GWRE News

Stocks

Headlines

Tech Stocks Show Mixed Results Amid After-Hours Trading

Tech Stocks Show Mixed Results. The NASDAQ 100 After Hours Indicator has declined, with major companies exhibiting varied performances. Notably, NVIDIA and Microsoft are forecasted for significant earnings growth, which could positively affect their stock prices.

Date: 
AI Rating:   7

Earnings Per Share (EPS)
Several companies are scheduled to report earnings, with impressive EPS forecasts that may have implications for stock prices. For instance, Microsoft Corporation (MSFT) has a consensus EPS forecast of 3.13, representing a 293% increase over the EPS from a year ago. Similarly, Apple Inc. (AAPL) is projected to report an EPS of 2.36, indicating a 218% increase compared to the previous year. Intel Corporation (INTC) is also expected to see a significant increase in its EPS forecasted at -0.04, reflecting a 38% rise over the last year. Furthermore, International Paper Company (IP) has an expected EPS of 0.06, showcasing a 41% increase year-over-year.

Implications for Investors
These EPS forecasts could attract investor interest and drive up the stock prices of the respective companies, particularly if these estimates are met or exceeded. The considerable year-over-year increases suggest strong operational recovery or growth potential, which generally enhances investor sentiment.

On the downside, some stocks have shown slight reductions in their after-hours prices, such as Intel and Verizon Communications Inc. (VZ). While these dips might not significantly impact their long-term outlook, they could lead to short-term volatility and investor hesitance.

Overall, while some stocks are forecasted for positive earnings growth, the mixed performance noted during after-hours trading may indicate caution amongst investors amid broader market trends.