Donaldson, Hewlett Packard Enterprise And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Avi Kapoor
U.S. stock futures are trading lower this morning. Key stocks to watch include Donaldson Company, HealthEquity, Bath & Body Works, BARK, and Hewlett Packard Enterprise. Donaldson is expected to report earnings, HealthEquity reported strong results, Bath & Body Works and Hewlett Packard Enterprise are set to release earnings, and BARK reported disappointing results.
June 04, 2024 | 7:23 am
News sentiment analysis
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POSITIVE IMPACT
Analysts expect Bath & Body Works to post quarterly earnings of 32 cents per share on revenue of $1.36 billion. Shares gained 1.9% to $52.80 in after-hours trading.
The positive after-hours movement suggests optimism about the upcoming earnings report, which could lead to a short-term price increase if results meet or exceed expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Analysts expect Hewlett Packard Enterprise to post quarterly earnings of 39 cents per share on revenue of $6.82 billion. Shares rose 0.3% to $18.01 in after-hours trading.
The slight increase in after-hours trading suggests positive sentiment ahead of the earnings report, which could lead to a short-term price increase if results are favorable.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
HealthEquity reported better-than-expected Q1 earnings of 80 cents per share, beating the estimate of 66 cents. The company issued strong FY25 guidance. Shares climbed 5.9% to $86.00 in after-hours trading.
HealthEquity's strong earnings and guidance are likely to boost investor confidence, leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Donaldson Company is expected to report quarterly earnings of 83 cents per share on revenue of $915.84 million. Shares fell 2.4% to $71.95 on Monday.
The market is anticipating Donaldson's earnings report. The recent drop in share price suggests cautious sentiment, but the actual earnings report will determine the short-term direction.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
BARK reported downbeat Q4 financial results and issued FY25 revenue guidance below estimates. Shares dipped 10.7% to $1.25 in after-hours trading.
The disappointing financial results and weak guidance are likely to negatively impact BARK's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90