Trade update, Aramco IPO pricing and retail earnings: 3 things to watch for in the markets on Monday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

We'll get an update on trade, Aramco is set to price its IPO, and a bunch of retail names will report earnings.

. The retailer did, however, beat earnings per share expectations, and same-store sales came in at 3.2%, which was also ahead of estimates.

Target reports on Wednesday before the market opens and according to estimates from FactSet analysts are expecting the company to earn $1.19 on $18.44 billion in revenue. The revenue estimate is 3.5% higher than the $17.82 billion the companyKeyBanc analyst Edward Yruma said that he's expecting a "sequential slowdown" from last quarter's earnings per share of $1.82, due to "higher supply chain costs and a pull-forward of inventory receipts." His $1.

He has an overweight rating on the stock since he believes it is "uniquely positioned to capture share from store closures in the mid-tier department." His $130 target on the stock implies 15% upside ahead.5 p.m. Fed's Mary Daly

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Walmart and Nvidia earnings, Powell testimony: 3 things to watch for in the markets on ThursdayWe'll get earnings from big-box retailer Walmart and chipmaker Nvidia, as well as day two of Federal Reserve Chairman Jerome Powell's testimony to Congress. You might want to add Amazon as it crashes one big caca bowl of poop and pee
La source: CNBC - 🏆 12. / 72 Lire la suite »

Here's the level to watch in Costco as retail earnings roll inCosto's recent uptrend has been so strong that it's worth putting on a bullish trade into earnings, says Todd Gordon, founder of TradingAnalysis.com. TradingNation
La source: CNBC - 🏆 12. / 72 Lire la suite »