Analog Devices, Nvidia And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Lisa Levin
Analog Devices, Nvidia, Palo Alto Networks, Urban Outfitters, and Kohl's are stocks to watch heading into Wednesday. ADI is expected to post earnings of $2.75 per share on revenue of $3.21 billion, while NVDA is expected to earn 92 cents per share on revenue of $6.52 billion. PANW reported better-than-expected Q3 results and raised its annual projections, and URBN reported better-than-expected Q1 results with a 6.3% YoY inventory decline. KSS is expected to post a quarterly loss of 42 cents per share on revenue of $3.34 billion.
May 24, 2023 | 8:06 am
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POSITIVE IMPACT
Palo Alto Networks reported better-than-expected Q3 results and raised its annual projections.
Palo Alto Networks' better-than-expected Q3 results and raised annual projections are likely to have a positive impact on the stock price in the short term, as it indicates strong performance and future growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Urban Outfitters reported better-than-expected Q1 results with a 6.3% YoY inventory decline.
Urban Outfitters' better-than-expected Q1 results and inventory decline are likely to have a positive impact on the stock price in the short term, as it indicates strong performance and efficient inventory management.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Analog Devices is expected to post quarterly earnings of $2.75 per share on revenue of $3.21 billion.
Analog Devices' earnings expectations are in line with market estimates, which may not have a significant impact on the stock price in the short term. However, any deviation from the expected results could lead to price fluctuations.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Kohl's is expected to post a quarterly loss of 42 cents per share on revenue of $3.34 billion.
Kohl's earnings expectations are in line with market estimates, which may not have a significant impact on the stock price in the short term. However, any deviation from the expected results could lead to price fluctuations.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Nvidia is expected to have earned 92 cents per share on revenue of $6.52 billion for the latest quarter.
Nvidia's earnings expectations are in line with market estimates, which may not have a significant impact on the stock price in the short term. However, any deviation from the expected results could lead to price fluctuations.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80