Market Overview

Stocks To Watch For September 20, 2012

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Some of the stocks that may grab investor focus today are:

Wall Street expects ConAgra Foods (NYSE: CAG) to report its Q1 earnings at $0.36 per share on revenue of $3.24 billion. ConAgra Foods shares gained 0.04% to close at $25.65 yesterday.

Adobe Systems (NASDAQ: ADBE) issued a downbeat profit forecast for the fiscal fourth quarter. Adobe expects adjusted profit of $0.53 to $0.58 per share on revenue of $1.075 billion to $1.125 billion. However, analysts were projecting a profit of $0.67 per share on revenue of $1.21 billion. Adobe shares fell 0.94% to $32.81 in the after-hours trading session.

Analysts are expecting CarMax (NYSE: KMX) to have earned $0.52 per share on revenue of $2.75 billion in the second quarter. CarMax shares rose 1.66% to $32.50 in after-hours trading.

Bed Bath & Beyond (NASDAQ: BBBY) reported weaker-than-expected second-quarter earnings. Bed Bath & Beyond shares tumbled 4.42% to $65.75 in the after-hours trading session.

Analysts expect Rite Aid (NYSE: RAD) to report a Q2 loss at $0.02 per share on revenue of $6.47 billion. Rite Aid shares gained 0.76% to $1.32 in after-hours trading.

Posted-In: Stocks To WatchEarnings News Guidance Pre-Market Outlook Markets Trading Ideas

 

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