Apple, ScanSource And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Avi Kapoor
Investors are focusing on several stocks today, including ScanSource, XWELL, PVH Corp., Apple, and Nordstrom. ScanSource is expected to report earnings, XWELL announced a partnership, PVH Corp. and Nordstrom are set to release earnings, and Apple announced a CFO transition.
August 27, 2024 | 6:19 am
News sentiment analysis
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NEUTRAL IMPACT
Apple announced Kevan Parekh as the new CFO. Shares fell 0.3% in after-hours trading.
The CFO transition is a notable corporate change, but the slight share price decrease suggests limited short-term impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Nordstrom is expected to report earnings of 71 cents per share on $3.9 billion revenue. Shares fell 0.1% in after-hours trading.
The earnings report is a key event, but the minor after-hours decline suggests a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
NEUTRAL IMPACT
PVH Corp. is expected to post earnings of $2.29 per share on $2.07 billion revenue. Shares gained 0.1% in after-hours trading.
The upcoming earnings report is crucial, but the minimal after-hours movement suggests limited immediate impact.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
NEUTRAL IMPACT
ScanSource is expected to report quarterly earnings of 93 cents per share on $843.14 million revenue. Shares fell 1.1% in after-hours trading.
The expected earnings report is a significant event for ScanSource, but the after-hours price drop suggests mixed investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
XWELL shares surged 25% after announcing a two-year partnership with Priority Pass.
The significant share price increase indicates strong positive investor reaction to the partnership announcement.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90