ON Semiconductor, Western Digital And 3 Stocks To Watch Heading Into Monday
Portfolio Pulse from Lisa Levin
ON Semiconductor, HomeStreet, Tenet Healthcare, NaaS Technology, and Western Digital are stocks to watch heading into Monday. ON Semiconductor is expected to post quarterly earnings of $1.21 per share on revenue of $2.02 billion. HomeStreet reported weaker-than-expected Q2 results. Tenet Healthcare is expected to have earned $1.26 per share on revenue of $4.90 billion. NaaS Technology filed for a mixed shelf of up to $200 million. Western Digital is expected to report a quarterly loss at $2.00 per share on revenue of $2.52 billion.
July 31, 2023 | 8:27 am
News sentiment analysis
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NEGATIVE IMPACT
HomeStreet reported weaker-than-expected results for its second quarter.
Weaker-than-expected earnings results can negatively impact a company's stock price as it may indicate underlying issues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Western Digital is expected to report a quarterly loss at $2.00 per share on revenue of $2.52 billion.
Expected quarterly loss can negatively impact the stock price as it indicates potential financial issues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
NaaS Technology filed for a mixed shelf of up to $200 million.
The filing for a mixed shelf offering can have a neutral impact on the stock price as it depends on how the market perceives this move.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
ON Semiconductor is expected to post strong quarterly earnings of $1.21 per share on revenue of $2.02 billion.
Strong earnings are typically a positive signal for investors, potentially leading to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Tenet Healthcare is expected to have earned $1.26 per share on revenue of $4.90 billion for the latest quarter.
Positive earnings expectations can lead to an increase in stock price as it signals potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100