JPMorgan, Wells Fargo And 3 Stocks To Watch Heading Into Friday
Portfolio Pulse from Lisa Levin
JPMorgan Chase & Co., Aehr Test Systems, Citigroup Inc., Leslie's Inc, and Wells Fargo & Company are the stocks to watch heading into Friday. JPMorgan and Citigroup are expected to post their quarterly earnings before the opening bell. Aehr Test Systems reported better-than-expected results for its fourth quarter. Leslie's Inc released preliminary results for its fiscal third quarter and announced a CFO transition. Wells Fargo is expected to report its quarterly earnings before the opening bell.
July 14, 2023 | 8:41 am
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POSITIVE IMPACT
Aehr Test Systems reported better-than-expected results for its fourth quarter. Its shares climbed 4.6% in the after-hours trading session.
The better-than-expected results could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup is expected to have earned $1.30 per share on revenue of $19.27 billion for the latest quarter. Its shares gained 0.5% in after-hours trading.
The expected strong earnings report could boost investor confidence and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
JPMorgan is expected to post quarterly earnings at $3.99 per share on revenue of $38.96 billion. Its shares gained 0.8% in after-hours trading.
The expected strong earnings report could boost investor confidence and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Wells Fargo is expected to report quarterly earnings at $1.15 per share on revenue of $20.07 billion. Its shares fell 0.3% in after-hours trading.
The expected earnings report could influence the stock price, but the slight fall in after-hours trading indicates a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Leslie's Inc released preliminary results for its fiscal third quarter and announced a CFO transition. Its shares tumbled 21.6% in the after-hours trading session.
The preliminary results and CFO transition could create uncertainty among investors and drive the stock price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100