Sherwin-Williams, Valero Energy And More On CNBC's 'Final Trades'
Portfolio Pulse from Avi Kapoor
On CNBC's 'Halftime Report Final Trades,' experts highlighted Sherwin-Williams (SHW), iShares U.S. Real Estate ETF (IYR), and Valero Energy (VLO). Sherwin-Williams reported Q4 revenue and EPS above consensus, with an FY24 EPS forecast slightly below analyst expectations. Valero Energy's Q4 revenue missed consensus but exceeded EPS expectations and announced a dividend increase. Both SHW and IYR shares fell, while VLO shares rose.
March 14, 2024 | 12:33 pm
News sentiment analysis
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NEGATIVE IMPACT
iShares U.S. Real Estate ETF was picked by an expert on CNBC's 'Halftime Report Final Trades.' The ETF's shares fell 0.5% during Wednesday's session.
The mention on CNBC's 'Halftime Report' could increase visibility, but the immediate price action was negative. The short-term impact appears slightly bearish due to the recent price drop.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Sherwin-Williams reported higher than expected Q4 revenue and EPS, but its FY24 EPS forecast is slightly below analyst expectations.
Despite beating Q4 expectations, the slightly lower FY24 EPS forecast compared to analyst consensus may concern investors, leading to a negative short-term impact on SHW's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Valero Energy's Q4 revenue missed consensus but exceeded EPS expectations and announced a dividend increase. Shares rose 5.2%.
Valero Energy's strong EPS performance and dividend increase likely contributed to positive investor sentiment, leading to a significant rise in its stock price.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90