Market Overview

8 Stocks To Watch For October 17, 2018

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8 Stocks To Watch For October 17, 2018

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

  • Wall Street expects U.S. Bancorp (NYSE: USB) to report quarterly earnings at $1.04 per share on revenue of $5.69 billion before the opening bell. U.S. Bancorp shares rose 0.26 percent to $51.10 in pre-market trading.
  • Analysts expect Steel Dynamics, Inc. (NASDAQ: STLD) to post quarterly earnings at $1.66 per share on revenue of $3.14 billion after the closing bell. Steel Dynamics shares dropped 1.01 percent to close at $40.26 on Tuesday.
  • Netflix, Inc. (NASDAQ: NFLX) reported stronger-than-expected earnings for its third quarter. The company had total streaming net additions of 6.96 million. Netflix shares climbed 11.78 percent to $387.20 in the pre-market trading session.
  • After the closing bell, Kinder Morgan, Inc. (NYSE: KMI) is projected to post quarterly earnings at $0.21 per share on revenue of $3.53 billion. Kinder Morgan shares rose 0.56 percent to $18.02 in pre-market trading.

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  • IBM (NYSE: IBM) reported upbeat earnings for its third quarter, while sales missed estimates. The company reaffirmed FY18 guidance. IBM shares dropped 4.42 percent to $138.70 in pre-market trading.
  • Analysts are expecting Alcoa Corporation (NYSE: AA) to have earned $0.74 per share on revenue of $3.36 billion in the latest quarter. Alcoa will release earnings after the markets close. Alcoa shares rose 0.80 percent to $36.48 in pre-market trading.
  • Cree, Inc. (NASDAQ: CREE) reported upbeat results for its first quarter and issued strong second-quarter guidance. Cree shares gained 2.05 percent to $38.31 in pre-market trading.
  • Analysts expect Abbott Laboratories (NYSE: ABT) to report quarterly earnings at $0.75 per share on revenue of $7.65 billion before the opening bell. Abbott shares rose 1.48 percent to $72.00 in pre-market trading.

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

 

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