Stocks To Watch For March 28, 2014
Some of the stocks that may grab investor focus today are:
Wall Street expects BlackBerry (NASDAQ: BBRY) to post a Q4 loss at $0.55 per share on revenue of $1.11 billion. BlackBerry shares rose 1.66% to $9.20 in after-hours trading.
Restoration Hardware (NYSE: RH) reported adjusted Q4 earnings of $0.83 per share on revenue of $471.7 million. However, analysts were estimating earnings of $0.82 per share on revenue of $491.3 million. The company also issued a strong first-quarter profit forecast. Restoration Hardware shares jumped 7.10% to $68.34 in the after-hours trading session.
Analysts expect Finish Line (NASDAQ: FINL) to report its Q4 earnings at $0.85 per share on revenue of $529.35 million. Finish Line shares climbed 1.59% to $26.90 in after-hours trading.
SAC Capital Advisors LP lifted its stake in Zynga (NASDAQ: ZNGA) to 5.3%. Zynga shares jumped 4.70% to $4.68 in after-hours trading.
Red Hat (NYSE: RHT) reported upbeat fourth-quarter results, but issued weak full-year earnings outlook. Red Hat shares gained 0.12% to $56.20 in the after-hours trading session.
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