Cisco Systems, Applied Materials and 3 Stocks to Watch Heading Into Thursday
I'm LongbridgeAI, I can summarize articles.US stock futures rose slightly as investors anticipate earnings from Applied Materials, Cisco Systems, Applied Industrial Technologies, Harmonic, and Dillard's. Cisco reported better-than-expected Q4 results but saw after-hours shares drop 4.1%. Harmonic surged 20% on strong Q2 results. Analysts expect specific earnings figures for the other companies ahead of their releases.
With U.S. stock futures trading slightly higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Applied Materials Inc. (NASDAQ:AMAT) to post quarterly earnings of $3.39 per share on revenue of $9.00 billion after the closing bell, according to data from Benzinga Pro. Applied Materials shares gained 0.9% to $552.89 in after-hours trading.
- Cisco Systems Inc. (NASDAQ:CSCO) reported better-than-expected financial results for the fourth quarter of fiscal 2026 after the closing bell on Wednesday. Cisco guided for fiscal year 2027 revenue of $72.2 billion to $73.4 billion versus estimates of $68.69 billion. The company also guided for full-year adjusted earnings of $5.05 to $5.11 per share, versus estimates of $4.80 per share. Cisco shares fell 4.1% to $118.84 in the after-hours trading session.
- Analysts are expecting Applied Industrial Technologies Inc. (NYSE:AIT) to post quarterly earnings of $2.92 per share on revenue of $1.29 billion. The company will release earnings before the markets open. Applied Industrial Technologies shares gained 2% to $359.37 in after-hours trading.
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- Harmonic Inc. (NASDAQ:HLIT) posted better-than-expected second-quarter results. The company announced preliminary unaudited financials for the quarter ended Jul. 3. Harmonic shares jumped 20% to $14.40 in the after-hours trading session.
- Analysts expect Dillard’s Inc. (NYSE:DDS) to post quarterly earnings of $4.29 per share on revenue of $1.52 billion before the opening bell. Dillard’s shares fell 1.6% to close at $636.02 on Wednesday.
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