Market Overview

Stocks To Watch For June 3, 2014

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Stocks To Watch For June 3, 2014
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Some of the stocks that may grab investor focus today are:

Wall Street expects G-III Apparel Group (NASDAQ: GIII) to report a Q1 loss at $0.15 per share on revenue of $346.13 million. G-III Apparel shares surged 3.55% to close at $75.92 yesterday.

Krispy Kreme Doughnuts (NYSE: KKD) reported weaker-than-expected first-quarter revenue and cut its FY15 outlook. Krispy Kreme posted its adjusted earnings of $0.23 per share on revenue of $121.6 million. Krispy Kreme shares tumbled 10.47% to $17.01 in the after-hours trading session.

Analysts are expecting Ascena Retail Group (NASDAQ: ASNA) to have earned $0.19 per share on revenue of $1.17 billion in the third quarter. Ascena Retail shares dropped 0.99% to close at $16.53 yesterday.

Quiksilver (NYSE: ZQK) posted a loss in the fiscal second quarter and issued a weak forecast. Quiksilver posted an adjusted loss of $0.15 per share on revenue of $408 million. However, analysts were expecting a loss of $0.02 per share on revenue of $449 million. Quiksilver shares dipped 29.71% to $4.07 in the after-hours trading session.

Analysts expect Mattress Firm Holding (NASDAQ: MFRM) to post its Q1 earnings at $0.36 per share on revenue of $336.83 million. Mattress Firm shares gained 2.16% to close at $45.83 yesterday.

HealthSouth (NYSE: HLS) lifted its ownership stake of Fairlawn Rehabilitation Hospital in Worcester, Massachusetts, from 50% to 80% and raised its FY14 guidance. HealthSouth shares declined 0.80% to close at $34.84 yesterday.

Posted-In: Stocks To WatchEarnings News Guidance M&A Pre-Market Outlook Markets Trading Ideas

 

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