Alphabet, Microsoft And 3 Stocks To Watch Heading Into Wednesday
U.S. stock futures are mixed as investors focus on key earnings reports. Alphabet Inc. is expected to report earnings of $2.32 per share on $99.64 billion revenue, with shares rising 0.1% to $267.84. Visa Inc. exceeded expectations with earnings of $2.98 per share and revenue of $10.72 billion, gaining 0.5% to $348.75. Microsoft Corp. anticipates earnings of $2.97 per share, while Boeing Co. is projected to report a loss of $5.15 per share. Verizon Communications Inc. is expected to report earnings of $1.19 per share before the market opens.
With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) to report quarterly earnings at $2.32 per share on revenue of $99.64 billion after the closing bell, according to data from Benzinga Pro. Alphabet shares rose 0.1% to $267.84 in after-hours trading.
- Visa, Inc. (NYSE:V) posted better-than-expected fourth-quarter earnings after Tuesday’s closing bell. Visa reported quarterly earnings of $2.98 per share, which beat the analyst estimate of $2.97 per share. Quarterly revenue came in at $10.72 billion, which beat the analyst consensus estimate of $10.61 billion and was up from revenue of $9.61 billion from the same period last year. Visa shares gained 0.5% to $348.75 in after-hours trading.
- Analysts are expecting Microsoft Corp. (NASDAQ:MSFT) to post quarterly earnings of $2.97 per share on revenue of $10.61 billion for the latest quarter. The company will release earnings after the markets close. Microsoft shares rose 2% to close at $542.07 on Tuesday.
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- Before the markets open, Boeing Co. (NYSE:BA) is projected to post a quarterly loss at $5.15 per share on revenue of $21.97 billion. Boeing shares rose 0.1% to $223.62 in the after-hours trading session.
- Analysts expect Verizon Communications Inc. (NYSE:VZ) to report quarterly earnings at $1.19 per share on revenue of $34.28 billion before the opening bell. Verizon shares gained 0.2% to close at $39.32 on Tuesday.
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