Kroger, Adobe And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
Several stocks are in focus as U.S. stock futures rise. Kroger is expected to report earnings of $0.91 per share. Oxford Industries reported weaker-than-expected results, causing a 10.4% drop in shares. Signet Jewelers is expected to post earnings of $1.14 per share. Champions Oncology reported better-than-expected results, with shares jumping 30%. Adobe is expected to report earnings of $4.53 per share.
September 12, 2024 | 6:45 am
News sentiment analysis
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NEGATIVE IMPACT
Oxford Industries reported weaker-than-expected Q2 earnings and sales, leading to a 10.4% drop in shares.
The significant drop in share price following weak earnings indicates negative market reaction, likely leading to further short-term declines.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Signet Jewelers is expected to post earnings of $1.14 per share on $1.50 billion revenue. Shares fell 0.1% in after-hours trading.
The minor decrease in share price suggests a neutral market stance ahead of the earnings report, with potential for movement based on actual results.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Adobe is expected to report earnings of $4.53 per share on $5.37 billion revenue. Shares rose 0.2% in after-hours trading.
The slight increase in share price ahead of the earnings report suggests positive investor sentiment, with potential for further gains if results meet or exceed expectations.
CONFIDENCE 90
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Champions Oncology reported better-than-expected Q1 results, with shares jumping 30% in after-hours trading.
The significant rise in share price following better-than-expected earnings indicates strong positive market reaction, likely leading to further short-term gains.
CONFIDENCE 95
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Kroger is expected to report earnings of $0.91 per share on $34.09 billion revenue. Shares rose 0.3% in after-hours trading.
Kroger's expected earnings and slight rise in after-hours trading suggest positive investor sentiment. The earnings report could further influence the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80