With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects AT&T Inc. (NYSE:T) to report quarterly earnings at 57 cents per share on revenue of $30.44 billion before the opening bell, according to data from Benzinga Pro. AT&T shares fell 0.7% to close at $21.50 on Tuesday.
- Texas Instruments Inc. (NASDAQ:TXN) reported better-than-expected results for its third quarter but issued weak guidance for the fourth quarter. The company said it sees fourth-quarter earnings between $1.07 and $1.29 per share, versus the $1.34 estimate, and quarterly revenue in a range of $3.7 billion to $4 billion, versus the $4.07 billion consensus estimate. Texas Instruments shares gained 3.8% to $201.39 in the after-hours trading session.
- Analysts are expecting The Boeing Company (NYSE:BA) to post a quarterly loss at $10.34 per share on revenue of $17.93 billion. The company will release earnings before the markets open. Boeing shares gained 0.1% to $160.04 in after-hours trading.
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- Starbucks Corp (NASDAQ:SBUX) reported weak preliminary results and suspended its guidance. The company said it expects fourth-quarter consolidated net revenues to decline 3% and global comparable sales to fall 7%. Starbucks also said it anticipates earnings of 80 cents per share, down 25% year-over-year. Starbucks shares fell 4.2% to $92.80 in the after-hours trading session.
- Analysts expect Tesla, Inc. (NASDAQ:TSLA) to report quarterly earnings at 58 cents per share on revenue of $25.37 billion after the closing bell. Tesla shares fell 0.2% to $217.49 in after-hours trading.
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