Stocks To Watch For May 20

Some of the stocks that may grab investor focus today are: Analysts expect AnnTaylor Stores Corp ANN to report its Q1 earnings at $0.48 per share on revenue of $512.11 million. ANN shares gained 0.17% to $30.25 in the after-hours trading session. Gap Inc GPS reported a 23% decline in its first-quarter profit. The company's net income fell to $233 million, or $0.40 per share, from $302 million, or $0.45 per share, in the year-ago period. Its sales declined 1% to $3.3 billion. However, analysts were expecting a profit of $0.39 per share on sales of $3.3 billion. Gap lowered its full-year profit projections to a range of $1.40 to $1.50 per share, from its earlier forecast of $1.88 to $1.93 per share. However, analysts expected full-year earnings of $1.84 per share. GPS shares tumbled 14.98% to $19.80 in after-hours trading. Wall Street expects Hibbett Sports Inc HIBB to report its Q1 EPS at $0.67 on revenue of $201.04 million. HIBB shares dropped 0.48% to $37.32 in the after-hours trading session. Safeway Inc SWY reported that its Board of Directors lifted the company's regular quarterly dividend by 21% from $0.12 per share to $0.145 per share. SWY shares surged 3.03% to $26.19 in after-hours trading. Salesforce.com Inc CRM reported its FQ1 net income at $530,000, or break-even on a per-share basis, versus $17.7 million, or $0.13 per share, in the year-ago period. Its revenue surged 34% to $504.4 million. On an adjusted basis, Salesforce.com earnings dropped 7% to $0.28 per share. However, analysts were expecting earnings of $0.27 per share on revenue of $482.6 million. The company also issued an upbeat forecast for its current quarter and full year. CRM shares jumped 7.41% to $145.87 in after-hours trading. Trading Ideas.