Walmart, Alibaba And Other 3 Stocks To Watch Heading Into Thursday
Author: Avi Kapoor | August 15, 2024 01:30am
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Walmart Inc. (NYSE:WMT) to report quarterly earnings at $0.64 per share on revenue of $168.57 billion before the opening bell, according to data from Benzinga Pro. Walmart shares gained 0.5% to $69.02 in after-hours trading.
- Titan Machinery Inc. (NASDAQ:TITN) reported weak preliminary financial results for the second quarter. The company said it sees preliminary adjusted earnings of $0.17 per share on revenue of $634 million. Titan Machinery shares dipped 22.6% to $11.90 in the after-hours trading session.
- Analysts are expecting Alibaba Group Holding Limited (NYSE:BABA) to post quarterly earnings at $2.11 per share on revenue of $34.46 billion. The company will release earnings after the markets close. Alibaba shares rose 1.2% to $80.42 in after-hours trading.
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- Lumentum Holdings Inc. (NASDAQ:LITE) reported better-than-expected fourth-quarter financial results and issued strong first-quarter revenue guidance. Lumentum shares jumped 17.5% to $53.50 in the after-hours trading session.
- Analysts expect Deere & Company (NYSE:DE) to post quarterly earnings at $5.77 per share on revenue of $10.94 billion before the opening bell. Deere shares gained 0.8% to $354.00 in after-hours trading.
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Posted In: BABA DE LITE TITN WMT
