Some people who write about stocks are watching a few companies today because they want to see how well they did in the past three months and what might happen to them in the future. One of these companies is called Warner Bros. Discovery, which makes movies and TV shows. They think this company lost some money but not as much as people thought. Another company is Block, which helps people buy things online or at stores with a service called Square. They did okay but not great in the last three months. People also want to see how much money they will make in the next three months. There are also two other companies that some people might be watching today, but we don't know their names yet. Read from source...
1. The article starts with a vague and uninformative sentence: "With U.S. stock futures trading mixed this morning on Friday". This does not provide any specific information about the market conditions or the performance of individual stocks. It is unclear why this sentence is relevant to the main topic of the article, which is supposed to be about Warner Bros. Discovery, Block and 3 other stocks to watch.
2. The article then mentions that Wall Street expects Warner Bros. Discovery to report a quarterly loss at 6 cents per share on revenue of $10.37 billion before the opening bell, according to data from Benzinga Pro. This is not a criticism of the stock or the company, but rather a factual statement that could be used to set the context for the earnings report. However, the article does not provide any analysis or commentary on why this expectation exists, what are the factors that influence it, or how it compares to other analysts' estimates or historical results. This leaves the reader with a vague impression of uncertainty and speculation without any basis for making an informed decision.
3. The article then moves on to report that Block gained 0.7% to $9.63 in after-hours trading, which is also not a criticism of the stock or the company, but rather a factual statement that could be used to show the market reaction to the earnings announcement. However, the article does not explain what Block's earnings were, how they compared to expectations, or why they are relevant for investors. This leaves the reader with another vague impression of random movement without any context or significance.
4. The article then mentions that Square reported downbeat earnings for its fourth quarter, while sales topped estimates. The company said it sees first-quarter gross profit of $2.0 billion to $2.02 billion, which would be up 24% year-over-year at the midpoint. First quarter adjusted EBITDA is expected to be. This is a criticism of the stock and the company, as it implies that they performed poorly in the previous quarter and are only projecting modest growth for the current quarter. However, the article does not provide any reasons or evidence for why this performance is inferior or undesirable, or how it affects the company's competitive position, valuation, or outlook. This leaves the reader with a negative impression of the stock without any justification or context.