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Some of the stocks that may grab investor focus today are:
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Wall Street expects FedEx Corporation FDX to post quarterly earnings at $2.79 per share on revenue of $14.61 billion after the closing bell. FedEx shares rose 0.24 percent to $161.64 in after-hours trading.
- Ascena Retail Group Inc ASNA reported downbeat earnings for its fourth quarter and issued a weak forecast for the first quarter. Ascena Retail shares tumbled 23.03 percent to $6.25 in the after-hours trading session.
- Analysts expect Adobe Systems Incorporated ADBE to post quarterly earnings at $0.73 per share on revenue of $1.45 billion after the closing bell. Adobe shares rose 0.27 percent to $99.95 in after-hours trading.
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- Steel Dynamics, Inc. STLD issued disappointing earnings outlook for the third quarter. The company projects Q3 earnings of $0.63 to $0.67 per share, versus analysts’ estimates of $0.70 per share. Steel Dynamics shares dropped 2.43 percent to $23.71 in the after-hours trading session.
- After the markets close, Copart, Inc. CPRT is projected to post its quarterly earnings at $0.55 per share on revenue of $317.74 million. Copart shares gained 0.02 percent to $50.75 in after-hours trading.
- SeaWorld Entertainment Inc SEAS trimmed its quarterly dividend by more than 52 percent, to $0.10 per share, and announced that this would be the last payment before suspending it. SeaWorld shares declined 6.23 percent to $11.90 in the after-hours trading session.
- Analysts are expecting KB Home KBH to have earned $0.39 per share on revenue of $944.14 million in the latest quarter. KB Home will release earnings after the markets close. KB Home shares gained 0.85 percent to $15.43 in after-hours trading.
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