Micron's 'stumbling block' could be its Q4 revenue guidance [Yahoo! Finance Canada]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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Source: Yahoo! Finance Canada
of $0.62 per share (expected $0.50 per share) and $6.81 billion in revenue (expected $6.67 billion) after the market close on Wednesday. While closing just a pinch higher in Wednesday's regular trading hours, Micron shares are dropping in after-hours trading. Synovus Trust Senior Portfolio Manager Dan Morgan comes onto Market Domination Overtime to comment on the chip company's guidance while it's now being considered a top AI play. Micron's stock has currently swung higher by over 72% in 2024 year-to-date. "It looks like the stumbling block right now.... was that revenue number $7.6 billion plus-or-minus $200,000, that's exactly what the Street was looking for," Morgan tells Yahoo Finance. "I was looking over kind of what the expectations were, and the motto really seemed to be 'beat on the third quarter and raise on the fourth quarter.' And the fact that they didn't raise that revenue number and they came in line, I think that... is why we're seeing the stock sell off a little b
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SNV
News
- Synovus Financial Corp. (NYSE: SNV) had its price target raised by analysts at JPMorgan Chase & Co. from $48.00 to $49.00. They now have an "overweight" rating on the stock.MarketBeat
- Slide Insurance Secures $175 Million Senior Credit Facility [Yahoo! Finance]Yahoo! Finance
- Micron earnings in focus, Fed's bank stress test results: Yahoo Finance [Yahoo! Finance Canada]Yahoo! Finance Canada
- Synovus' (SNV) Organic Expansion Drives Growth, High Costs Ail [Yahoo! Finance]Yahoo! Finance
- Synovus Financial Corp. (NYSE: SNV) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $46.00 price target on the stock, up previously from $39.00.MarketBeat
SNV
Earnings
- 4/17/24 - Miss
SNV
Sec Filings
- 6/11/24 - Form 4
- 6/10/24 - Form 4
- 6/7/24 - Form 4
- SNV's page on the SEC website