Qualcomm, US Foods And 3 Stocks To Watch Heading Into Thursday
Avi Kapoor 6 hours ago
MarketsTrading IdeasPre-Market OutlookLong IdeasNewsEarnings
Stocks in focus: Cardinal Health and US Foods report earnings; Qualcomm and Snap shares fall after results; Airbnb reports after the close.
With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Cardinal Health Inc. (NYSE:CAH) to report quarterly earnings at $2.94 per share on revenue of $66.59 billion before the opening bell. Cardinal Health shares rose 0.1% to $261.99 in after-hours trading.
- Qualcomm Inc. (NASDAQ:QCOM) reported better-than-expected fourth-quarter financial results. Qualcomm said it sees first-quarter revenue of $10.40 billion to $11.20 billion, versus market estimates of $10.48 billion. Qualcomm estimates first-quarter earnings to come in a range of $2.15 to $2.35 per share. The Street estimate is $2.27. Qualcomm shares dipped 7.5% to $160.25 in the after-hours trading session.
- Analysts are expecting US Foods Holding Corp. (NYSE:USFD) to post earnings at $1.24 per share on revenue of $10.59 billion for the latest quarter. The company will release earnings before the markets open. US Foods shares gained 8.4% to close at $109.93 on Wednesday.
Check out our premarket coverage here
- Snap Inc. (NYSE:SNAP) reported mixed third-quarter financial results. Snap reported quarterly earnings of three cents per share, which beat the consensus estimate of zero cents, per Benzinga Pro data. Quarterly revenue of $1.72 billion missed the Street’s consensus estimate of $1.73 billion. Snap shares dipped 11.5% to $5.24 in the after-hours trading session.
- Analysts expect Airbnb Inc. (NASDAQ:ABNB) to post quarterly earnings at $2.85 per share on revenue of $4.75 billion after the closing bell. Airbnb shares fell 0.5% to $175.49 in after-hours trading.
Photo via Shutterstock