7 Stocks To Watch For August 6, 2020

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

• Wall Street expects Bristol-Myers Squibb Co BMY to report quarterly earnings at $1.48 per share on revenue of $9.97 billion before the opening bell. Bristol-Myers Squibb shares gained 4% to $62.10 in after-hours trading on an unconfirmed court document showing Sigmapharm NDA products infringe upon asserted claims of Bristol/Pfizer '208 patent.
• Analysts are expecting Cardinal Health Inc CAH to have earned $0.92 per share on revenue of $36.67 billion for the latest quarter. Cardinal Health will release earnings before the opening bell. Cardinal Health shares gained 2.4% to $59.00 in after-hours trading.
• Roku Inc ROKU posted stronger-than-expected results for its second quarter. The company added 3.2 million incremental active accounts in Q2. Roku shares fell 5% to $157.20 in the after-hours trading session.
• Before the markets open, ViacomCBS Inc. VIAC is projected to report quarterly earnings at $0.93 per share on revenue of $6.17 billion. ViacomCBS shares gained 0.5% to $26.14 in after-hours trading.

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• Western Digital Corp WDC reported upbeat earnings for its fiscal fourth quarter, while sales exceeded estimates. The company also issued downbeat EPS and sales guidance for the current quarter. Western Digital shares dropped 11.7% to $39.25 in the after-hours trading session.
• Analysts expect Uber Technologies Inc UBER to post a quarterly loss at $0.86 per share on revenue of $2.18 billion after the closing bell. Uber shares rose 1.2% to $33.59 in after-hours trading.
• Metlife Inc MET reported weaker-than-expected profit for its second quarter on Wednesday. Metlife shares declined 4.7% to $36.50 in the after-hours trading session.