US stock futures were trading mixed on Wednesday morning, with investors keeping an eye on several key stocks. NVIDIA Corporation is set to report quarterly earnings of $5.59 per share on revenue of $24.65 billion after the closing bell, with shares falling 0.1% in after-hours trading. Urban Outfitters, Inc. reported better-than-expected financial results for its first quarter, with quarterly earnings of 69 cents per share and sales reaching $1.2 billion. Williams-Sonoma, Inc. is expected to post quarterly earnings of $2.68 per share on revenue of $1.65 billion. Toll Brothers, Inc. also reported positive results for its second quarter and raised its forecast for FY24. Finally, analysts are expecting Target Corporation to report quarterly earnings of $2.02 per share on revenue of $24.51 billion.
Overall, the stock market is showing mix results in anticipation of these earnings reports and updates from major companies. It is important for investors to stay informed and keep an eye on key developments in the market.
In summary, US stock futures were trading mixed on Wednesday morning, with attention on companies such as NVIDIA Corporation, Urban Outfitters, Inc., Williams-Sonoma, Inc., Toll Brothers, Inc., and Target Corporation as they report quarterly earnings and provide updates on their financial performance. Investors are advised to stay informed and be prepared for potential market movements based on these updates.
Article Source
https://www.benzinga.com/news/earnings/24/05/38956361/target-nvidia-and-3-stocks-to-watch-heading-into-wednesday