General Mills, Micron Technology And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Lisa Levin
General Mills, AeroVironment, UniFirst Corporation, Theriva Biologics, and Micron Technology are the stocks to watch on Wednesday. General Mills is expected to report quarterly earnings of $1.06 per share on revenue of $5.17 billion. AeroVironment reported downbeat earnings for its fourth quarter, while sales topped estimates. UniFirst Corporation is expected to have earned $1.79 per share on revenue of $564.18 million. Theriva Biologics received Orphan Drug Designation from the FDA for VCN-01 for the treatment of pancreatic cancer. Micron Technology is expected to post a quarterly loss at $1.57 per share on revenue of $3.67 billion.
June 28, 2023 | 8:12 am
News sentiment analysis
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NEGATIVE IMPACT
Micron Technology is expected to post a quarterly loss at $1.57 per share on revenue of $3.67 billion.
The expected quarterly loss could negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
General Mills is expected to report quarterly earnings of $1.06 per share on revenue of $5.17 billion.
The earnings report could impact the stock price depending on whether the actual results meet, exceed, or fall short of expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
UniFirst Corporation is expected to have earned $1.79 per share on revenue of $564.18 million.
The earnings report could impact the stock price depending on whether the actual results meet, exceed, or fall short of expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
AeroVironment reported downbeat earnings for its fourth quarter, while sales topped estimates.
Despite the downbeat earnings, the stock price surged due to better-than-expected sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Theriva Biologics received Orphan Drug Designation from the FDA for VCN-01 for the treatment of pancreatic cancer.
The FDA approval is a positive development for the company and could lead to an increase in the stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100