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SCHL

Scholastic (NASDAQ:SCHL) reported Q2 earnings with an EPS of $2.45, missing estimates by 7.55% against the expected $2.65. Revenue decreased by $25.30 million compared to the same period last year. Following last quarter's earnings miss, SCHL's share price fell by 13.22% the next day.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 9:25 pm

GROW

US Global Investors (NASDAQ:GROW) reported a decrease in Q1 EPS to $(0.01) from $0.01 YoY and a 28.99% drop in sales to $3.13M from $4.41M YoY.

Portfolio Pulse from Happy Mohamed

December 14, 2023 | 9:24 pm

NUE

Nucor Corporation (NYSE:NUE) has raised its regular quarterly cash dividend from $0.51 to $0.54 per share, payable on February 9, 2024, to shareholders of record as of December 29, 2023. This marks Nucor's 203rd consecutive quarterly dividend and represents the 51st consecutive year of dividend increases since 1973.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 9:23 pm

X

United States Steel Corporation (U.S. Steel) forecasts Q4 adjusted earnings per share (EPS) to be between $0.20 and $0.25, surpassing the estimated $0.19. The company also expects adjusted EBITDA to be around $250 million for the same period.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 9:19 pm

SCHL

Scholastic Corporation's stock (SCHL) is trading lower following the announcement of their Q2 financial results, which fell short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 9:19 pm

COST

The Board of Directors of Costco has announced a special cash dividend of $15 per share on its common stock, which will be payable on January 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 9:17 pm

COST

Costco Wholesale (NASDAQ:COST) reported Q1 sales of $56.72 billion, missing the analyst consensus estimate of $57.72 billion by 1.73%. Despite the miss, this represents a 4.19% increase over the $54.44 billion in sales reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 9:15 pm

OPEN

RDFN

ZG

Real estate stocks, including Opendoor Technologies Inc. (OPEN), Zillow Group Inc. (ZG), and Redfin Corp. (RDFN), are experiencing a surge as the 10-year Treasury yield falls below 4%. Opendoor received an analyst upgrade from Keefe, Bruyette & Woods Inc., changing its rating from Underperform to Market Perform and increasing its price target from $1.65 to $3.50 per share. Zillow and Redfin also saw significant gains, with Zillow's stock price increasing by 8.84% on Wednesday and continuing to rise by 6.8% in early Thursday trading, while Redfin's shares went up nearly 15% in the same period. The drop in Treasury yields is attributed to traders expecting Federal Reserve rate cuts in 2024.

Portfolio Pulse from Chris Bibey

December 14, 2023 | 9:12 pm

KRC

Kilroy Realty Corporation has announced that Angela Aman will take over as Chief Executive Officer effective January 22, 2024. This executive change is significant for the company's leadership and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 9:08 pm

RICK

RCI Hospitality Holdings (NASDAQ:RICK) reported Q4 earnings of $1.11 per share, missing the consensus estimate of $1.13 by 1.77%. Year-over-year, this represents a 23.45% decrease from $1.45 per share. However, the company's quarterly sales of $75.25M exceeded estimates by 0.66% and marked a 5.42% increase from the previous year's $71.38M.

Portfolio Pulse from Happy Mohamed

December 14, 2023 | 9:06 pm