McCormick, BlackBerry And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Lisa Levin
McCormick & Company, BlackBerry Limited, Acuity Brands, Micron Technology, and NIKE are the stocks to watch heading into Thursday. McCormick is expected to report quarterly earnings of 57 cents per share and has named Brendan Foley as CEO. BlackBerry reported better-than-expected fiscal first-quarter results. Acuity Brands is expected to have earned $3.71 per share. Micron Technology reported better-than-expected third-quarter results and expects fourth-quarter revenue to be between $3.7 billion and $4.1 billion. NIKE is expected to post quarterly earnings at 67 cents per share.
June 29, 2023 | 7:41 am
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POSITIVE IMPACT
BlackBerry reported better-than-expected fiscal first-quarter results.
Better-than-expected results are usually a positive signal for the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Micron Technology reported better-than-expected third-quarter results and expects fourth-quarter revenue to be between $3.7 billion and $4.1 billion.
Better-than-expected results and a positive revenue forecast are usually a positive signal for the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Acuity Brands is expected to have earned $3.71 per share.
The upcoming earnings report could cause some volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
McCormick is expected to report earnings of 57 cents per share and has named Brendan Foley as CEO.
The appointment of a new CEO and the upcoming earnings report could cause some volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
NIKE is expected to post quarterly earnings at 67 cents per share.
The upcoming earnings report could cause some volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100