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Some of the stocks that may grab investor focus today are:
- Wall Street expects Wal-Mart Stores Inc WMT to report quarterly earnings at $1.07 per share on revenue of $122.77 billion before the opening bell. Wal-Mart shares rose 0.33 percent to $81.25 in after-hours trading.
- NetApp Inc. NTAP reported better-than-expected earnings for its first quarter on Wednesday. NetApp shares slipped 1.44 percent to $41.80 in the after-hours trading session.
- Analysts expect Gap Inc GPS to post quarterly earnings at $0.52 per share on revenue of $3.77 billion after the closing bell. Gap shares declined 0.13 percent to $22.54 in after-hours trading.
- Cisco Systems, Inc. CSCO reported in-line earnings for its fourth quarter. However, the company projects Q1 sales to drop 1percent to 3 percent year-over-year. Cisco shares fell 2.50 percent to $31.53 in the after-hours trading session.
- After the markets close, Applied Materials, Inc. AMAT is projected to post quarterly earnings at $0.84 per share on revenue of $3.69 billion. Applied Materials shares rose 0.20 percent to $44.55 in after-hours trading.
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- L Brands Inc LB reported upbeat earnings for its second quarter, but lowered its profit outlook for the full year. L Brands shares dropped 5.46 percent to $37.39 in the after-hours trading session.
- Analysts are expecting Alibaba Group Holding Ltd BABA to have earned $0.92 per share on revenue of $7.04 billion in the latest quarter. Alibaba will release earnings before the markets open. Alibaba shares gained 0.38 percent to $160.10 in after-hours trading.
- Synopsys, Inc. SNPS posted in-line earnings for its third quarter, while sales exceeded estimates. The company also issued a strong forecast for the full year. Synopsys shares slipped 1.38 percent to $78.00 in the after-hours trading session.
- After the closing bell, Ross Stores, Inc. ROST is estimated to post quarterly earnings at $0.77 per share on revenue of $3.37 billion. Ross Stores shares slipped 0.40 percent to $54.15 in after-hours trading.
- Stein Mart, Inc. SMRT posted a wider-than-expected loss for its second quarter on Wednesday. Stein Mart shares tumbled 12.80 percent to $1.09 in the after-hours trading session.
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