Apple, Kellanova And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
Wall Street anticipates earnings reports from Apple, Kellanova, ConocoPhillips, and others, with Apple expected to report $1.50 per share on $90.01 billion revenue. ArcelorMittal exceeded Q1 expectations, while Sarepta Therapeutics reported strong Q1 results. Analysts predict earnings for ConocoPhillips and Kellanova, with their stocks showing varied movements in after-hours trading.
May 02, 2024 | 6:25 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Apple is expected to report quarterly earnings of $1.50 per share on revenue of $90.01 billion. Shares rose 0.6% in after-hours.
Positive anticipation of earnings report and after-hours stock rise suggest a bullish short-term outlook.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 90
POSITIVE IMPACT
Kellanova is expected to post quarterly earnings at 85 cents per share on revenue of $3.16 billion. Shares rose 1% in after-hours.
Positive after-hours movement and earnings anticipation suggest a bullish short-term sentiment.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 85
POSITIVE IMPACT
ArcelorMittal reported better-than-expected Q1 earnings, with shares gaining 0.2%.
Exceeding earnings expectations typically leads to positive short-term stock performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Sarepta Therapeutics reported strong Q1 results with adjusted earnings of 73 cents per share on sales of $413.464 million. Shares surged 6% after-hours.
Strong Q1 results and a significant after-hours stock surge indicate a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
NEUTRAL IMPACT
ConocoPhillips is expected to post earnings of $2.04 per share on $15.05 billion revenue. Shares slightly fell in after-hours.
The slight after-hours dip indicates uncertainty, but upcoming earnings could influence stock direction.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 85