TGLS - How To Earn $500 A Month From Tecnoglass Stock After Upbeat Q3 Earnings | Benzinga
Tecnoglass Inc (NYSE: TGLS) reported upbeat results for its third quarter and tightened its full-year sales outlook on Monday.
Revenue grew 4.4% Y/Y to $210.7 million, beating the consensus of $207.6 million. Adjusted EPS of 98 cents, beating the consensus of 97 cents.
For FY23, the company tightened sales outlook to $835 million-$848 million from $830 million-$855 million. The company revised the adjusted EBITDA outlook to $300 million-$308 million (from $320 million-$335 million earlier), representing growth of about 14% at the midpoint.
With Tecnoglass reporting upbeat quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Tecnoglass has a dividend yield of 1.19%, which is a quarterly dividend amount of 9 cents a share (36 cents a year).
To figure out how to ...