Market Overview

Stocks To Watch For June 18, 2014

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

Wall Street expects FedEx (NYSE: FDX) to report its Q4 earnings at $2.36 per share on revenue of $11.66 billion. FedEx shares fell 0.08% to $140.20 in after-hours trading.

Adobe Systems (NASDAQ: ADBE) reported stronger-than-expected second-quarter earnings. Adobe reported its adjusted earnings of $0.37 per share, beating analysts' estimates of $0.30 per share. Adobe shares climbed 9.42% to $73.90 in the after-hours trading session.

Analysts are expecting Red Hat (NYSE: RHT) to have earned $0.33 per share on revenue of $413.98 million in the first quarter. Red Hat shares gained 0.51% to $52.70 in after-hours trading.

La-Z-Boy (NYSE: LZB) reported downbeat fourth-quarter revenue. The company also announced its plans to stop production at Hudson plant this year. Its same-store sales declined 0.9% in the quarter, versus an 11.2% gain in the year-ago quarter. La-Z-Boy shares slipped 10.71% to $22.18 in the after-hours trading session.

Jabil Circuit (NYSE: JBL) is projected to post a Q3 loss at $0.09 per share on revenue of $3.60 billion. Jabil Circuit shares rose 0.15% to $20.00 in after-hours trading.

Analysts expect Actuant (NYSE: ATU) to report its Q3 earnings at $0.63 per share on revenue of $376.57 million. Actuant shares gained 0.83% to close at $36.30 yesterday.

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

 

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