Walmart, Conagra Brands And 3 Stocks To Watch Heading Into Wednesday

Author: Lisa Levin | April 05, 2023 04:07am

With US futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Conagra Brands, Inc. (NYSE:CAG) to post quarterly earnings at $0.64 per share on revenue of $3.08 billion before the opening bell. Conagra shares rose 1% to $37.94 in after-hours trading.
SMART Global Holdings Inc (NASDAQ:SGH) reported upbeat earnings for its fiscal second quarter, while sales missed estimates. The company also issued weak guidance. SMART Global Holdings shares dipped 5% to $15.71 in the after-hours trading session.
Analysts are expecting Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) to have earned $0.21 per share on revenue of $698.47 million for the latest quarter. The company will release earnings before the markets open. Schnitzer Steel shares rose 2.1% to $30.98 in after-hours trading.

Walmart Inc. (NYSE:WMT) reiterated its Q1 adjusted earnings forecast of $1.25 to $1.30 per share, versus analysts’ estimates of $1.30 per share. The company said by the end of FY26, it believes roughly 65% of stores will be serviced by automation. Walmart shares fell 0.5% to $146.48 in the after-hours trading session.
Analysts expect The Simply Good Foods Company (NASDAQ:SMPL) to post quarterly earnings at $0.29 per share on revenue of $293.55 million before the opening bell. Simply Good Foods shares gained 3.4% to $40.00 in after-hours trading.

Posted In: CAG SCHN SGH SMPL WMT