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FedEx, General Mills And 3 Stocks To Watch Heading Into Wednesday

Published 20/12/2023, 10:00
© Reuters.  FedEx, General Mills And 3 Stocks To Watch Heading Into Wednesday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

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 General Mills, Inc. (NYSE: GIS) to report quarterly earnings at $1.16 per share on revenue of $5.35 billion before the opening bell. General Mills shares rose 0.6% to $67.10 in after-hours trading.

FedEx Corporation (NYSE: FDX) posted weaker-than-expected earnings for its second quarter and lowered its full-year revenue outlook. FedEx shares dipped 9.8% to $252.63 in the after-hours trading session.

Analysts expect The Toro Company (NYSE: TTC) to earn 56 cents per share on revenue of $973.65 million for the latest quarter. The company will release earnings before the markets open. In after-hours trading, Toro Company shares gained 0.8% to $89.95.

Check out our premarket coverage here

Steelcase Inc. (NYSE: SCS) posted upbeat earnings for its third quarter, while sales missed estimates. The company said it sees fourth-quarter adjusted earnings of 19 cents to 23 cents per share on revenue of $765 million to $790 million. Steelcase shares fell 7.9% to $11.70 in the after-hours trading session.

Analysts expect Micron Technology, Inc. (NASDAQ: MU) to post a quarterly loss at 97 cents per share on revenue of $4.64 billion after the closing bell. Micron shares rose 0.3% to $82.42 in after-hours trading.

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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