5 Stocks To Watch For May 20, 2021

Benzinga2021-05-20

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Hormel Foods Corp (NYSE:HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.05 in after-hours trading.
  • L Brands Inc (NYSE:LB) reported better-than-expected earnings for its first quarter and issued strong earnings forecast for the current quarter. The company named Wendy Arlin as Bath & Body Works CFO and Tim Johnson as Victoria's Secret CFO. L Brands shares fell 2% to $65.95 in the after-hours trading session.
  • Analysts are expecting BJs Wholesale Club Holdings Inc (NYSE:BJ) to have earned $0.57 per share on revenue of $3.62 billion for the latest quarter. The company will release earnings before the markets open. BJs Wholesale shares rose 1.2% to $49.14 in after-hours trading.
  • Cisco Systems Inc (NASDAQ:CSCO) reported upbeat results for its third quarter, but issued weak profit forecast for the current quarter. Cisco shares dropped 5.6% to $49.52 in the after-hours trading session.
  • Analysts expect Applied Materials, Inc. (NASDAQ:AMAT) to post quarterly earnings at $1.51 per share on revenue of $5.41 billion after the closing bell. Applied Materials shares gained 2.5% to close at $124.80 on Wednesday.
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