Walgreens, TD Synnex And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Lisa Levin
Walgreens, TD Synnex, American Equity, Robinhood, and Jefferies Financial are stocks to watch on Tuesday. Walgreens and TD Synnex are expected to report earnings, while American Equity is reportedly close to being acquired by Brookfield. Robinhood is cutting 7% of its full-time staff due to reduced customer engagement and trading activity.
June 27, 2023 | 8:14 am
News sentiment analysis
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NEGATIVE IMPACT
Robinhood is cutting 7% of its full-time staff due to reduced customer engagement and trading activity.
The staff cuts at Robinhood indicate a slowdown in the company's growth and reduced customer engagement. This could negatively impact the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Jefferies Financial is expected to post quarterly earnings of 27 cents per share on revenue of $1.04 billion.
Jefferies Financial's earnings report will provide insight into the company's financial performance. However, the stock's short-term price movement will depend on whether the results meet or exceed market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
TD Synnex is expected to report earnings of $2.55 per share on revenue of $14.42 billion.
TD Synnex's earnings report will provide insight into the company's financial performance. However, the stock's short-term price movement will depend on whether the results meet or exceed market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Walgreens is expected to report quarterly earnings of $1.07 per share on revenue of $34.25 billion.
Walgreens' earnings report will provide insight into the company's financial performance. However, the stock's short-term price movement will depend on whether the results meet or exceed market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
American Equity shares surged following a report suggesting Brookfield is nearing a deal to acquire the company.
The news of a potential acquisition by Brookfield has already positively impacted American Equity's stock price. If the deal is confirmed, it could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100