- Wall Street expects General Mills, Inc. to report quarterly earnings at $0.89 per share on revenue of $4.29 billion before the opening bell. General Mills shares fell 0.6% to $57.65 in after-hours trading.
- FedEx Corporation reported weaker-than-expected earnings for its first quarter, while sales exceeded estimates. The company also lowered its guidance for FY21. FedEx shares dropped 4.9% to $239.76 in the after-hours trading session.
- Analysts are expecting KB Home to have earned $1.62 per share on revenue of $1.57 billion for the latest quarter. The company will release earnings after the markets close. KB Home shares slipped 0.1% to $40.59 in after-hours trading.
- Adobe Inc reported upbeat earnings for its third quarter and issued strong forecast for the current quarter. Adobe shares dropped 4.1% to $619.75 in the after-hours trading session.
- Stitch Fix Inc. reported a surprise profit for its fourth quarter, while sales also surpassed market expectations. The company said it sees Q1 net sales of $560 million to $575mn and adjusted EBITDA of $15 million to $20 million. Stitch Fix shares jumped 16.6% to $41.35 in the after-hours trading session.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments