Kroger, Broadcom And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
U.S. stock futures are trading lower, with focus on earnings reports and financial results from companies like Kroger, Rush Street Interactive, Broadcom, Victoria's Secret, and Costco. Kroger is expected to report earnings with a slight decline in after-hours trading. Rush Street Interactive shares surged after reporting strong Q4 results and 2024 revenue guidance. Broadcom is anticipated to post significant earnings, with a slight gain in after-hours trading. Victoria's Secret reported upbeat Q4 earnings but missed sales estimates, leading to a sharp decline in its shares. Costco is expected to report its earnings, with a minor gain in after-hours trading.
March 07, 2024 | 7:52 am
News sentiment analysis
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POSITIVE IMPACT
Broadcom is expected to report significant earnings, with a slight increase in after-hours trading.
The expectation of high earnings for Broadcom and a slight uptick in after-hours trading indicate a positive investor outlook, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Costco is expected to report its earnings, with a minor gain in after-hours trading.
The anticipation of Costco's earnings report and a slight increase in after-hours trading suggest a positive outlook from investors, potentially impacting the stock price positively in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Rush Street Interactive reported strong Q4 results and 2024 revenue guidance, causing a significant jump in shares.
The better-than-expected Q4 financial results and strong revenue guidance for 2024 have positively influenced investor sentiment, leading to a substantial increase in Rush Street Interactive's share price.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Kroger is expected to report quarterly earnings, with shares slightly down in after-hours trading.
The anticipation of Kroger's earnings report and a minor decline in after-hours trading suggest a cautious outlook from investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Victoria's Secret reported upbeat Q4 earnings but missed sales estimates, leading to a sharp decline in shares.
Although Victoria's Secret posted strong Q4 earnings, the miss on sales estimates and the subsequent sharp decline in share price reflect negatively on investor sentiment, likely impacting the stock negatively in the short term.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90