Major Earnings Reports Expected Before Thursday's Open
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5h ago
0mins
Source: seekingalpha
- Earnings Release Companies: Major companies expected to report earnings before Thursday's open include Altria Group (MO), Caterpillar (CAT), Lockheed Martin (LMT), Mastercard (MA), and Nokia (NOK), all of which hold significant positions in their respective industries.
- Additional Earnings Forecast: Furthermore, other companies anticipated to release earnings include ALGM, AMP, AOS, among nearly 70 others, indicating strong market interest in the upcoming earnings season.
- Market Reaction Expectations: Investor reactions to these earnings reports could significantly impact the stock price volatility of the respective companies, especially amid increasing economic uncertainty, making the results a crucial indicator of market sentiment.
- Importance of Earnings Season: The earnings season is typically a critical time for investors to assess company performance and future prospects, particularly in the current economic climate where corporate profitability and growth potential will be closely scrutinized.
Analyst Views on FLWS
Wall Street analysts forecast FLWS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLWS is 8.25 USD with a low forecast of 7.50 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 4.050
Low
7.50
Averages
8.25
High
9.00
Current: 4.050
Low
7.50
Averages
8.25
High
9.00
About FLWS
1-800-Flowers.Com, Inc. is a provider of gifts designed to help customers to give, connect, and build relationships. Its segments include Consumer Floral & Gifts, Gourmet Foods & Gift Baskets and BloomNet. Its e-commerce business platform features a family of brands, including 1-800-Flowers.com, 1-800-Baskets.com, Cheryl’s Cookies, Harry & David, PersonalizationMall.com, Shari’s Berries, FruitBouquets.com, Things Remembered, Moose Munch, The Popcorn Factory, Wolferman’s Bakery, Vital Choice, Scharffen Berger and Simply Chocolate. The Celebrations Passport loyalty program provides members with free standard shipping and no service charge on eligible products across its portfolio of brands. It operates BloomNet, an international floral and gift industry service provider; Napco, a resource for floral gifts and seasonal decor; DesignPac Gifts, LLC, a manufacturer of gift baskets and towers; Alice’s Table, a lifestyle business, and Card Isle, an e-commerce greeting card service.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
