Some of the stocks that may grab investor focus today are:
- Wall Street expects PepsiCo, Inc. PEP to report quarterly earnings at $0.92 per share on revenue of $12.70 billion before the opening bell. PepsiCo shares rose 0.5 percent to $123.00 in pre-market trading.
- Analysts expect Alcoa Corporation AA to post quarterly loss at $0.03 per share on revenue of $2.86 billion after the closing bell. Alcoa shares rose 0.1 percent to $27.75 in pre-market trading.
- CSX Corporation CSX reported better-than-expected earnings for its first quarter. CSX shares gained 4.6 percent to $79.40 in the pre-market trading session.
- Before the markets open, U.S. Bancorp USB is projected to report quarterly earnings at $1.00 per share on revenue of $5.59 billion. U.S. Bancorp shares gained 0.78 percent to close at $50.28 on Tuesday.
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- Analysts are expecting Morgan Stanley MS to have earned $1.3 per share on revenue of $10.52 billion in the latest quarter. Morgan Stanley will release earnings before the markets open. Morgan Stanley shares rose 0.8 percent to $47.40 in pre-market trading.
- IBM Common Stock IBM reported upbeat earnings for its first quarter, while sales missed estimates. IBM shares fell 2.5 percent to $141.50 in the pre-market trading session.
- Analysts expect Abbott Laboratories ABT to report quarterly earnings at $0.61 per share on revenue of $7.47 billion before the opening bell. Abbott shares gained 0.6 percent to $76.85 in pre-market trading.
- Netflix, Inc. NFLX reported better-than-expected earnings for its first quarter, but issued lower-than-expected guidance. Netflix shares dropped 1.1 percent to $355.55 in pre-market trading.
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