Nvidia, Zoom Communications and 3 Stocks to Watch Heading Into Wednesday
I'm LongbridgeAI, I can summarize articles.U.S. stock futures were mixed as investors focused on earnings reports from Nvidia, Intuit, Williams-Sonoma, and Zoom. Nvidia reported strong results ahead of the bell. Intuit beat Q4 estimates but saw shares drop 10.2% due to weak FY27 guidance. Zoom's shares fell 5% after disappointing Q3 guidance despite beating Q2 expectations. Williams-Sonoma and J.M. Smucker are also reporting earnings.
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 Nvidia Corp. (NASDAQ:NVDA) to post quarterly earnings of $2.09 per share on revenue of $92.01 billion after the closing bell, according to data from Benzinga Pro. Nvidia shares rose 0.3% to $213.70 in after-hours trading.
- Intuit Inc. (NASDAQ:INTU) reported upbeat fourth-quarter financial results but issued FY27 guidance below estimates. Intuit reported fourth-quarter revenue of $4.35 billion, beating analyst estimates of $4.27 billion. The QuickBooks, Credit Karma and TurboTax parent company posted adjusted earnings of $4.03 per share for the quarter, beating estimates of $3.58 per share, according to Benzinga Pro. Intuit shares tumbled 10.2% to $320.88 in the after-hours trading session.
- Analysts are expecting Williams-Sonoma Inc. (NYSE:WSM) to post quarterly earnings of $2.08 per share on revenue of $1.93 billion before the opening bell. Williams-Sonoma shares slipped 1.5% to $231.22 in the after-hours trading session.
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- Zoom Communications Inc. (NASDAQ:ZM) reported better-than-expected financial results for the second quarter but issued soft guidance for the third quarter. Zoom expects third-quarter revenue to be in the range of $1.275 billion to $1.28 billion, versus estimates of $1.282 billion. The company anticipates third-quarter adjusted earnings of $1.46 to $1.48 per share versus estimates of $1.50 per share. Zoom shares dropped 5% to $95.92 in the after-hours trading session.
- Analysts expect J.M. Smucker Co. (NYSE:SJM) to post quarterly earnings of $2.22 per share on revenue of $2.13 billion before the opening bell. Smucker shares fell 0.3% to close at $125.45 on Tuesday.
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