Hewlett Packard Enterprise, Accenture And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
Several key stocks are expected to grab investor focus today, including Darden Restaurants, KB Home, Jabil Inc, Hewlett Packard Enterprise, and Accenture. Darden and Jabil are set to report earnings, while KB Home has already posted better-than-expected results. Hewlett Packard Enterprise announced a partnership with Nvidia, and Accenture is also expected to report earnings.
June 20, 2024 | 7:42 am
News sentiment analysis
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POSITIVE IMPACT
Accenture is expected to report quarterly earnings of $3.15 per share on revenue of $16.55 billion. Shares gained 0.2% in after-hours trading.
Positive earnings expectations and after-hours price increase suggest a likely short-term upward movement in ACN stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Darden Restaurants is expected to report quarterly earnings of $2.62 per share on revenue of $2.98 billion. Shares gained 0.7% in after-hours trading.
Positive earnings expectations and after-hours price increase suggest a likely short-term upward movement in DRI stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Hewlett Packard Enterprise announced a partnership with Nvidia and introduced Nvidia AI Computing by HPE, targeting generative AI adoption. Shares rose 1.4% in after-hours trading.
The partnership with Nvidia and focus on AI adoption are likely to drive positive sentiment and short-term upward movement in HPE stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Jabil Inc is expected to report quarterly earnings of $1.85 per share on revenue of $6.53 billion. Shares gained 0.5% in after-hours trading.
Positive earnings expectations and after-hours price increase suggest a likely short-term upward movement in JBL stock.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
KB Home posted better-than-expected earnings and sales results for its second quarter, with shares gaining 2.2% in after-hours trading.
Better-than-expected earnings and sales results are likely to drive short-term positive momentum in KBH stock.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70