Market Overview

Stocks To Watch For April 4, 2014

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

Wall Street expects CarMax (NYSE: KMX) to report its Q4 earnings at $0.53 per share on revenue of $3.18 billion. CarMax shares gained 1.51% to $48.28 in after-hours trading.

Micron Technology (NASDAQ: MU) swung to a profit in the fiscal second quarter. Micron posted its quarterly profit of $731 million, or $0.61 per share, versus a year-ago loss of $286 million, or $0.28 per share. Its revenue surged to $4.11 billion versus $2.08 billion. On an adjusted basis, Micron earned $0.85 per share, beating analysts' estimates of $0.74 per share. Micron shares gained 1.46% to $24.35 in the after-hours trading session.

Analysts expect AZZ (NYSE: AZZ) to report its Q4 earnings at $0.42 per share on revenue of $191.97 million. AZZ shares rose 0.59% to close at $44.34 yesterday.

Shares of GrubHub (NYSE: GRUB) are set to begin publicly trading today. The company priced its IPO at $26 per share, according to reports.

Synnex (NYSE: SNX) reported better-than-expected fiscal first-quarter results and issued a strong forecast for the fiscal second quarter. For the current quarter, Synnex expected earnings of $1.34 to $1.38 per share on revenue of $3.1 billion to $3.2 billion. Synnex shares jumped 19.19% to $74.40 in the after-hours trading session.

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

 

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