Intuit, NetApp And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Lisa Levin
Investors are watching Intuit, NetApp, Zscaler, ESGL Holdings, and Hewlett Packard Enterprise as they head into Tuesday. Intuit is expected to report earnings of $1.98 per share on $2.88 billion revenue. Zscaler reported strong Q1 results and issued positive FY24 guidance, also announcing new executive appointments. NetApp is anticipated to post earnings of $1.39 per share on $1.53 billion revenue. ESGL Holdings announced a significant contract renewal, causing its shares to surge in after-hours trading. Hewlett Packard Enterprise is expected to report earnings of 50 cents per share on $7.35 billion revenue.
November 28, 2023 | 7:24 am
News sentiment analysis
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POSITIVE IMPACT
ESGL Holdings announced a multi-year contract renewal with Singapore Refining Company, leading to a 54.3% surge in after-hours trading.
The substantial contract renewal is a strong positive catalyst, and the significant after-hours surge reflects high investor optimism, suggesting a likely short-term uptrend.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Hewlett Packard Enterprise is expected to post earnings of 50 cents per share on $7.35 billion revenue. Shares fell 1.5% at Monday's close.
Earnings expectations can influence stock movement, but the pre-report dip indicates uncertainty, pointing to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
Intuit is expected to report earnings after the bell with an anticipation of $1.98 EPS on $2.88B revenue. The stock saw a slight decline on Monday.
Earnings reports are significant for stock movement, but the slight dip indicates mixed expectations which could lead to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
NetApp is projected to earn $1.39 per share on $1.53 billion revenue in its upcoming earnings report. The stock experienced a minor decline in after-hours.
The earnings anticipation is a key driver for stock performance, but the minimal after-hours movement suggests a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
Zscaler reported strong Q1 financial results and provided positive FY24 guidance. New executive appointments were also announced. Shares fell 7% after-hours.
The after-hours drop suggests the market may have expected even better results or is reacting to the executive changes, indicating a potential short-term negative impact.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 90