Key Stocks to Watch This Week
As U.S. stock futures move upward in early trading this week, a few stocks are anticipated to draw investor attention. Here’s a breakdown of what to look out for:
Foot Locker, Inc. Earnings Report
Foot Locker, Inc. (NYSE: FL) is set to reveal its latest quarterly earnings, with analysts estimating earnings of 72 cents per share and expected revenue of approximately $2.32 billion. In the pre-market trading session, Foot Locker shares saw a rise of 2.2%, reaching a valuation of $17.75, indicating positive investor sentiment.
Campbell's Company Performance
Meanwhile, The Campbell’s Company (NYSE: CPB) is also in the spotlight, expected to report quarterly earnings of 72 cents per share and projected revenue around $2.74 billion. The preliminary trading data suggests Campbell’s shares have experienced a slight increase of 0.6%, now standing at $40.55.
CrowdStrike Holdings Inc Results
CrowdStrike Holdings Inc (NASDAQ: CRWD) recently announced its fourth-quarter results, surpassing expectations but provided a rather conservative outlook. The forecast indicates a first-quarter revenue range between $1.1 billion and $1.106 billion, slightly lower than some analysts’ expectations. CrowdStrike anticipates adjusted earnings per share to be between 64 to 66 cents, compared to a previous estimate of 95 cents. The reaction in the market saw CrowdStrike shares drop by 8% to $358.85.
Abercrombie & Fitch Co. Insights
Before trading sessions commence, Abercrombie & Fitch Co. (NYSE: ANF) is projected to report quarterly earnings of $3.52 per share with expected revenue of $1.56 billion. The pre-market trading mirrors a 1.5% gain, pushing Abercrombie’s share price to $97.50.
Upcoming Earnings for Marvell Technology, Inc.
Lastly, Marvell Technology, Inc. (NASDAQ: MRVL) is expected to announce its quarterly earnings after markets close, with analysts forecasting earnings at approximately 59 cents per share and a revenue estimate of $1.80 billion. Marvell shares saw a pre-market increase, climbing by 2.7% and trading at $90.67.
Frequently Asked Questions
What stocks are highlighted this week?
This week, stocks such as Foot Locker, CrowdStrike, Abercrombie & Fitch, and Marvell Technology are in focus.
How did Foot Locker perform in pre-market trading?
Foot Locker shares increased by 2.2%, trading at $17.75 before the market opened.
What earnings is CrowdStrike predicting?
CrowdStrike anticipates first-quarter earnings between 64 to 66 cents per share.
What can we expect from Abercrombie & Fitch's earnings?
Abercrombie & Fitch is expected to report quarterly earnings of $3.52 per share.
How are analysts viewing Marvell Technology’s upcoming earnings?
Analysts expect Marvell Technology to report earnings of 59 cents per share with revenue of $1.80 billion.