General Mills, FedEx And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Lisa Levin
General Mills, FedEx, Steelcase, Skillsoft, and KB Home are the stocks to watch on Wednesday. General Mills and FedEx are expected to report quarterly earnings, while Steelcase reported better-than-expected Q2 results. Skillsoft announced a 1-for-20 reverse stock split, and KB Home is also expected to post quarterly earnings.
September 20, 2023 | 8:06 am
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POSITIVE IMPACT
Steelcase reported better-than-expected results for its second quarter.
Better-than-expected results typically have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
FedEx is expected to report earnings of $3.74 per share on revenue of $21.81 billion for the latest quarter.
The earnings report could influence the stock price depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
General Mills is expected to report quarterly earnings at $1.08 per share on revenue of $4.88 billion.
The earnings report could influence the stock price depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
KB Home is expected to post quarterly earnings at $1.43 per share on revenue of $1.48 billion.
The earnings report could influence the stock price depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Skillsoft announced a 1-for-20 reverse stock split.
A reverse stock split often indicates a company is trying to boost its share price, but it can also be seen as a negative sign by investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100