Stocks To Watch On Thursday: Adobe, Broadcom, Signet Jewelers And More

With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects Signet Jewelers Limited SIG to report quarterly earnings at $0.85 per share on revenue of $1.51 billion before the opening bell, according to data from Benzinga Pro. Signet Jewelers shares rose 1.1% to $109.57 in after-hours trading.
• Broadcom Inc. AVGO posted stronger-than-expected results for its second quarter. The company declared a quarterly dividend of $5.25 per share and also announced a 10-for-1 forward stock split. Broadcom boosted its fiscal year 2024 revenue guidance to approximately $51 billion, up from approximately $50 billion. Broadcom shares jumped 14.6% to $1,714.19 in the after-hours trading session.
• Analysts predict that Adobe Inc. ADBE will report quarterly earnings of $4.39 per share, with revenue reaching $5.29 billion. The company will release earnings after the markets close. Adobe shares gained 0.5% to $462.00 in after-hours trading.

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• Dave & Buster’s Entertainment, Inc. PLAY posted downbeat results for its first quarter on Wednesday. The company reported quarterly earnings of $1.12 per share which missed the analyst consensus estimate of $1.70 per share. Dave & Buster’s shares fell 10.7% to $44.99 in the after-hours trading session.
• Analysts expect Korn Ferry KFY to post quarterly earnings at $1.12 per share on revenue of $689.92 million before the opening bell. Korn Ferry shares gained 4% to $65.94 in after-hours trading.

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