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LRN

Stride, Inc. (NYSE:LRN) reported Q2 earnings of $1.54 per share, beating expectations of $1.31 and showing a 29.41% increase from the previous year. Sales reached $504.87 million, exceeding estimates of $500.85 million and marking a 10.13% year-over-year increase. General Education enrollments grew by 8.5%. Adjusted EBITDA was $118.3 million, up from $100.5 million in the same quarter last year. Stride raised its FY24 revenue outlook from $1.96-$2.03 billion to $1.99-$2.04 billion, above the $2 billion estimate. Shares rose 3.08% to $64.00 in after-hours trading.

Portfolio Pulse from Ryan Gustafson

January 23, 2024 | 10:06 pm

BUSE

First Busey Corporation (NASDAQ:BUSE) reported Q4 adjusted EPS of $0.52, surpassing the consensus estimate of $0.49, and sales of $107.89M, slightly above the estimate of $107.87M. However, these figures represent a 20% decrease in earnings and a 10.26% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 10:03 pm

BKR

Baker Hughes (NASDAQ:BKR) reported Q4 adjusted earnings of $0.51 per share, surpassing the consensus estimate of $0.48, a 34.21% increase from the previous year. However, sales of $6.83B fell short of the expected $6.92B, though they were up 15.75% from the prior year.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 10:02 pm

NFLX

Netflix has signaled potential price hikes in 2024 in its quarterly investor letter, citing investments and improvements in its service. The company added WWE's Raw to its content slate and has over 260 million global subscribers. Despite not announcing a specific price increase or date, Netflix's communication suggests that higher prices are on the horizon to support content expansion and service enhancements.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:55 pm

TRMK

Trustmark (NASDAQ:TRMK) reported Q4 earnings with an EPS of $0.61, beating estimates by 7.02% but with a revenue decline of $5.35 million year-over-year. The previous quarter's EPS miss was followed by a 5.7% share price drop.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:50 pm

TXN

Texas Instruments Incorporated (NASDAQ:TXN) reported Q4 earnings of $1.49 per share, slightly above expectations but a 30.05% decrease from the previous year. Sales were $4.08 billion, below the $4.12 billion estimate and down 12.70% from last year. The company's outlook for Q1 revenue is also lower than expected, between $3.45 billion and $3.75 billion, compared to the $4.06 billion estimate. After the report, TXN shares dropped 3.61% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

January 23, 2024 | 9:46 pm

VBTX

Veritex Holdings (NASDAQ:VBTX) reported Q4 earnings with an EPS of $0.58, missing estimates by 6.45% against the expected $0.62. Revenue also declined from the previous year by $42.68 million. Despite missing EPS estimates last quarter, the stock increased by 0.24% the following day. Historical earnings performance shows a pattern of mixed results compared to estimates over the past four quarters.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:45 pm

EVAX

MRK

Evaxion Biotech's stock price has increased following a 13G filing that revealed Merck & Co now holds an 11.4% stake in the company as of December 21, 2023.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:44 pm

ISRG

Intuitive Surgical's stock is trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:40 pm

STLD

Steel Dynamics (NASDAQ:STLD) reported Q4 earnings with an EPS of $2.61, missing estimates by 1.88% against the expected $2.66. Revenue decreased by $593 million from the same period last year. Historically, a miss on EPS last quarter led to a 4.07% share price drop the following day. The company's past earnings performance shows mixed results with both misses and beats on EPS estimates.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:40 pm