Streetbeat News

Stock Prices

STN

Stantec has revised its 2024 financial targets, increasing its net revenue growth expectations from 7%-12% to 11%-15% and adjusting its EPS growth targets from 11%-16% to 12%-16%.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:07 pm

KWR

Quaker Houghton has announced a new stock repurchase program authorizing the buyback of up to $150 million of its shares. This move is part of the company's strategy to return value to shareholders and optimize its capital structure.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:06 pm

ITRG

Integra Resources Corp. (ITRG) has exercised an option to acquire seventeen unpatented claims in the Rich Gulch area, adjacent to the Florida Mountain Deposit at the DeLamar Project in Idaho. This strategic acquisition, expected to close by March 8, 2024, will provide operational flexibility for future mining and processing scenarios. The purchase will be made through the issuance of common shares, with a minimum of 840,000 shares at a price determined by the five-day VWAP preceding the closing date. The acquisition is a step towards advancing DeLamar towards a construction decision.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:06 pm

GEF

Greif (NYSE:GEF) reported Q1 2024 adjusted EPS of $1.27, surpassing the $0.47 estimate by 170.21%, but its sales of $1.21B fell short of the $1.28B estimate by 5.52% and decreased 5.11% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:05 pm

STKL

SunOpta (NASDAQ:STKL) reported Q4 2023 adjusted EPS of $0.05, surpassing the $0.02 estimate, with sales of $181.62M exceeding the $170.79M forecast. This represents a 17.93% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:03 pm

ATRO

Astronics Corporation (ATRO) reported Q4 2023 earnings of $0.20 per share, surpassing the consensus estimate of $0.15 by 33.33%. Quarterly sales reached $195.29 million, exceeding expectations of $189.80 million by 2.89% and marking a 23.48% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:01 pm

ALEX

Alexander & Baldwin (NYSE:ALEX) reported Q4 2023 earnings of $0.12 per share, surpassing the $0.06 estimate, with sales of $52.90M beating the $49.16M estimate. However, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:00 pm

DUOL

Duolingo Inc (NASDAQ:DUOL) reported Q4 earnings with revenue and EPS beating estimates, significant growth in engagement, and strong guidance for future revenue. Q4 revenue was $150.99 million, surpassing the $148.09 million estimate, and EPS was 26 cents, beating the 15 cents estimate. The company saw a 51% year-over-year increase in total bookings to $191 million, a 57% increase in paid subscribers to 6.6 million, and record user engagement with 26.9 million daily and 88.4 million monthly active users. Duolingo's outlook for Q1 revenue is between $164 million and $167 million, above the $159.238 million estimate, with full-year revenue expected to be between $717.5 million and $729.5 million, surpassing the $699.096 million estimate. Shares were up 21.2% after hours at $237.

Portfolio Pulse from Adam Eckert

February 28, 2024 | 10:00 pm

CODI

Compass Diversified Holdings (CODI) reported Q4 2023 adjusted EPS of $0.53, surpassing the $0.39 estimate, but its sales of $566.99M fell short of the $576.55M forecast. This represents a 7.04% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:00 pm

CTO

CTO Realty Growth, Inc. (NYSE:CTO) announced the resignation of its CFO, Matthew M. Partridge, effective April 1, 2024, to join a new venture outside the REIT industry. The company has started searching for a new CFO. Partridge will assist during the first quarter reporting period for a smooth transition. President and CEO John P. Albright praised Partridge's contributions, highlighting the development of a strong finance team now led by Lisa Vorakoun, VP and Chief Accounting Officer.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:59 pm