Applied Materials, RBC Bearings And 3 Stocks To Watch Heading Into Friday
Portfolio Pulse from Avi Kapoor
Several stocks are poised to capture investor attention today. RBC Bearings (RBC) is expected to report earnings of $2.36 per share on $413.51 million revenue. Applied Materials (AMAT) reported strong Q2 results and provided optimistic Q3 guidance. H World Group (HTHT) is anticipated to post earnings of 28 cents per share on $711.50 million revenue. Doximity (DOCS) exceeded Q4 expectations and provided strong Q1 revenue guidance. RLX Technology (RLX) is expected to report earnings of 2 cents per share on $74.11 million revenue.
May 17, 2024 | 6:31 am
News sentiment analysis
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NEUTRAL IMPACT
RBC Bearings is expected to report earnings of $2.36 per share on revenue of $413.51 million. Shares fell 1% to $265.00 in after-hours trading.
The earnings report is likely to confirm or adjust investor expectations. The slight drop in after-hours trading suggests mixed sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
RLX Technology is expected to report earnings of 2 cents per share on revenue of $74.11 million. Shares rose 0.9% to $2.1698 in after-hours trading.
The modest after-hours increase suggests limited but positive investor sentiment ahead of the earnings report.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Applied Materials reported better-than-expected Q2 results and provided optimistic Q3 guidance. Shares slipped 1.2% to $211.51 in after-hours trading.
Strong Q2 results and positive Q3 guidance are likely to boost investor confidence despite the slight after-hours dip.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Doximity reported stronger-than-expected Q4 results and provided strong Q1 revenue guidance. Shares jumped 15.8% to $27.48 in after-hours trading.
The significant after-hours price increase indicates strong investor confidence following the positive earnings report and guidance.
CONFIDENCE 95
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
H World Group is expected to post earnings of 28 cents per share on revenue of $711.50 million. Shares rose 2.3% to $43.00 in after-hours trading.
Positive after-hours movement suggests investor optimism ahead of the earnings report.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70