Stocks To Watch For September 8
Some of the stocks that may grab investor focus today are:
Wall Street expects Smithfield Foods Inc (NYSE: SFD) to report its FQ1 EPS at $0.67 on revenue of $3.15 billion. SFD shares gained 3.57% to $22.91 in after-hours trading.
Men's Wearhouse Inc (The) (NYSE: MW) reported around 33% rise in its second-quarter net income. The company's earnings rose to $57.1 million, or $1.09 per share, from $43 million, or $0.81 per share, in year-ago quarter. Excluding one-time items, the company's earnings came in at $1.11 per share. Men's Wearhouse revenue climbed 22% to $655.5 million. However, analysts were expecting earnings of $1.04 per share on revenue of $643.6 million. For the full fiscal year, Men's Wearhouse projects earnings of $2.07 to $2.14 per share. Excluding one-time items, it projects earnings of $2.13 to $2.20 per share, versus analysts' estimates of $2.14 per share. MW shares dipped 1.90% to $28.96 in the after-hours trading session.
Analysts are expecting John Wiley & Sons Inc (NYSE: JW-A) to have earned $0.75 per share on revenue of $428.13 million in the fiscal first quarter. John Wiley & Sons shares rose 2.56% to close at $48.01 yesterday.
G-III Apparel Group Ltd (NASDAQ: GIII) reported a decline in its second-quarter profit and lowered its profit projections for the year. G-III reported its quarterly earnings at $1.6 million, or $0.08 per share, down from $3.0 million, or $0.15 per share, in the year-earlier period. Its revenue surged 22% to $230 million. However, analysts were expecting adjusted earnings of $0.20 per share on revenue of $213.9 million. G-III shares tumbled 13.47% to $24.80 in the after-hours trading session.
Analysts expect Titan Machinery Inc (NASDAQ: TITN) to report its Q2 EPS at $0.26 on revenue of $293.04 million. TITN shares surged 0.76% to $27.56 in after-hours trading.
