Key Metrics: Target, Amcor, Wolfspeed, and Avnet's Earnings Preview
- August 13th, 2023
- 315 views
A series of companies are scheduled to unveil their financial results on Wednesday, August 16, including:
Target Corporation (NYSE: TGT), a prominent figure in the retail sector, is set to report its second quarter 2023 earnings results prior to the market opening.
Analysts are forecasting an EPS of $1.43 on revenue of $25.3 billion.
$TGT closed at $131.05 on Friday, up $0.13 (+0.10%).
Amcor plc (NYSE: AMCR), operating in the packaging industry, will announce its full fiscal-year 2023 results following the closure of the US market.
The consensus EPS estimate stands at $0.18, accompanied by revenue of $3.69 billion.
On Friday, $AMCR closed at $9.69, showing a decrease of $0.03 (-0.31%).
Wolfspeed, Inc. (NYSE: WOLF), a player in the technology sector, is slated to release its fourth quarter and full year fiscal 2023 financial results after the close of market.
Analysts are expecting a loss of $0.20 per share, with revenue amounting to $222.82 million.
$WOLF closed at $54.43 on Friday, down $0.03 (-0.06%).
Avnet, Inc. (Nasdaq: AVT), operating in the technology distribution industry, will report its financial results for the fourth quarter and fiscal year 2023 following market closure.
The consensus estimate points to an EPS of $1.65, with revenue of $6.27 billion.
On Friday, $AVT closed at $45.83, reflecting a decline of $0.11 (-0.24%).
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