With US futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects CVS Health Corporation to post quarterly earnings at $1.92 per share on revenue of $76.21 billion before the opening bell.
- Analysts are expecting Yum! Brands, Inc.to have earned $1.26 per share on revenue of $1.92 billion for the latest quarter. The company will release earnings before the markets open.
- Chipotle Mexican Grill, Inc. reported downbeat results for its fourth quarter. Chipotle shares fell over 5% in premarket trading.
- Analysts expect The Walt Disney Company to post quarterly earnings at $0.78 per share on revenue of $23.37 billion after the closing bell.
- Fortinet, Inc. reported better-than-expected earnings for its fourth quarter. The company also issued revenue and earnings guidance with a midpoint above consensus estimates. Stocks surged over 12% in premarket trading.
- Bed Bath & Beyond had raised about $225 million in an equity offering and that it was expecting to receive $800 million more in future installments, in a move that could help it stave off bankruptcy. Stocks rose nearly 6% in premarket trading.