With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects McCormick & Company Inc. (NYSE:MKC) to report quarterly earnings at 60 cents per share on revenue of $1.79 billion for the quarter before the opening bell, according to data from Benzinga Pro. McCormick shares rose 2.3% to $54.94 in after-hours trading.
- Virgin Galactic Holdings Inc (NYSE:SPCE) reported mixed financial results for the fourth quarter after the market close on Monday. Virgin Galactic reported fourth-quarter revenue of $312,000, missing estimates of $495,000, according to Benzinga Pro. The aerospace and space travel company reported a fourth-quarter loss of 98 cents per share, beating estimates for a loss of $1.05 per share. Virgin Galactic said it's progressing on support testing of its second SpaceShip, which is expected to enter service late in the fourth quarter to early in the first quarter. Virgin Galactic shares climbed 8.8% to $2.36 in the after-hours trading session.
- Analysts are expecting TD Synnex Corp (NYSE:SNX) to post quarterly earnings at $3.31 per share on revenue of $15.59 billion. The company will release earnings before the markets open. TD Synnex shares fell 2% to $157.00 in after-hours trading.
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- Allbirds Inc. (NASDAQ:BIRD) announced that it has entered into a definitive agreement with American Exchange Group to sell substantially all of its intellectual property and certain assets. Allbirds shares jumped 30.9% to $3.90 in the after-hours trading session.
- Analysts expect Nike Inc (NYSE:NKE) to post quarterly earnings at 28 cents per share on revenue of $11.24 billion after the closing bell. Nike shares rose 0.5% to $51.50 in after-hours trading.
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