TD SYNNEX, Albertsons And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Avi Kapoor
U.S. stock futures are trading lower, with investor focus on earnings reports from TD SYNNEX, Albertsons, MDxHealth, Urban Outfitters, and PriceSmart. TD SYNNEX is expected to report earnings of $2.68 per share on revenue of $14.48 billion. MDxHealth reported preliminary Q4 revenue of $19.4 million and forecasts FY24 revenue of $79-81 million, above estimates. Albertsons is expected to report earnings of 65 cents per share on revenue of $18.37 billion. Urban Outfitters reported a 10% increase in net sales for the two months ended Dec. 31, 2023. PriceSmart is expected to post earnings of $1.09 per share on revenue of $1.16 billion.
January 09, 2024 | 7:03 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Albertsons is expected to report earnings of 65 cents per share on revenue of $18.37 billion, with shares down 1% after-hours.
Earnings anticipation can lead to stock movement, but the after-hours dip suggests a neutral to slightly negative short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
PriceSmart is expected to post earnings of $1.09 per share on revenue of $1.16 billion, with a slight gain in after-hours trading.
The market is showing a neutral response ahead of the earnings report, indicating a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
TD SYNNEX is expected to report earnings of $2.68 per share on revenue of $14.48 billion, with shares slightly up pre-announcement.
Earnings reports can cause stock price volatility, but the slight pre-announcement gain suggests a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
MDxHealth reported preliminary Q4 revenue of $19.4 million and a positive FY24 revenue outlook, with shares jumping 12.2% after-hours.
Positive revenue news and a forecast exceeding estimates typically lead to a positive short-term impact on stock price.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Urban Outfitters reported a 10% increase in net sales for the recent two-month period, with shares up 5.8% after-hours.
A significant increase in net sales is a positive indicator, likely leading to a short-term positive impact on the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85