Stocks To Watch For May 11 (M, DIS, CSCO, MDR, SYMC)
Some of the stocks that may grab investor focus today are:
Wall Street expects Macy's Inc (NYSE: M) to report its Q1 EPS at $0.17 on revenue of $5.82 billion. Macy's shares gained 0.84% to $26.55 in after-hours trading.
Walt Disney Co (NYSE: DIS) reported a 1% fall in its earnings for the second fiscal quarter. Disney's earnings came in at $942 million, or $0.49 per share, versus a year-ago profit of $953 million or $0.48 per share. Its sales climbed 6% to $9.08 billion. However, analysts were projecting earnings of $0.57 per share on revenue of $9.12 billion. DIS shares dropped 2.41% to $42.85 in the after-hours trading session.
Analysts are expecting Cisco Systems Inc (NASDAQ: CSCO) to have earned $0.37 per share in revenue of $10.86 billion in the fiscal third quarter. CSCO shares gained 0.17% to $17.82 in after-hours trading.
McDermott International Inc (NYSE: MDR) reported a Q1 profit at $70.4 million, or $0.30 per share, compared with $51.6 million, or $0.26 per share, in the year-ago period. Its sales surged to $899.2 million from $504.9 million. However, analysts were expecting a profit of $0.28 per share on sales of $744.8 million. MDR shares rose 0.13% to $22.61 in the after-hours trading session.
Analysts expect Symantec Corp (NASDAQ: SYMC) to report its FQ4 EPS at $0.36 on revenue of $1.60 billion. SYMC shares surged 0.26% to $19.61 in after-hours trading.
