Stocks To Watch For October 18
Some of the stocks that may grab investor focus today are:
International Business Machines Corp (NYSE: IBM) reported its Q3 adjusted earnings at $3.28 per share on revenue of $26.2 billion. However, analysts were expecting a profit of $3.22 per share on revenue of $26.3 billion. IBM shares fell 3.99% to $179.15 in after-hours trading.
Wall Street expects Goldman Sachs Group Inc (NYSE: GS) to report a third-quarter loss of $0.07 per share on revenue of $4.95 billion. GS shares gained 0.18% to close at $96.90 yesterday.
Crocs Inc (NASDAQ: CROX) lowered its Q3 forecast. It now projects earnings of $0.31 to $0.33 per share on revenue of $273 million to $275 million, down from its earlier forecast of $0.40 per share on revenue of $280 million. However, analysts were expecting a profit of $0.40 per share on revenue of $280.4 million. Crocs shares dipped 35.29% to $17.24 in the after-hours trading session.
Analysts expect Bank of America Corp (NYSE: BAC) to report its Q3 earnings at $0.28 per share on revenue of $25.7 billion. BAC shares rose 0.33% to $6.05 in after-hours trading.
VMware Inc (NYSE: VMW) reported upbeat third-quarter results. The company reported its quarterly adjusted earnings at $0.53 per share on revenue of $942 million. However, analysts were expecting earnings of $0.50 per share on revenue of $929.7 million. VMW shares dropped 1.91% to $87.81 in the after-hours trading session.
