Coinbase, Lyft And 3 Stocks To Watch Heading Into Friday

Benzinga
05-09

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

  • Wall Street expects EchoStar Corporation (NASDAQ:SATS) to report quarterly losses at 88 cents per share on revenue of $3.87 billion before the opening bell, according to data from Benzinga Pro. EchoStar shares gained 2.9% to $24.54 in after-hours trading.
  • Lyft, Inc. (NASDAQ:LYFT) reported better-than-expected earnings for the first quarter and announced a $750 million share buyback plan. The company reported quarterly earnings of one cent per share, which beat the analyst consensus estimate of losses of one cent. Lyft shares jumped 7.4% to $13.96 in the after-hours trading session.
  • Analysts are expecting Plains All American Pipeline, L.P. (NASDAQ:PAA) to post quarterly earnings at 43 cents per share on revenue of $14.26 billion. The company will release earnings before the markets open. Plains All American Pipeline shares gained 1.8% to $17.25 in after-hours trading.

Check out our premarket coverage here

  • Sensata Technologies Holding plc (NYSE:ST) reported better-than-expected first-quarter financial results and issued strong guidance for the second quarter. Sensata Technologies shares gained 1.1% to $22.70 in the after-hours trading session.
  • Coinbase Global, Inc. (NASDAQ:COIN) reported worse-than-expected first-quarter financial results. Coinbase reported first-quarter total revenue of $2.03 billion, missing a Street consensus estimate of $2.12 billion. Coinbase Global shares declined 2.7% to $200.98 in after-hours trading.

Check This Out:

  • Top 3 Financial Stocks Which Could Rescue Your Portfolio This Month

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