Nvidia, Dollar Tree And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Lisa Levin
Dollar Tree, NVIDIA, Ulta Beauty, Guess?, and Intuit are stocks to watch heading into Thursday. Dollar Tree is expected to post quarterly earnings of 87 cents per share on revenue of $7.18 billion. NVIDIA reported better-than-expected Q2 results and issued strong Q3 revenue guidance, with an additional $25 billion in share repurchases approved. Ulta Beauty is expected to have earned $5.85 per share on revenue of $2.51 billion. Guess? reported upbeat Q2 results and issued FY24 earnings guidance above estimates. Intuit is expected to report quarterly earnings at $1.43 per share on revenue of $2.64 billion.
August 24, 2023 | 8:23 am
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NEUTRAL IMPACT
Dollar Tree is expected to post quarterly earnings of 87 cents per share on revenue of $7.18 billion.
The stock price will depend on whether the company meets, exceeds, or falls short of these expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Intuit is expected to report quarterly earnings at $1.43 per share on revenue of $2.64 billion.
The stock price will depend on whether the company meets, exceeds, or falls short of these expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Ulta Beauty is expected to have earned $5.85 per share on revenue of $2.51 billion.
The stock price will depend on whether the company meets, exceeds, or falls short of these expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Guess? reported upbeat Q2 results and issued FY24 earnings guidance above estimates.
The strong Q2 results and positive FY24 guidance are likely to drive the stock price up.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
NVIDIA reported better-than-expected Q2 results and issued strong Q3 revenue guidance, with an additional $25 billion in share repurchases approved.
The strong Q2 results and Q3 guidance, along with the share repurchase program, are positive signals that could drive the stock price up.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100