Microsoft, Boeing And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Avi Kapoor
Key stocks to watch include Boeing, Microsoft, Meta Platforms, Starbucks, and Mastercard. Boeing is expected to report a quarterly loss, Microsoft reported strong earnings but saw a share price drop, Meta is anticipated to post strong earnings, Starbucks met earnings expectations but missed sales estimates, and Mastercard is expected to report solid earnings.
July 31, 2024 | 6:37 am
News sentiment analysis
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POSITIVE IMPACT
Mastercard is expected to post quarterly earnings of $3.51 per share on revenue of $6.85 billion. Shares fell 0.6% in after-hours trading.
Mastercard's expected strong earnings are likely to positively impact its stock price, despite the minor after-hours decline.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Meta Platforms is expected to post quarterly earnings of $4.73 per share on revenue of $38.31 billion. Shares fell 1% in after-hours trading.
Meta's anticipated strong earnings are likely to positively impact its stock price, despite the minor after-hours decline.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Microsoft reported better-than-expected earnings and sales for its fourth quarter, with significant growth in its Intelligent Cloud segment. Shares fell 2.7% in after-hours trading.
Despite the after-hours drop, Microsoft's strong earnings and growth in its cloud segment are likely to positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Starbucks posted in-line earnings for its third quarter, but sales missed estimates. Shares gained 3.6% in after-hours trading.
Starbucks' in-line earnings and missed sales estimates present a mixed outlook, but the after-hours gain suggests a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Boeing is expected to report a quarterly loss of $1.91 per share on revenue of $17.23 billion. Shares rose 0.46% in after-hours trading.
Boeing's expected quarterly loss is likely to negatively impact its stock price in the short term, despite a small after-hours gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100