SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday's session are Cisco Systems Inc., Wal-Mart Stores Inc., and J.C. Penney Co.
After Wednesday's closing bell, Cisco (CSCO) said adjusted profit came in at 51 cents a share, ahead of 48 cents a share forecast by analysts, and sales also topped forecasts. Shares surged 7% after hours after Cisco execs gave a revenue projection that was better than the Street expected.
Getty Images Wal-Mart stores reports earnings on Thursday. Shares of Jack in the Box Inc. (JACK) fell 1% in Wednesday's extended trading after the fast food chain said its second-quarter revenue dropped. However, its quarterly profit rose 19% from a year earlier.
3D printing stocks could be in play Thursday after ExOne Co. (XONE) late Wednesday reported a wider-than-forecast first-quarter loss. Shares fell 12% after hours. 3D Systems Corp. (DDD) was down 0.6% on light volume.
Top Services Companies To Invest In Right Now
On Thursday, Wal-Mart Stores (WMT) is projected to report first-quarter earnings of $1.15 a share, according to a consensus survey by FactSet. A combination of a weak job market, food stamp spending cuts and weather all likely had an impact on quarterly results, according to Bob Summers at Susquehanna International .
Earnings Wall Discuss key earnings announcements before and after results come in. Learn more
No comments:
Post a Comment