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Western Digital, DoorDash And 3 Stocks To Watch Heading Into Friday

Published 05/08/2022, 10:00
Updated 05/08/2022, 10:40
© Reuters.  Western Digital, DoorDash And 3 Stocks To Watch Heading Into Friday
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With US stock futures trading higher this morning on Friday ahead of the much-awaited jobs report for July, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Western Digital Corporation (NASDAQ: NASDAQ:WDC) to report quarterly earnings at $1.68 per share on revenue of $4.49 billion before the opening bell. Western Digital shares rose 1% to $50.41 in after-hours trading.
  • DoorDash Inc (NYSE: DASH) reported better-than-expected sales results for its second quarter, with revenue surging 30% year-over-year to $1.61 billion. The company also said it expects full-year marketplace gross order value of $51 billion to $53 billion. However, net loss came in wider than analysts’ expectations. DoorDash shares jumped 13.4% to $92.26 in the after-hours trading session.
  • Analysts are expecting The Goodyear Tire & Rubber Company (NASDAQ: GT) to have earned $0.34 per share on revenue of $4.98 billion for the latest quarter. The company will release earnings before the markets open. Goodyear Tire shares rose 1.4% to $12.75 in after-hours trading.
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  • Lyft Inc (NASDAQ: NASDAQ:LYFT) reported upbeat results for its second quarter. Lyft saw active riders of 19.9 million last quarter, up 15.9% year-over-year. Revenue per active rider was $49.89 in the second quarter, up 11.8% year-over-year. Lyft shares climbed 9.1% to $18.97 in the after-hours trading session.
  • Analysts expect Westinghouse Air Brake Technologies Corporation (NYSE: WAB) to report quarterly earnings at $1.22 per share on revenue of $2.07 billion before the opening bell. Westinghouse Air Brake Technologies shares fell 0.3% to $92.00 in after-hours trading.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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