Earnings Scheduled For October 27, 2022
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.
REITs Continue To Rally On Greater-Than-Expected Inflationary Data
The major real estate investment trusts (REITs) started to rally after the Oct. 13, 2022, consumer price index report from the U. S. Bureau of Labor Statistics, despite the slightly hotter-than-expected September inflation number of 8.2% year-over-year figure versus the expected 8.1% year-over-year. The previous month had come in at 8.3%.
Weyerhaeuser: The Major REIT With, Possibly, The Least Amount Of Debt
Relative to the amount of shareholder equity, Weyerhaeuser Co. (NYSE: WY) may be among the major real estate investment trusts (REIT) with the least amount of debt. This consideration may be of greater importance as the Federal Reserve takes further actions to increase interest rates.
UBS Slashes PT On This Stock By Over 89%? Plus Evercore ISI Group Predicts $150 For First Solar
Evercore ISI Group boosted First Solar, Inc. (NASDAQ: FSLR) price target from $88 to $150. First Solar shares rose 1.7% to $138.49 in pre-market trading.
B of A Securities Downgrades Weyerhaeuser to Neutral
B of A Securities analyst George Staphos downgrades Weyerhaeuser (NYSE:WY) from Buy to Neutral.
Stocks That Hit 52-Week Lows On Friday
During Friday's session, 574 stocks hit new 52-week lows.
Weyerhaeuser Union Members Go On Strike In Oregon & Washington
Weyerhaeuser Co (NYSE:WY) said its operations in Oregon and Washington were affected by a work stoppage by its union members. The…
3 Unique REIT Archetypes You Need In Your Portfolio
Real estate investment trusts (REITs) afford individuals the opportunity to invest in real estate. Typically REITs are massive in scale and are income producing. REITs can be diverse or focus on a specific segment.