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With US futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects PepsiCo, Inc. PEP to post quarterly earnings at $1.65 per share on revenue of $26.84 billion before the opening bell. PepsiCo shares gained 0.9% to $172.61 in after-hours trading.
- The Walt Disney Company DIS reported better-than-expected Q1 results. The company also announced it will restructure into three separate units and target $5.5 billion in cost cuts. Disney shares jumped 5.4% to $117.84 in the after-hours trading session.
- Analysts are expecting Kellogg Company K to have earned $0.84 per share on revenue of $3.66 billion for the latest quarter. The company will release earnings before the markets open. Kellogg shares gained 0.1% to $67.23 in after-hours trading.
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- Mattel, Inc. MAT reported weaker-than-expected Q4 results and issued weak FY23 guidance. Mattel shares dropped 9.8% to $18.49 in the after-hours trading session.
- Analysts expect PayPal Holdings, Inc. PYPL to post quarterly earnings at $1.20 per share on revenue of $7.39 billion after the closing bell. PayPal shares gained 0.4% to $80.00 in after-hours trading.
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