Clorox Faces Cybersecurity Attack; Steel Dynamics Guides Below-Consensus Profits
- September 18th, 2023
- 585 views
Shares of The Clorox Company (NYSE: CLX) experienced a pre-market decline following the company's disclosure in an SEC regulatory filing regarding unauthorized activity detected on certain Information Technology systems. The cybersecurity attack is deemed "material" in its impact on Q1 financial results.
$CLX was trading at $143.50 in pre-market, reflecting a decrease of $2.70 or 1.85%.
On a different note, Steel Dynamics, Inc. (Nasdaq: STLD) provided its earnings guidance for the third quarter of 2023, estimating a range of $3.46 to $3.50 per diluted share. This projection represents a notable shift from the company's second quarter 2023 earnings of $4.81 per diluted share and the prior year's third quarter earnings of $5.03 per diluted share. Analysts were expecting an EPS of $3.61 for the period.
In pre-market, $STLD was trading at $95.70, down $3.01 or 3.05%.
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