Tesla, Dow And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Avi Kapoor
U.S. stock futures are mixed with key earnings reports from Dow Inc., Lam Research, Honeywell, Tesla, and American Airlines. Dow and Honeywell are set to release earnings, while Lam Research and Tesla have already reported better-than-expected results. American Airlines is also expected to report earnings.
October 24, 2024 | 6:18 am
News sentiment analysis
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NEGATIVE IMPACT
Honeywell is expected to report earnings of $2.50 per share on $9.90 billion revenue. Shares fell 0.6% in after-hours trading.
The slight decline in after-hours trading suggests some investor caution or profit-taking ahead of the earnings release.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
American Airlines is expected to report earnings of 15 cents per share on $13.47 billion revenue. Shares rose 1% in after-hours trading.
The positive after-hours movement suggests some investor optimism ahead of the earnings release, potentially due to expected earnings figures.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Dow Inc. is expected to report earnings of 57 cents per share on $30.44 billion revenue. Shares rose 0.5% in after-hours trading.
Positive after-hours movement suggests investor optimism ahead of earnings. Expected earnings and revenue figures are crucial for short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Lam Research reported better-than-expected Q1 earnings and provided positive Q2 guidance. Shares surged 5.6% after-hours.
The strong earnings report and positive guidance have led to a significant after-hours price increase, indicating positive short-term sentiment.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Tesla reported stronger-than-expected Q3 earnings but missed sales estimates. Shares jumped 12.1% after-hours.
Despite missing sales estimates, the strong earnings beat has led to a significant positive reaction in after-hours trading, indicating strong investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100