Leidos rose 1.1% to close at $126.06 on Friday.
• Intuit shares gained 0.3% to close at $659.81.

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