Today we are watching…
1. JinkoSolar (#jks-adr)
Investors hope the sun will shine on solar power firm JinkoSolar today as it reports its quarterly earnings results. Based in China, the company has enjoyed a growing commercial interest in solar panels both at home and overseas. Some investors believe a sales surge leading into this quarter will balance out tighter margins, but additional tariffs between the US and China are within the realms of possibility. Jinko has felt the full force of that geopolitical conflict thus far, leading to a hot and cold stock sentiment. Still, investors are optimistic that an earnings beat will power up their portfolios. Wall Street estimates sit at $0.28 in profit per share on $928 million in revenue.
2. Campbell Soup (#campbl)
Campbell Soup does what it says on the tin, and more! The company is spinning multiple nutritional plates, but recently, it let some smash. Campbell Fresh, Campbell International, and its snacks division have been thrown to the wayside so that the firm can focus on its core soup business. Unfortunately, the soup has gone cold in recent quarters, which is why a cost-saving effort has begun to counter the rising price of metal tins. Will Campbell Soup offer a tasty earnings report today? Analysts are sitting on the fence, agreeing on profit per share expectations of $0.41 on exactly $2 billion in revenue.