Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.
On August 2, 2021, PBF Logistics (NYSE:PBFX) declared a dividend payable on August 26, 2021 to its shareholders. PBF Logistics also announced that shareholders on the company's books on or before August 12, 2021 are entitled to the dividend.
Pulled from Benzinga Pro data PBF Logistics (NYSE:PBFX) posted a 0.4% decrease in earnings from Q1. Sales, however, increased by 2.67% over the previous quarter to $89.84 million.
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.