Darden Restaurants, FedEx And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
Darden Restaurants, Steelcase, FactSet Research, Exicure, and FedEx are key stocks to watch as they report earnings or receive significant updates. Darden and FactSet are expected to release earnings before the market opens, while FedEx will report after the closing bell. Steelcase reported better-than-expected earnings but missed sales estimates, and Exicure received a Nasdaq extension.
September 19, 2024 | 6:30 am
News sentiment analysis
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NEGATIVE IMPACT
Steelcase reported better-than-expected earnings but missed sales estimates. Shares dropped 11.5% in after-hours trading.
Despite better earnings, missing sales estimates led to a significant drop in share price, indicating negative short-term sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Darden Restaurants is expected to report earnings of $1.83 per share on $2.8 billion revenue. Shares fell 0.2% in after-hours trading.
Darden's earnings report is anticipated, with a slight decline in after-hours trading suggesting neutral sentiment. Investors will focus on whether actual results meet expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
FactSet Research is expected to report earnings of $3.62 per share on $546.81 million revenue. Shares rose 0.4% in after-hours trading.
Positive after-hours movement suggests optimism about upcoming earnings, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
FedEx is expected to report earnings of $4.80 per share on $21.96 billion revenue. Shares gained 0.5% in after-hours trading.
The positive after-hours movement suggests investor optimism about the upcoming earnings report, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Exicure received a Nasdaq extension, causing shares to jump 168.1% in after-hours trading.
The Nasdaq extension is a positive development, leading to a significant increase in share price, indicating strong short-term bullish sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60