Eli Lilly, Beyond Meat And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Lisa Levin
United Parcel Service (UPS), Paramount Global (PARA), Take-Two Interactive Software (TTWO), Beyond Meat (BYND), and Eli Lilly (LLY) are expected to be in focus for investors. UPS is expected to post earnings of $2.50 per share on revenue of $23.11 billion. Paramount Global reported better-than-expected Q2 results and announced the sale of Simon & Schuster to KKR for $1.62 billion. Take-Two Interactive is expected to report earnings of 37 cents per share on revenue of $1.21 billion. Beyond Meat reported disappointing Q2 results and issued a weak revenue forecast for FY23. Eli Lilly is expected to report earnings of $1.99 per share on revenue of $7.58 billion.
August 08, 2023 | 8:18 am
News sentiment analysis
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NEGATIVE IMPACT
Beyond Meat reported disappointing Q2 results and a weak FY23 forecast, which could negatively impact its stock.
Disappointing results and weak forecasts typically lead to a negative impact on a company's stock.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEUTRAL IMPACT
Take-Two Interactive is expected to report earnings, which could impact its stock.
Earnings reports can have a significant impact on a company's stock, but the direction of the impact will depend on the actual results.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Eli Lilly is expected to report strong earnings, which could positively impact its stock.
Strong earnings typically lead to a positive impact on a company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Paramount Global reported better-than-expected Q2 results and announced a major sale, which could positively impact its stock.
Better-than-expected results and major sales typically lead to a positive impact on a company's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
UPS is expected to post strong earnings, which could positively impact its stock.
Strong earnings typically lead to a positive impact on a company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80