Stocks To Watch For February 10 (PEP, CSCO, KFT, WFMI, EXPE)
Some of the stocks that may grab investor focus today are:
Wall Street expects PepsiCo (NYSE: PEP) to report its Q4 EPS at $1.04 on revenue of $17.64 billion. PEP shares dropped 0.11% to $64.35 in after-hours trading.
Cisco Systems Inc (NASDAQ: CSCO) reported its FQ2 net income at $1.52 billion, or $0.27 per share, down from $1.85 billion, or $0.32 per share, in the year-ago period. The company's earnings on a non-GAAP basis came in at $0.37 per share. The company's revenue increased 6% to $10.4 billion. However, analysts expected earnings of $0.35 per share on revenue of $10.3 billion. CSCO's revenue in the key switching unit dropped 7% for the same period. The company's gross margin for the period dropped to 62.4%, compared with analysts' projections of 63.3%. CSCO shares dipped 8.66% to $20.13 in the after-hours trading session.
Analysts are expecting Kraft Foods Inc (NYSE: KFT) to have earned $0.46 per share on revenue of $13.47 billion in fourth quarter. KFT shares gained 0.06% to $31.26 in after-hours trading.
Whole Foods Market Inc (NASDAQ: WFMI) reported 61% y/y surge in its quarterly net income. The company's earnings came in at $0.51 per share. However, analysts were expecting earnings of $0.46 per share. The company's sales advanced 14% to $3 billion. Whole Foods lifted its FY11 earnings guidance from $1.66 to $1.71 per share to $1.76 to $1.80 per share. WFMI shares jumped 9.25% to $58.72 in the after-hours trading session.
Analysts expect Expedia (NASDAQ: EXPE) to report its Q4 EPS at $0.36 on revenue of $802.31 million. EXPE shares rose 0.43% to $25.54 in after-hours trading.
