Meta, Amazon And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Lisa Levin
Amazon, Meta Platforms, Mastercard, O'Reilly Automotive, and Bristol-Myers Squibb are the stocks to watch heading into Thursday. Amazon and Bristol-Myers Squibb are expected to report their quarterly earnings, while Meta Platforms and O'Reilly Automotive have reported better-than-expected results. Mastercard is also set to release its earnings.
October 26, 2023 | 9:32 am
News sentiment analysis
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NEGATIVE IMPACT
Amazon is expected to report quarterly earnings at 58 cents per share on revenue of $141.44 billion. Its shares fell 1.9% in after-hours trading.
The anticipation of Amazon's earnings report and the recent drop in its share price could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Bristol-Myers Squibb is expected to report quarterly earnings at $1.76 per share on revenue of $10.97 billion. Its shares fell 0.6% in after-hours trading.
The anticipation of Bristol-Myers' earnings report and the recent drop in its share price could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Mastercard is expected to earn $3.21 per share on revenue of $6.52 billion for the latest quarter. Its shares fell 0.2% on Wednesday.
The upcoming earnings report and the slight drop in Mastercard's share price could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Meta Platforms reported better-than-expected results for its third quarter but its shares fell 3.4% in after-hours trading.
Despite the positive earnings report, the drop in Meta's share price indicates a potential negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
O'Reilly Automotive posted stronger-than-expected results for its fiscal first quarter and its shares gained 4% in after-hours trading.
The positive earnings report and the increase in O'Reilly's share price suggest a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100