Micron, Signet Jewelers And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Avi Kapoor
U.S. stock futures are trading lower, with focus on General Mills, HealthEquity, Signet Jewelers, Moleculin Biotech, and Micron Technology due to earnings reports and corporate actions. General Mills is expected to report earnings of $1.05 per share on $4.96 billion revenue. HealthEquity reported upbeat Q4 earnings. Signet Jewelers is anticipated to report earnings of $6.37 per share on $2.55 billion revenue. Moleculin Biotech announced a 1-for-15 reverse stock split. Micron Technology is expected to post a quarterly loss of 26 cents per share on $5.33 billion revenue.
March 20, 2024 | 6:44 am
News sentiment analysis
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NEUTRAL IMPACT
General Mills is expected to report earnings of $1.05 per share on $4.96 billion revenue. Shares fell 0.4% in after-hours.
The expected earnings report and slight after-hours dip suggest a neutral short-term impact, pending actual earnings results.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Micron Technology is expected to post a quarterly loss of 26 cents per share on $5.33 billion revenue. Shares slightly rose by 0.01% in after-hours.
The expected loss and minimal after-hours share price movement suggest a neutral short-term impact, pending actual earnings results.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
Signet Jewelers is expected to report earnings of $6.37 per share on $2.55 billion revenue. Shares rose 0.3% in after-hours.
The anticipation of earnings report and minor after-hours share price increase suggest a neutral short-term impact, pending actual results.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
HealthEquity reported upbeat Q4 earnings, with shares gaining 2.6% in after-hours trading.
The positive earnings report and subsequent share price increase indicate a likely short-term positive impact.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Moleculin Biotech announced a 1-for-15 reverse stock split, with shares gaining 5% in after-hours trading.
The reverse stock split and share price increase indicate a short-term positive impact, though such actions often have mixed long-term effects.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70