Stocks to watch today
Paradox Interactive – reports Q3 operating loss on 42% decline in revenue due to cancelled new games and low uptake on existing games, but analysts seem confident in the CEO’s ability to turn around the company in 2022.
Land Securities – good 1H results on stabilization of asset values and analysts are warming up to the property company as it seems the worst is behind now.
Vodafone – reports 3Q results in line with expectations and raises free cash flow guidance.
Europcar – boost fiscal year outlook for EBITDA to €170mn from €150nm on better-than-expected pricing. Volume is still key risk due to Covid-19 wave.
Home Depot – same-store sales up 6.1% vs est. 1.5% and Q2 revenue of $36.8bn vs est. $33.5bn showing that Americans are still upgrading and fixing their homes.
Walmart – raises fiscal year outlook following same-store sales growth excluding gasoline of 9.9% vs est. 7% although e-commerce growth is coming down as the society has opened up.
Pfizer – has agreed to produce and sell and cheaper version of its promising Covid pill for treating patients that has got hospitalized with Covid.