5 Stocks To Watch - Wednesday, March 16
Some of the stocks that may grab investor focus today are:
Wall Street expects Jabil Inc. (JBL) to report quarterly earnings at $1.47 per share on revenue of $7.43 billion before the opening bell. Jabil shares rose 1.2% to $56.50 in after-hours trading.
Caleres (CAL) reported better-than-expected results for its fourth quarter and issued strong FY22 earnings guidance. The company also added 7 million shares to its buyback plan. Caleres shares gained 4.4% to $20.60 in the after-hours trading session.
Analysts are expecting Williams-Sonoma, Inc. (WSM) to have earned $4.82 per share on revenue of $2.58 billion for the latest quarter. The company will release earnings after the markets close. Williams-Sonoma shares slipped 0.1% to $148.49 in pre-market trading.
Kingsoft Cloud Holdings Limited (KC) said it is weighing a dual listing of shares on the Hong Kong Stock Exchange. Kingsoft Cloud shares jumped 5.3% to $3.38 in after-hours trading, following a 25% surge in regular trading hours.
Analysts expect Lennar Corporation (LEN) to post quarterly earnings at $2.60 per share on revenue of $6.08 billion after the closing bell. Lennar shares rose 0.1% to $86.33 in after-hours trading.
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