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Fastenal, M&T Bank And 3 Stocks To Watch Heading Into Thursday

Published 18/01/2024, 09:13
© Reuters. Fastenal, M&T Bank And 3 Stocks To Watch Heading Into Thursday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Fastenal Company (NASDAQ: FAST) to report quarterly earnings at 45 cents per share on revenue of $1.75 billion before the opening bell. Fastenal shares gained 0.4% to $63.65 in after-hours trading.

Alcoa Corporation (NYSE: AA) posted a narrower-than-expected loss for its fourth quarter, while sales missed estimates. The company also issued an outlook for 2024, with Alumina production estimated to be between 9.8 million and 10 million metric tons. Alumina shipments are anticipated to be between 12.7 million and 12.9 million metric tons. Alcoa shares fell 2.7% to $26.45 in the after-hours trading session.

Analysts are expecting PPG Industries, Inc. (NYSE: PPG) to earn $1.50 per share on revenue of $4.27 billion for the latest quarter. The company will release earnings after the markets close. PPG Industries shares rose 0.1% to $143.25 in after-hours trading.

Check out our premarket coverage here

Discover Financial Services (NYSE: DFS) reported a 62% plunge in its profit for the fourth quarter on Wednesday. Discover Financial shares tumbled 9.7% to $98.23 in the after-hours trading session.

Analysts expect M&T Bank Corporation (NYSE: MTB) to post quarterly earnings at $3.49 per share on revenue of $2.28 billion before the opening bell. M&T Bank shares fell 0.2% to $130.70 in after-hours trading.

Check This Out: Top 3 Defensive Stocks That May Fall Off A Cliff This Quarter

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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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