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Earnings Forecasts Influence After-Hours Stock Activity

Investors focus on earnings forecasts as stocks react. Snap Inc. and Pfizer, Inc. are set to report earnings with differing EPS expectations, which could impact their stock prices significantly.

Date: 
AI Rating:   6
Earnings Per Share (EPS)
Snap Inc. is expected to report an EPS of -0.04 for the fiscal quarter ending Dec2024, indicating a -12% increase compared to last year’s EPS. This negative figure usually raises concerns about profitability despite the increase over the previous year. On the other hand, Pfizer, Inc. has a consensus EPS forecast of 0.48 for the same reporting period, which represents a 10% increase over the EPS from a year ago, signifying positive momentum.

Implications for Investors
Negative EPS projections for Snap could lead to selling pressure before and after the earnings report, particularly if the actual results do not meet expectations or show further deterioration. In contrast, Pfizer may experience upward momentum from its positive EPS forecast, which can pique investor interest and lead to a possible increase in stock prices.

Other Stocks
NVIDIA and AT&T are also showing gains with recommendations in the “buy range,” which could influence investor sentiment positively. Recent trading volumes for all mentioned stocks are significant, but the real impact on stock prices will depend largely on the upcoming earnings reports for Snap and Pfizer. Stocks like Apple and Intel, while not directly quoted in earnings estimates here, are at-risk for correlated movements based on overall market sentiment as conditioned by the performances of key players like Snap and Pfizer.