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Legence, Cisco Systems And 3 Stocks To Watch Heading Into Thursday

Avi Kapoor 6 hours ago

MarketsTrading IdeasPre-Market OutlookLong IdeasNewsEarnings

Mixed futures: Tetra Tech beat estimates and surged, Digi topped but fell; Legence, Cisco and Applied Materials earnings are due.

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 Legence Corp. (NASDAQ:LGN) to report quarterly earnings at 65 cents per share on revenue of $1.26 billion before the opening bell, according to data from Benzinga Pro. Legence shares gained 1.8% to $37.75 in after-hours trading.
  • Tetra Tech Inc. (NASDAQ:TTEK) reported better-than-expected fourth-quarter financial results. Tetra Tech reported quarterly earnings of 49 cents per share, which beat the analyst consensus estimate of 47 cents per share. The company reported quarterly sales of $1.34 billion, which beat the analyst consensus estimate of $1.151 billion. Tetra Tech shares jumped 8.5% to $40.80 in the after-hours trading session.
  • Analysts are expecting Cisco Systems Inc. (NASDAQ:CSCO) to post quarterly earnings at $1.32 per share on revenue of $18.12 billion for the latest quarter. The company will release quarterly earnings after the markets close. Cisco shares fell 0.6% to $100.13 in after-hours trading.

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  • Digi International Inc. (NASDAQ:DGII) posted upbeat earnings for the fourth quarter. Revenue for the quarter came in at $143.32 million, topping the analyst estimate of $140.30 million. Earnings per share came in 78 cents, which exceeded expectations of 75 cents. Digi International shares dipped 14.9% to $57.00 in the after-hours trading session.
  • Analysts expect Applied Materials Inc. (NASDAQ:AMAT) to post quarterly earnings at $4.05 per share on revenue of $10.30 billion after the closing bell. Applied Materials shares fell 2.1% to $386.68 in after-hours trading.

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