FedEx, Nike And 3 Stocks To Watch Heading Into Friday

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 NIO Inc. NIO to report a quarterly loss at 42 cents per share on revenue of $2.85 billion before the opening bell, according to data from Benzinga Pro. Nio shares gained 0.9% to $4.75 in after-hours trading.
• Analysts are expecting Carnival Corp. CCL to post quarterly earnings at 2 cents per share on revenue of $5.75 billion. The company will release earnings before the markets open. Carnival shares rose 0.1% to $21.21 in after-hours trading.
• FedEx Corp. FDX posted weaker-than-expected earnings for its third quarter, while sales topped estimates. The company also said it now sees fiscal 2025 revenue flat to slightly down year-over-year, compared to the prior forecast of approximately flat. FedEx shares dipped 5.6% to $232.41 in the after-hours trading session.

Check out our premarket coverage here

Get Started

Earn 7.2% — No Matter What the Fed Does

Markets expect rate cuts — but your earnings don’t have to suffer. Lock in 7.2% until 2028 from ten individual bonds.

Get Started

• Nike Inc NKE reported better-than-expected third-quarter financial results. The athletic footwear and apparel company reported third-quarter revenue of $11.27 billion, beating analyst estimates of $11.01 billion. Nike shares fell 5.1% to $68.17 in the after-hours trading session.
• Analysts expect MINISO Group Holding Limited MNSO to post quarterly earnings at 38 cents per share on revenue of $698.66 million before the opening bell. MINISO Group shares rose 0.5% to $20.90 in after-hours trading.

Check This Out:

• Top 2 Defensive Stocks That May Keep You Up At Night In March

Photo courtesy: Shutterstock