Stocks To Watch For April 24, 2014
Some of the stocks that may grab investor focus today are:
Wall Street expects General Motors Company (NYSE: GM) to report its Q1 earnings at $0.04 per share on revenue of $38.43 billion. GM shares fell 0.06% to $34.37 in after-hours trading.
Microsoft (NASDAQ: MSFT) is projected to post its Q3 earnings at $0.63 per share on revenue of $20.39 billion. Microsoft shares rose 0.45% to $39.87 in after-hours trading.
Apple (NASDAQ: AAPL) reported stronger-than-expected fiscal second-quarter results and announced a 7-for-1 stock split. The company also lifted its buyback plan to $90 billion from $60 billion. Apple's quarterly profit surged to $10.2 billion, or $11.62 per share, versus a year-ago profit of $9.5 billion, or $10.09 per share. Its revenue also climbed to $45.6 billion versus $43.6 billion. Apple shares jumped 7.41% to $563.65 in the after-hours trading session.
Analysts are expecting Starbucks (NASDAQ: SBUX) to have earned $0.56 per share on revenue of $3.95 billion in the second quarter. Starbucks shares gained 1.35% to $71.34 in the after-hours trading session.
Caterpillar (NYSE: CAT) is estimated to report its Q1 earnings at $1.24 per share on revenue of $13.14 billion. Caterpillar shares gained 0.31% to $103.70 in after-hours trading.
Facebook (NASDAQ: FB) reported a strong rise in its first-quarter profit. Its quarterly profit surged to $642 million, $0.25 per share, compared to a year-earlier profit of $219 million, or $0.09 per share. Excluding certain items, the company earned $0.34 per share, beating analysts' estimates of $0.24 per share. Facebook shares climbed 4.66% to $64.22 in the after-hours trading session.
Analysts expect Visa (NYSE: V) to post its Q2 earnings at $2.18 per share on revenue of $3.19 billion. Visa shares rose 0.49% to $209.85 in after-hours trading.
Verizon Communications (NYSE: VZ) is expected to report its Q1 earnings at $0.87 per share on revenue of $30.70 billion. Verizon shares gained 0.30% to $47.57 in pre-market trading.
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