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Key Metrics: Target, Amcor, Wolfspeed, and Avnet's Earnings Preview

  • August 13th, 2023
  • 210 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%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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