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 Adobe Inc. ADBE to report quarterly earnings at $4.97 per share on revenue of $5.66 billion after the closing bell, according to data from Benzinga Pro. Adobe shares gained 1% to $437.90 in after-hours trading.
- Analysts are expecting ABM Industries Incorporated ABM to post quarterly earnings at 78 cents per share on revenue of $2.09 billion. The company will release earnings before the markets open. ABM shares rose 0.1% to $49.85 in after-hours trading
- Stitch Fix Inc SFIX posted better-than-expected fiscal second-quarter financial results. Stitch Fix expects fiscal third-quarter revenue to be in the range of $311 million to $316 million versus estimates of $278.68 million. Stitch Fix shares climbed 20.3% to $5.09 in after-hours trading.
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- Groupon Inc GRPN reported fourth-quarter revenue of $130.38 million, beating estimates of $127.74 million, according to Benzinga Pro. Groupon expects first-quarter revenue of $114 million to $117 million. The company expects first-quarter billings to be down 2.5% to 5% year-over-year. Groupon shares jumped 22.8% to $12.00 in the after-hours trading session.
- Analysts expect American Eagle Outfitters, Inc. AEO to post quarterly earnings at 50 cents per share on revenue of $1.60 billion after the closing bell. American Eagle shares fell 0.5% to $11.43 in after-hours trading.
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