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Alibaba, Dell And 3 Stocks To Watch Heading Into Friday

Benzinga
Aug 29

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

  • Wall Street expects Alibaba Group Holding Ltd. (NYSE:BABA) to report quarterly earnings at $1.95 per share on revenue of $34.26 billion before the opening bell, according to data from Benzinga Pro. Alibaba shares rose 0.5% to $120.20 in after-hours trading.
  • Autodesk Inc. (NASDAQ:ADSK) posted better-than-expected second-quarter financial results. Autodesk raised its full-year guidance from a range of $6.92 billion to $7 billion to a new range of $7.03 billion to $7.08 billion, versus estimates of $6.97 billion. The company also raised its adjusted earnings forecast from a range of $9.50 to $9.73 per share to a new range of $9.80 to $9.98 per share, versus estimates of $9.66 per share. Autodesk shares jumped 10.6% to $318.96 in the after-hours trading session.
  • Analysts are expecting BRP Inc. (NASDAQ:DOOO) to post quarterly earnings at 33 cents per share on revenue of $1.31 billion. The company will release earnings before the markets open. BRP shares gained 2.6% to $59.00 in the after-hours trading session.

Check out our premarket coverage here

  • Ulta Beauty Inc. (NASDAQ:ULTA) reported upbeat financial results for the second quarter and raised its fiscal year 2025 guidance. Ulta Beauty reported second-quarter revenue of $2.79 billion, beating the consensus estimate of $2.67 billion. The company reported second-quarter earnings of $5.78 per share, beating analyst estimates of $4.97 per share, according to Benzinga Pro. Ulta Beauty shares gained 3.8% to $551.00 in the after-hours trading session.
  • Dell Technologies Inc. (NYSE:DELL) reported stronger-than-expected earnings for the second quarter. Dell said it expects third-quarter revenue to be between $26.5 billion and $27.5 billion, versus estimates of $26.05 billion. The company anticipates third-quarter adjusted earnings of $2.45 per share versus estimates of $2.55 per share. Dell shares fell 5.3% to $127.00 in after-hours trading.

Check This Out:

  • Top 2 Tech & Telecom Stocks You May Want To Dump In August

Photo courtesy: Shutterstock

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