Dollar Tree, Williams-Sonoma And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Avi Kapoor
Dollar Tree, Minim, Williams-Sonoma, Clover Health Investments, and Lennar Corporation are stocks to watch, with earnings reports and a merger announcement affecting their after-hours trading. Dollar Tree and Williams-Sonoma are set to report earnings, Minim announced a merger with e2Companies, Clover Health reported strong Q4 revenue and FY24 guidance, and Lennar is expected to report earnings.
March 13, 2024 | 8:40 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Clover Health reported better-than-expected Q4 revenue and strong FY24 insurance revenue guidance, shares gained 5.6% in after-hours.
The positive earnings report and strong future guidance likely contribute to the short-term positive sentiment.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Dollar Tree is expected to report quarterly earnings of $2.65 per share on revenue of $8.67 billion. Shares gained 0.1% in after-hours trading.
Positive anticipation of earnings report and slight after-hours gain suggest a short-term positive impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Lennar Corporation is expected to report earnings of $2.20 per share on revenue of $7.39 billion. Shares slightly rose by 0.02% in after-hours.
The minimal after-hours movement suggests a neutral to slightly positive market anticipation of the earnings report.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Minim entered a definitive merger agreement with e2Companies, causing shares to jump 67.9% in after-hours trading.
The significant after-hours surge indicates a strong positive market reaction to the merger announcement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95
NEGATIVE IMPACT
Williams-Sonoma is expected to report earnings of $5.14 per share on revenue of $2.23 billion. Shares fell 0.7% in after-hours trading.
The after-hours decline suggests investor caution or disappointment ahead of the earnings report.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85