Cleveland-Cliffs, Nucor, Whirlpool, F5: Earnings results
01/30/2024 06:19
Cleveland-Cliffs (CLF) reported fourth-quarter results that met revenue expectations and narrowed losses, aided by cooling costs in the steel industry. Nucor Corporation (NUE) shares rose after the steelmaker beat fourth-quarter sales and earnings estimates. Nucor also issued upbeat first-quarter guidance, forecasting higher earnings as average selling prices increase. Whirlpool (WHR) posted disappointing fourth-quarter results, delivering 2024 revenue expectations of $16.9 billion, below Wall Street expectations. Meanwhile, F5 Networks (FFIV) shares climbed after the tech company topped first-quarter estimates on both revenue and earnings. F5 also provided a better-than-expected second-quarter revenue outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Cleveland-Cliffs (CLF) reported fourth-quarter results that met revenue expectations and narrowed losses, aided by cooling costs in the steel industry.
Nucor Corporation (NUE) shares rose after the steelmaker beat fourth-quarter sales and earnings estimates. Nucor also issued upbeat first-quarter guidance, forecasting higher earnings as average selling prices increase.
Whirlpool (WHR) posted disappointing fourth-quarter results, delivering 2024 revenue expectations of $16.9 billion, below Wall Street expectations.
Meanwhile, F5 Networks (FFIV) shares climbed after the tech company topped first-quarter estimates on both revenue and earnings. F5 also provided a better-than-expected second-quarter revenue outlook.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith