After investors raced for the exits following their last earnings reports, FedEx and Nike will try it again in the week ahead.
After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again. And they’ll offer important reads on demand as inflation-chastened consumers navigate holiday shopping.
FactSet senior earnings analyst John Butters, in a report on Friday, said that analysts and companies “have been slightly less pessimistic in their earnings outlooks for S&P 500 companies for the fourth quarter compared to the third quarter,” even if they’re more cautious when compared to trends over the last five years.
“It is interesting to note that the same three sectors that had the highest percentages of Buy ratings at the end of last year also have the highest percentages of Buy ratings at the end of this year,” Butters said in the report. Cruise-line operator Carnival Corp. CCL will report Wednesday, with analyst reservations about the travel rebound starting to surface. Micron Technology Inc. MU , a chip maker facing concerns about memory demand on electronic devices is due to report.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Father of Athena Strand, Texas Girl Allegedly Killed by FedEx Driver, Files LawsuitThe father of 7-year-old Athena Strand filed a lawsuit against alleged murderer and delivery driver Tanner Horner, as well as FedEx and Big Topspin.
Leer más »
FedEx and Goodyear face wrongful death suit over fiery fatal car crashAlabama woman sues FedEx, blames faulty tires after her husband was killed in crash with a delivery truck that had a blowout
Leer más »
2 shot in the chest during meetup to buy Nike Jordans at Sheldon Park, HCSO saysA man and woman told investigators they went to the park to meet a man about purchasing Nike Jordans and both ended up shot in the chest.
Leer más »
Need shipping deadlines before Christmas? Here's your last chance to send holiday packagesNeed to ship a gift before Christmas? Here are the 2022 holiday shipping deadlines for USPS, UPS and FedEx
Leer más »
Giants downplaying ‘big-game’ factor in must-win against CommandersTry to get coach Brian Daboll to take Sunday night’s game against the Commanders at FedEx Field and raise it to a heightened level and win a prize.
Leer más »