Kroger, Dell And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Lisa Levin
U.S. stock futures are trading higher, with investor focus on earnings reports from The Kroger Co. (KR), La-Z-Boy Incorporated (LZB), Dell Technologies Inc. (DELL), Nutanix, Inc. (NTNX), and Cracker Barrel Old Country Store, Inc. (CBRL). Kroger is expected to report earnings of $0.90 per share on revenue of $33.91 billion. La-Z-Boy reported higher earnings and increased its dividend by 10%, with shares rising 2.5%. Dell is anticipated to post earnings of $1.46 per share on revenue of $23.02 billion. Nutanix reported better-than-expected results and raised its FY24 revenue guidance, leading to an 8.5% share increase. Cracker Barrel is expected to report earnings of $0.75 per share on revenue of $826.21 million.
November 30, 2023 | 7:19 am
News sentiment analysis
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NEUTRAL IMPACT
Cracker Barrel is expected to report earnings of $0.75 per share on revenue of $826.21 million, with shares gaining 2.3% in after-hours trading.
Cracker Barrel's stock may see moderate movement as investors await the actual earnings report. The after-hours gain indicates a neutral to positive investor expectation.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Dell is expected to post earnings of $1.46 per share on revenue of $23.02 billion, with shares gaining 0.8% in after-hours trading.
Dell's stock may experience slight volatility depending on whether the actual earnings meet, exceed, or fall short of expectations. The after-hours gain suggests a cautiously optimistic investor sentiment.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Kroger is expected to report earnings of $0.90 per share on revenue of $33.91 billion. Shares gained slightly in after-hours trading.
Kroger's stock may see limited short-term movement as the expected earnings are already factored in, with a slight gain in after-hours indicating a neutral to positive outlook.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
La-Z-Boy reported higher earnings, increased its quarterly cash dividend by 10%, and shares climbed 2.5% in after-hours trading.
The positive earnings report and dividend increase are likely to have a favorable impact on La-Z-Boy's stock in the short term, as reflected by the after-hours trading activity.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Nutanix reported better-than-expected financial results for its first quarter and raised its FY24 revenue guidance, causing shares to jump 8.5%.
Nutanix's strong financial performance and raised guidance are significant positive indicators, likely leading to a continued uptrend in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100