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Stitch Fix, Target And 3 Stocks To Watch Heading Into Tuesday

Published 05/03/2024, 07:20
Updated 05/03/2024, 08:40
© Reuters.  Stitch Fix, Target And 3 Stocks To Watch Heading Into Tuesday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

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

Wall Street expects Target Corporation (NYSE: TGT) to report quarterly earnings at $2.41 per share on revenue of $31.83 billion before the opening bell, according to data from Benzinga Pro. Target shares rose 1.3% to $152.50 in after-hours trading.

AeroVironment, Inc. (NASDAQ: AVAV) reported better-than-expected results for its fourth quarter. The company said it sees FY24 adjusted earnings of $2.69 to $2.83 per share on revenue of $700 million to $710 million. AeroVironment shares jumped 19.4% to $156.00 in the after-hours trading session.

Analysts are expecting Ross Stores, Inc. (NASDAQ: ROST) to have earned $1.65 per share on revenue of $5.81 billion for the latest quarter. The company will release earnings after the markets close. Ross Stores shares gained 0.5% to $150.69 in after-hours trading.

Check out our premarket coverage here

Stitch Fix, Inc. (NASDAQ: SFIX) reported worse-than-expected second-quarter financial results and issued a weak revenue forecast for FY24. Stitch Fix shares dipped 14.7% to $2.7992 in the after-hours trading session.

Analysts expect Nordstrom, Inc. (NYSE: JWN) to report quarterly earnings at 86 cents per share on revenue of $4.38 billion after the closing bell. Nordstrom shares gained 0.8% to $20.75 in after-hours trading.

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