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FedEx, GameStop, CNFinance and United States Steel: What to Watch in the Stock Market Today

benzinga2022-03-18

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

FedEx Corporation FDX reported weaker-than-expected earnings for its third quarter, while sales exceeded estimates. The company said it expects an adjusted EPS of $20.50 to $21.50. FedEx shares dropped 3.8% to $219.29 in the after-hours trading session.

GameStop Corp GME reported a net loss for the fourth quarter on Thursday. Its net sales increased 6.2% to $1.88 billion, while its gross profit shrank 15.7% during the quarter. GameStop shares dipped 8% to $80.65 in after-hours trading.

Analysts expect CNFinance Holdings Limited CNF to post a quarterly loss at $0.01 per share on revenue of $71.32 million before the opening bell. CNFinance shares rose 6.2% to $3.79 in after-hours trading.

United States Steel Corp X issued weak earnings forecast for the first quarter. The company said it sees Q1 adjusted earnings to be in the range of $2.96 to $3 per share versus the estimate of $3.77 per share. United States Steel shares dropped 3.5% to $33.34 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.

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  • saral
    ·2022-03-19
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    ·2022-03-18
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    ·2022-03-18
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    ·2022-03-18
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    ·2022-03-18
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      Ok
      2022-03-18
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    ·2022-03-18
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    ·2022-03-18
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      2022-03-18
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      2022-03-18
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    ·2022-03-18
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      2022-03-19
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    ·2022-03-18
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    ·2022-03-18
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      Lo
      2022-03-18
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    ·2022-03-18
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      yyes
      2022-03-18
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    ·2022-03-18
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      2022-03-18
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    ·2022-03-18
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      2022-03-18
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    ·2022-03-18
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      2022-03-18
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    ·2022-03-18
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      yes
      2022-03-18
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    ·2022-03-18
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