Keysight tops estimates, issues strong fourth-quarter guidance
Keysight Technologies reported adjusted third-quarter earnings of $3.07 per share and revenue of $1.85 billion, both above analyst estimates, and issued strong fourth-quarter guidance.
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 Lowe’s Companies Inc. (NYSE: LOW ) to post quarterly earnings of $4.23 per share on revenue of $26.16 billion before the opening bell, according to data Pro.
Lowe’s shares rose 0.4% to $216.39 in after-hours trading.
Mercury Systems Inc. (NASDAQ: MRCY ) reported mixed fourth-quarter financial results.
The company reported quarterly earnings of 37 cents per share, which missed the analyst consensus estimate of 38 cents per share.
The company reported quarterly sales of $289.782 million, which beat the analyst consensus estimate of $266.403 million.
Mercury Systems shares dipped 12.3% to $92.09 in the after-hours trading session.
Analysts are expecting Target Corp. (NYSE: TGT ) to post quarterly earnings of $2.32 per share on revenue of $26.13 billion.
The company will release earnings before the markets open.
Target shares rose 0.1% to $152.55 in after-hours trading.
Check out our premarket coverage here Keysight Technologies Inc. (NYSE: KEYS ) reported better-than-expected third-quarter financial results and issued strong fourth-quarter guidance.
The company reported adjusted earnings of $3.07 per share, which beat the $2.48 analyst consensus estimate, according to Pro data.
Quarterly revenue came in at $1.85 billion, which beat the Street estimate of $1.74 billion.
Keysight shares gained 2.7% to $350.20 in the after-hours trading session.
Analysts expect TJX Companies Inc. (NYSE: TJX ) to post quarterly earnings of $1.19 per share on revenue of $15.18 billion before the opening bell.
TJX shares gained 0.6% to $151.73 in after-hours trading.
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