Benzinga Pro's Top 5 Stocks To Watch For Monday, May 8, 2023: DIS, PACW, AMC, RBLX, WEN

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  • Disney (DIS) - Will report quarterly results after market close on Wednesday. Analysts expect earnings of $0.93 per share on sales of about $22 billion.

  • PacWest Bancorp (PACW) - Shares were one of Monday morning's biggest gainers, up 30% in the pre-market session. The stocks of several regional banks rebounded from recent lows Monday. Late on Friday, PacWest announced it would cut its quarterly dividend to $0.01 per share. It's not clear if the price action Monday morning is related to the stock rebounding after extreme downside or if investors reacted favorably to the dividend news.

  • AMC Entertainment (AMC) - Analysts at Macquarie responded in a research note Monday morning following AMC's quarterly results on Friday. The analysts were favorable on the long-term story for the movie industry moving forward but remained cautious on AMC shares. To hear more from the analyst call, tune into Benzinga's Stocks To Watch podcast on Benzinga's Twitter around market open.

  • Roblox (RBLX) - Will report quarterly results on Wednesday before market open.

  • Wendy's (WEN) - The company will publish quarterly results on Wednesday before market open. Analysts expect earnings of $0.20 per share on sales of about $520 million.

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