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U.S. Stocks To Watch: Pfizer, Starbucks, BP and More

benzinga2022-05-03

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

Wall Street expects Pfizer Inc. PFE to report quarterly earnings at $1.50 per share on revenue of $23.95 billion before the opening bell. Pfizer shares fell 0.4% to $48.14 in pre-market trading.

BP p.l.c. BP reported an underlying replacement cost profit of $6.2 billion for the first quarter, the strongest since 2008. The company also announced plans to increase its quarterly share buybacks to $2.5 billion before the end of the second quarter. BP shares climbed 5.3% to $30.39 in pre-market trading.

Analysts are expecting Starbucks Corporation SBUX to have earned $0.59 per share on revenue of $7.60 billion for the latest quarter. The company will release earnings after the markets close. Starbucks shares gained 0.1% to $75.40 in pre-market trading.

MGM Resorts International MGM reported better-than-expected financial results for its first quarter. The company also highlighted its tender offer for LeoVegas, which was announced Monday morning. MGM shares rose 1.5% to $42.60 in pre-market trading.

Analysts expect The Estée Lauder Companies Inc. EL to post quarterly earnings at $1.67 per share on revenue of $4.31 billion before the opening bell. Estée Lauder shares dropped 1.3% to close at $260.63 on Monday.

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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