Pfizer, AMD And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Lisa Levin
Caterpillar Inc., FMC Corporation, Advanced Micro Devices, Western Digital Corp, and Pfizer Inc. are the stocks to watch heading into Tuesday. Caterpillar is expected to report quarterly earnings of $4.79 per share on revenue of $16.59 billion. FMC reported weaker-than-expected Q3 results but reaffirmed its full-year forecast. AMD is expected to earn 68 cents per share on revenue of $5.70 billion for the latest quarter. Western Digital reported upbeat Q1 results and announced a plan to separate its HDD and Flash businesses but also reported a proposed $1.3 billion convertible notes offering. Pfizer is expected to report a quarterly loss at 34 cents per share on revenue of $13.34 billion.
October 31, 2023 | 6:16 am
News sentiment analysis
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NEGATIVE IMPACT
FMC reported weaker-than-expected Q3 results but reaffirmed its full-year forecast.
Weaker-than-expected earnings report is generally a negative signal for the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Pfizer is expected to report a quarterly loss at 34 cents per share on revenue of $13.34 billion.
A quarterly loss is generally a negative signal for the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Western Digital reported upbeat Q1 results and announced a plan to separate its HDD and Flash businesses but also reported a proposed $1.3 billion convertible notes offering.
While the upbeat Q1 results and business separation plan are positive, the proposed notes offering could dilute shareholder value.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
AMD is expected to earn 68 cents per share on revenue of $5.70 billion for the latest quarter.
Strong earnings report is generally a positive signal for the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Caterpillar is expected to report strong quarterly earnings of $4.79 per share on revenue of $16.59 billion.
Strong earnings report is generally a positive signal for the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100