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Some of the stocks that may grab investor focus today are:
- Wall Street expects General Mills, Inc. GIS to report quarterly earnings at $0.84 per share on revenue of $4.45 billion before the opening bell. General Mills shares slipped 0.4% to close at $61.19 on Tuesday.
- Adobe Inc ADBE reported better-than-expected results for its first quarter and raised its FY21 guidance. The company also said its CFO will retire in 2021. Adobe shares rose 1.7% to close at $460.20 on Tuesday.
- Analysts are expecting KB Home KBH to have earned $0.92 per share on revenue of $1.21 billion for the latest quarter. The company will release earnings after the markets close. KB Home shares gained 0.7% to $43.66 in pre-market trading.
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- GameStop Corp. GME reported downbeat earnings for its fourth quarter on Tuesday. The company’s e-commerce business continued to be the big news with a year-over-year increase of 175% in the fourth quarter and 191% for the full fiscal year. GameStop shares dropped 10.3% to $163.00 in the pre-market trading session.
- Analysts expect Worthington Industries, Inc. WOR to report quarterly earnings at $1.25 per share on revenue of $872.50 million before the opening bell. Worthington shares dropped 5.2% to close at $64.17 on Tuesday.
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