Domino's Pizza, Yum China And 3 Stocks To Watch Heading Into Monday
Portfolio Pulse from Avi Kapoor
U.S. stock futures are trading higher, with focus on Domino's Pizza, Yum China, Tesla, ON Semiconductor, and NXP Semiconductors due to earnings reports and Tesla's layoffs. Domino's and Yum China are expected to report their quarterly earnings, with analysts predicting specific earnings per share and revenue figures. Tesla is laying off 693 employees in Nevada and raised the price of its Model 3 Performance. ON Semiconductor and NXP Semiconductors are also anticipated to report their earnings, with projections on earnings per share and revenue.
April 29, 2024 | 6:57 am
News sentiment analysis
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NEUTRAL IMPACT
Tesla to lay off 693 employees in Nevada amid cost reduction efforts and raised the price of its Model 3 Performance by $1000. Shares rose 0.4% after-hours.
While layoffs and price hikes are typically negative, the after-hours stock rise suggests a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Domino's Pizza is expected to report quarterly earnings at $3.39 per share on revenue of $1.08 billion. Shares rose 0.3% in after-hours trading.
Positive anticipation of earnings report and after-hours stock movement suggest a short-term bullish outlook for DPZ.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
NXP Semiconductors expected to post quarterly earnings at $3.16 per share on revenue of $3.13 billion. Shares rose 0.5% in after-hours trading.
Anticipation of a strong earnings report and positive stock movement after-hours suggest a bullish short-term outlook for NXPI.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
ON Semiconductor is projected to report quarterly earnings at $1.04 per share on revenue of $1.85 billion. Shares rose 0.7% in after-hours trading.
The positive after-hours trading movement suggests optimism around the earnings report, indicating a short-term positive impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Yum China is expected to post quarterly earnings at 65 cents per share on revenue of $3.05 billion. Shares rose 0.7% in after-hours trading.
The expected earnings report and positive after-hours trading indicate a potential short-term uptrend for YUMC.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90