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DECK

Deckers Outdoor Corporation's shares surged following the announcement of their Q3 financial results, which exceeded expectations. Additionally, the company provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:43 pm

X

United States Steel Corporation (NYSE:X) reported Q4 earnings of 67 cents per share, surpassing the analyst consensus of 26 cents. Quarterly sales were $4.14 billion, exceeding estimates of $3.76 billion but showing a 4.47% year-over-year decrease. The fiscal year 2023 adjusted net earnings were $1.195 million, or $4.73 per diluted share. A dividend of 5 cents per share was declared, payable on March 13. The company highlighted a definitive merger agreement with Nippon Steel Corporation, marking 2023 as a pivotal year.

Portfolio Pulse from Erica Kollmann

February 01, 2024 | 9:42 pm

EMN

Eastman Chemical (NYSE:EMN) reported Q4 earnings with an EPS of $1.31, slightly beating the estimate of $1.3, marking a 0.77% beat. However, revenue saw a decrease of $166 million from the same period last year. In the previous quarter, EMN beat the EPS estimate by $0.02, leading to a 3.54% share price increase the following day. The company has shown varied performance over the past quarters, with both earnings and revenue fluctuating.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:40 pm

ORC

Orchid Island Cap (NYSE:ORC) reported Q4 earnings, beating estimates with an EPS of $-0.13 against an expected $-0.25, despite a revenue decrease of $5.17 million from the previous year. The company had previously missed EPS estimates last quarter, leading to a 3.43% share price drop. Historical performance shows fluctuating EPS and revenue over the past quarters. Management provided positive guidance for Q4 2023, expecting earnings between $0.52 and $0.52 per share.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:40 pm

ENSG

Ensign Group (NASDAQ:ENSG) reported Q4 earnings with an EPS of $1.28, beating estimates by 0.79% and showing a revenue increase of $170.85 million from the previous year. This follows a pattern of surpassing EPS estimates in previous quarters and a subsequent share price increase.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:40 pm

GEN

Gen Digital's stock is trading lower following the announcement of disappointing Q3 financial results and guidance for Q4 revenue, FY24 adjusted EPS, and FY24 revenue that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:40 pm

SKX

Skechers U.S.A. Inc (NYSE:SKX) reported Q4 earnings with a revenue increase of 4.4% year-over-year to $1.96 billion, missing the consensus estimate of $2.03 billion. Earnings per share were 56 cents, beating estimates of 54 cents. The company sees Q1 revenue between $2.175 billion and $2.225 billion, below the consensus of $2.20 billion, and expects earnings between $1.05 and $1.10 per share, below the consensus of $1.20 per share. Full-year 2024 sales are expected to be between $8.6 billion and $8.8 billion, with earnings between $3.65 and $3.85 per share, both below consensus estimates. Shares tumbled 13.3% after hours.

Portfolio Pulse from Adam Eckert

February 01, 2024 | 9:39 pm

VIAV

Viavi Solutions (NASDAQ:VIAV) reported Q2 adjusted EPS of $0.11, surpassing the $0.09 estimate, and sales of $254.50M, exceeding the $251.00M estimate. However, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from totan@benzinga.com

February 01, 2024 | 9:38 pm

DXC

DXC Technology has officially appointed Raul Fernandez as its President and CEO, effective immediately. Fernandez, who took on the role of Interim President and CEO in December 2023, has a history of leading successful companies and has been a member of DXC's Board of Directors since 2020. Following this appointment, the Board has halted its search for a new CEO.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:35 pm

EMN

Eastman Chemical (NYSE:EMN) reported Q4 2023 adjusted earnings per share (EPS) of $1.31, slightly above the analyst consensus estimate of $1.30. Quarterly sales were $2.21 billion, in line with expectations but representing a 7% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:35 pm