Broadcom, Genesco And 3 Stocks To Watch Heading Into Friday
Benzinga
07 Mar
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Algonquin Power & Utilities Corp. (NYSE:AQN) to report quarterly earnings at 8 cents per share on revenue of $607.00 million before the opening bell, according to data from Benzinga Pro. Algonquin Power & Utilities shares gained 1.3% to $4.85 in after-hours trading.
Analysts are expecting Genesco Inc. (NYSE:GCO) to post quarterly earnings at $3.31 per share on revenue of $784.85 million. The company will release earnings before the markets open. Genesco shares fell 0.2% to $32.35 in after-hours trading.
Broadcom Inc. (NASDAQ:AVGO) reported better-than-expected first-quarter financial results. The company said it expects second-quarter revenue of approximately $14.9 billion, versus estimates of $14.76 billion. The company anticipates first-quarter adjusted EBITDA of approximately 66% of projected revenue. Broadcom shares jumped 12.8% to $202.45 in the after-hours trading session.
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Smith & Wesson Brands Inc. (NASDAQ:SWBI) reported weaker-than-expected sales for its third quarter. The Maryville, Tennessee-based company reported quarterly revenue of $115.9 million, falling short of the estimated $119.5 million, reflecting a 2.99% decline. Smith & Wesson Brands shares dipped 8.1% to $10.13 in the after-hours trading session.
Analysts expect Advantage Solutions Inc. (NYSE:ADV) to post quarterly earnings at 12 cents per share on revenue of $863.41 million before the opening bell. Advantage Solutions shares gained 5.5% to $2.49 in after-hours trading.
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