Nvidia, Hormel Foods And 3 Stocks To Watch Heading Into Thursday
Avi Kapoor 8 months ago
EarningsEquitiesPre-Market OutlookMarketsTrading Ideas
US stock futures down; HRL, NVDA, SJM, TTD, DELL in focus. Nvidia beats expectations, Trade Desk disappointed, Dell earnings awaited.
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Hormel Foods Corp. (NYSE:HRL) to report quarterly earnings at 32 cents per share on revenue of $3.07 billion before the opening bell, according to data from Benzinga Pro. Hormel Foods shares rose 0.1% to $25.32 in after-hours trading.
- Nvidia Corp. (NASDAQ:NVDA) reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates. Nvidia reported fourth-quarter revenue of $68.13 billion, up 73% from last year’s fourth quarter. The record revenue total beat a Street consensus estimate of $66.0 billion, according to data from Benzinga Pro. The company reported quarterly earnings per share of $1.62, beating a Street consensus estimate of $1.53. Nvidia shares rose 0.2% to $195.92 in the after-hours trading session.
- Analysts are expecting J M Smucker Co (NYSE:SJM) to post quarterly earnings at $2.27 per share on revenue of $2.32 billion. The company will release earnings before the markets open. Smucker shares gained 0.4% to $107.00 in after-hours trading.
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- Trade Desk Inc. (NASDAQ:TTD) posted better-than-expected fourth-quarter earnings but issued disappointing first-quarter guidance. The company said it expects first-quarter revenue expected to be more than $678 million, compared to the $689.48 million analyst estimate. Trade Desk shares dipped 15.5% to $21.25 in the after-hours trading session.
- Analysts expect Dell Technologies Inc (NYSE:DELL) to post quarterly earnings at $3.53 per share on revenue of $31.75 billion after the closing bell. Dell shares rose 0.4% to $124.00 in after-hours trading.
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