Market Overview

Stocks To Watch For July 11, 2014

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

Wall Street expects Wells Fargo & Company (NYSE: WFC) to post its Q2 earnings at $1.01 per share on revenue of $20.82 billion. Wells Fargo shares gained 0.46% to $52.05 in after-hours trading.

Rent-A-Center (NASDAQ: RCII) issued a downbeat guidance for the second quarter. The company expected adjusted earnings of $0.36 to $0.38 per share on revenue of around $773 million. Rent-A-Center shares tumbled 11.39% to $25.75 in the after-hours trading session.

Gap (NYSE: GAP) reported a 2% drop in its June same-store sales, versus analysts' expectations for a 0.7% gain. Gap shares fell 1.29% to $40.44 in the after-hours trading session.

Analysts are expecting Fastenal Company (NASDAQ: FAST) to have earned $0.44 per share on revenue of $952.45 million in the second quarter. Fastenal shares fell 0.02% to $48.15 in after-hours trading.

Arotech (NASDAQ: ARTX) announced a secondary offering of its shares. Arotech shares dipped 5.59% to $3.55 in the after-hours trading session.

PriceSmart (NASDAQ: PSMT) reported weaker-than-expected revenue for the third quarter. PriceSmart posted its quarterly earnings of $0.70 per share on revenue of $615 million. However, analysts were expecting earnings of $0.69 per share on revenue of $621.9 million. PriceSmart shares declined 4.30% to $82.50 in after-hours trading.

Posted-In: Earnings News Guidance Offerings Retail Sales Pre-Market Outlook Markets Trading Ideas

 

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