Stocks To Watch For December 22 (RHT, BBBY, NKE, WAG, HOV)

Some of the stocks that may grab investor focus today are: Red Hat Inc RHT reported its Q3 earnings at $0.13 per share, up from $0.08 per share, in the year-ago period. The company's adjusted earnings came in at $0.20 per share. RHT's revenue increased 21% y/y to $235.6 million. RHT shares fell 2.67% to $46.60 in after-hours trading. Wall Street expects Bed Bath & Beyond BBBY to report its Q3 EPS at $0.65. BBBY shares lost 0.06% to $47.52 in the after-hours trading session. Nike Inc NKE reported its FQ2 profit at $0.94 per share, up from $0.76 per share, in the year-ago period. The company's revenue increased to $4.84 billion, from $4.41 billion. However, NKE is expecting to face margin pressures in the remaining fiscal year.NKE shares dipped 5.73% to $87.01 in after-hours trading. Analysts are expecting Walgreen Company WAG to have earned $0.54 per share in the first quarter. WAG shares gained 0.46% to $37.00 in the after-hours trading session. Hovnanian Enterprises Inc HOV reported its FQ4 loss of $1.68 per share, compared with a loss of $3.21 per share, in the year-earlier period. The company's revenue came in at $353 million, down from $437.4 million, in the year-ago period. However, analysts expected a loss of $0.66 per share on revenue of $288.1 million.HOV shares moved down 2.29% to $4.26 in after-hours trading. Trading Ideas.