Disney, Electronic Arts And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Avi Kapoor
Wall Street anticipates earnings reports from Disney, Electronic Arts, and McKesson, with Disney and EA expected to release their quarterly earnings today. UBS Group reported better-than-expected Q1 results, while Commercial Vehicle Group posted disappointing Q1 earnings. Disney, UBS, and EA shares saw slight increases in after-hours trading, whereas Commercial Vehicle's shares dropped.
May 07, 2024 | 7:48 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Disney is expected to report quarterly earnings of $1.10 per share on revenue of $22.12 billion. Shares rose 0.4% in after-hours trading.
Positive anticipation of Disney's earnings report and a slight increase in after-hours trading suggest a short-term bullish outlook for DIS shares.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Electronic Arts is expected to post quarterly earnings of $1.52 per share on revenue of $1.77 billion. Shares gained 0.6% in after-hours trading.
The positive after-hours trading movement and earnings anticipation suggest a bullish short-term outlook for EA shares.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
McKesson is expected to post quarterly earnings of $6.34 per share on revenue of $79.2327 billion. Shares rose 0.9% to close at $533.41 on Monday.
The positive close on Monday and anticipation of earnings report suggest a bullish short-term outlook for MCK shares.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
UBS Group AG reported better-than-expected Q1 results, with shares gaining 0.5% in after-hours trading.
UBS's better-than-expected Q1 results have likely contributed to a positive sentiment among investors, potentially driving short-term stock price appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Commercial Vehicle Group reported disappointing Q1 results, with shares falling 2% in after-hours trading.
The negative earnings report and subsequent drop in after-hours trading indicate a bearish short-term outlook for CVGI shares.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90