With US stock futures trading higher this morning on Thursday ahead of the producer price index for July, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Cardinal Health, Inc. (NYSE: CAH) to report quarterly earnings at $1.17 per share on revenue of $44.71 billion before the opening bell. Cardinal Health shares fell 2.1% to $61.43 in after-hours trading.
- Walt Disney Co (NYSE: NYSE:DIS) reported better-than-expected results for its third quarter on Wednesday. Disney added 14.4 million subscribers for Disney+ in the third quarter for a total of 152.1 million. Disney shares jumped 6.9% to $120.13 in the after-hours trading session.
- Analysts are expecting Illumina, Inc. (NASDAQ: ILMN) to have earned $0.65 per share on revenue of $1.22 billion for the latest quarter. The company will release earnings after the markets close. Illumina shares gained 0.3% to $227.99 in after-hours trading.
- Sonos, Inc. (NASDAQ: SONO) reported weaker-than-expected sales results for its third quarter and issued downbeat FY22 sales guidance. The company also announced that its CFO Brittany Bagley is stepping down to pursue another professional opportunity. Eddie Lazarus, the company's chief legal officer, will succeed Bagley as interim CFO, effective Sept. 1. Sonos shares tumbled 17.7% to $18.74 in the after-hours trading session.
- Analysts expect Hanesbrands Inc. (NYSE: HBI) to report quarterly earnings at $0.33 per share on revenue of $1.69 billion before the opening bell. Hanesbrands shares gained 1.8% to $11.77 in after-hours trading.
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