Walt Disney, Uber Technologies And 3 Stocks To Watch Heading Into Wednesday
Benzinga
07 May
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects The Walt Disney Co. (NYSE:DIS) to report quarterly earnings at $1.20 per share on revenue of $23.14 billion before the opening bell, according to data from Benzinga Pro. Disney shares rose 0.8% to $92.92 in after-hours trading.
Analysts are expecting Uber Technologies Inc. (NYSE:UBER) to post quarterly earnings at 50 cents per share on revenue of $11.62 billion. The company will release earnings before the markets open. Uber shares gained 0.8% to $86.47 in after-hours trading.
Advanced Micro Devices Inc. (NASDAQ:AMD) reported stronger-than-expected first-quarter financial results Tuesday after the bell. AMD said it expects second-quarter revenue of approximately $7.4 billion, plus or minus $300 million. Analysts are currently forecasting second-quarter revenue of $7.24 billion. AMD shares gained 1.8% to $100.40 in the after-hours trading session.
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Arista Networks Inc. (NYSE:ANET) posted mixed first-quarter results after Tuesday’s closing bell. Arista Networks reported quarterly earnings of 65 cents per share, which beat the analyst consensus estimate of 60 cents. Quarterly revenue came in at $2 billion, which missed the consensus estimate of $2.02 billion. The company also said it sees second-quarter revenue of $2.1 billion, versus the $2.11 billion estimate. Arista Networks shares dipped 3.8% to $87.30 in the after-hours trading session.
Analysts expect Owens Corning (NYSE:OC) to post quarterly earnings at $2.87 per share on revenue of $2.51 billion before the opening bell. Owens Corning shares gained 3.7% to $147.88 in after-hours trading.
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