Stocks To Watch For May 31
Some of the stocks that may grab investor focus today are:
Wall Street expects CIENA Corp (NASDAQ: CIEN) to post a Q2 loss at $0.03 per share on revenue of $447.37 million. CIEN shares gained 0.42% to $11.93 in after-hours trading.
Coldwater Creek Inc (NASDAQ: CWTR) reported a FQ1 loss of $23.8 million, or $0.20 per share, versus a year-ago loss of $30 million, or $0.32 per share. Its revenue declined to $169.9 million from $179.8 million. However, analysts were expecting a loss of $0.20 per share on revenue of $173.3 million. CWTR shares dropped 5.95% to $0.790 in the after-hours trading session.
Analysts expect Joy Global Inc (NYSE: JOY) to post its Q2 EPS at $1.95 on revenue of $1.43 billion. JOY shares fell 0.08% to $59.00 in after-hours trading.
Lions Gate Entertainment Corp (NYSE: LGF) posted a loss in the fourth quarter, versus a profit in the year-ago period. LGF shares dropped 6.61% to $12.00 in after-hours trading.
TiVo Inc (NASDAQ: TIVO) posted a loss of $20.8 million in its fiscal first quarter. TIVO shares dropped 1.79% to $8.80 in the after-hours trading session.
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