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ACA

EXP

GOLD

NATKY

NEM

UUUU

Kazatomprom (OTC:NATKY) has reduced its uranium production forecast due to a sulfuric acid shortage, caused by competition from the local fertilizer industry in Kazakhstan. This situation highlights a broader concern about potential global sulfur shortages impacting various sectors, including mining, the green economy, and food production. Sulfuric acid, essential for numerous industrial processes, could face a shortfall of up to 320 million metric tons by 2040, affecting the production of fertilizers, lithium batteries, and the extraction of vital minerals. Companies like Barrick Gold Corp. (NYSE:GOLD), Newmont Corp. (NYSE:NEM), Eagle Materials (NYSE:EXP), Arcosa Inc. (NYSE:ACA), and Energy Fuels Inc. (NYSEAMERICAN: UUUU) are mentioned in relation to their involvement in mining or the production of sulfur-bearing minerals.

Portfolio Pulse from Matt Whittaker

February 20, 2024 | 10:48 pm

ENLC

EnLink Midstream (NYSE:ENLC) reported Q4 2023 earnings of $0.14 per share, meeting analyst estimates but marking a 57.58% decrease from the previous year. Sales were $1.86 billion, missing the $2.16 billion estimate and showing a 9.46% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:05 pm

CMC

FMST

NUE

ZKIN

Nucor Corporation announced a quarterly dividend of $0.54 per share. Commercial Metals Company added Dennis V. Arriola to its Board. ZK International completed a $2 million investment from CF Fund. Foremost Lithium joined Webull's CCS platform for better shareholder communication. Sayona Mining revealed a feasibility study for its Moblan Lithium Project with promising financials.

Portfolio Pulse from Austin DeNoce

February 20, 2024 | 10:00 pm

AIP

Arteris projects its Q1 revenue to be between $12.1M and $13.1M, closely aligning with the estimated $12.63M. For the fiscal year 2024, the company anticipates revenues to range from $54.5M to $57.5M, slightly below the estimated $55.7M.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:59 pm

WK

Workiva projects its full-year 2024 total revenue to be between $718M-$722M, which is below the estimated $731.727M. The company also forecasts its adjusted EPS to range from $0.56 to $0.63, lower than the expected $0.80.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:56 pm

WK

Workiva anticipates Q1 total revenue to be between $173M-$175M, slightly above the estimated $173.42M. Additionally, the adjusted EPS is expected to range from $0.15 to $0.19, surpassing the estimated $0.12.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:51 pm

GMED

Globus Medical has reaffirmed its 2024 financial guidance, projecting an adjusted EPS of $2.68-$2.70 and revenue in the range of $2.45B-$2.475B.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:50 pm

PSA

Public Storage (NYSE:PSA) reported Q4 2023 earnings of $4.20 per share, surpassing the $4.14 estimate. However, its sales of $1.09B fell short of the $1.15B estimate, marking a 6.23% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:47 pm

MAX

MediaAlpha projects Q1 revenue to be between $105M-$115M, indicating a 1% year-over-year decline at the midpoint. The expected Q1 transaction value is forecasted to be $175m-$190m, showing a 6% decrease year-over-year at the midpoint. However, adjusted EBITDA is anticipated to be between $9.5 million and $11.5 million, marking a 45% increase year-over-year at the midpoint of the guidance range.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:44 pm

AMPL

Amplitude has provided its financial outlook for FY24, expecting revenue to be between $291.5M and $294.5M, which is below the estimated $297.386M. The company also forecasts an adjusted EPS of $0.06 to $0.08, lower than the estimated $0.13.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:41 pm