Stocks To Watch For June 16 |
Some of the stocks that may grab investor focus today are:
Wall Street expects Kroger Company (The) (NYSE: KR) to report its Q1 EPS at $0.64 on revenue of $26.48 billion. KR shares surged 2.75% to $23.58 in after-hours trading.
Finisar Corp (NASDAQ: FNSR) issued downbeat projections for the first quarter. The company reported its Q4 earnings at $16.4 million, or $0.17 per share. Excluding one-time items, the company's earnings came in at $0.33 per share. Finisar's revenue surged to $236.9 million, from $188.5 million a year earlier. However, analysts were expecting earnings of $0.33 per share on revenue of $242.89 million. Taking into account the impact of its Ignis acquisition, Finisar projected Q1 adjusted earnings of $0.16 to $0.20 per share on revenue of $221 million to $236 million.
Analysts expected earnings of $0.36 per share on revenue of $250.6 million. FNSR shares dipped 16.19% to $14.86 in after-hours trading.
Analysts are expecting Smithfield Foods Inc (NYSE: SFD) to have earned $0.82 per share on revenue of $3.24 billion in the fourth quarter. SFD shares jumped 2.26% to $20.85 in the after-hours trading session.
Men's Wearhouse Inc (The) (NYSE: MW) named Douglas S. Ewert as the company's chief executive officer and president, succeeding George Zimmer as CEO. Zimmer will continue as chairman of the board of directors. MW shares dropped 3.01% to close at $31.30 yesterday.
Analysts expect Pier 1 Imports Inc (NYSE: PIR) to report its Q1 EPS at $0.12 on revenue of $334.96 million.
About the author: Benzinga
 |
