Gap, Broadcom, Costco, Hibbett and inTEST Corporation : What to Watch in the Stock Market Today
Benzinga2022-03-04
- Wall Street expects Hibbett, Inc. (NASDAQ: HIBB) to report quarterly earnings at $1.35 per share on revenue of $383.72 million before the opening bell. Hibbett shares rose 0.8% to $48.12 in after-hours trading.
- Costco Wholesale Corporation (NASDAQ: COST) reported better-than-expected results for its second quarter. Costco shares dropped 2.9% to $517.77 in the after-hours trading session.
- Analysts are expecting inTEST Corporation (NYSE: INTT) to have earned $0.11 per share on revenue of $22.01 million for the latest quarter. The company will release earnings before the markets open. inTEST shares rose 0.7% to $11.50 in after-hours trading.
- Broadcom Inc. (NASDAQ: AVGO) reported upbeat results for its first quarter and issued strong Q2 sales guidance. Broadcom shares gained 2.8% to $595.00 in the after-hours trading session.
- The Gap, Inc. (NYSE: GPS) posted a narrower-than-expected loss for its fourth quarter, while sales exceeded estimates. For fiscal 2022, Gap is guiding for adjusted earnings per share in a range of $1.85 to $2.05, versus an estimate of $1.86. Gap shares jumped 7.6% to $15.33 in the after-hours trading session.
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