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
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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
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
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