Macy’s, Intuit And 3 Stocks To Watch Heading Into Tuesday
With US stock futures trading slightly lower this morning on Tuesday, some of the stocks that may grab investor focus…
With US stock futures trading slightly lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Macy’s, Inc. (NYSE: NYSE:M) to report quarterly earnings at $0.85 per share on revenue of $5.49 billion before the opening bell. Macy’s shares fell 0.9% to $18.45 in pre-market trading.
Zoom Video Communications Inc (NASDAQ: ZM) reported better-than-expected earnings for its second quarter, but sales missed expectations. The company ended the quarter with 204,100 Enterprise customers, up 18% year-over-year. Zoom Video shares dropped 8.3% to $89.35 in the after-hours trading session.
Analysts are expecting Medtronic plc (NYSE: NYSE:MDT) to have earned $1.12 per share on revenue of $7.22 billion for the latest quarter. The company will release earnings before the markets open. Medtronic shares gained 1% to $94.03 in after-hours trading.
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Palo Alto Networks (NYSE: NASDAQ:PANW) reported better-than-expected results for its fourth quarter and issued FY23 guidance above estimates. The company’s board also announced a three-for-one stock split. Palo Alto shares surged 8.2% to $549.50 in the after-hours trading session.
Analysts expect Intuit Inc. (NASDAQ: NASDAQ:INTU) to post quarterly earnings at $0.98 per share on revenue of $2.34 billion before the opening bell. Intuit shares rose 1% to $450.60 in after-hours trading.
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