Starbucks, Phillips 66 And 3 Stocks To Watch Heading Into Wednesday

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects Phillips 66 PSX to post quarterly earnings at $3.54 per share on revenue of $32.13 billion before the opening bell. Phillips 66 shares gained 0.3% to $112.49 in after-hours trading.
• Starbucks Corporation SBUX reported better-than-expected earnings for its third quarter, while sales missed estimates. Starbucks shares declined 1.3% to $99.95 in the after-hours trading session.
• Analysts are expecting McKesson Corporation MCK to have earned $5.88 per share on revenue of $70.25 billion for the latest quarter. The company will release earnings after the markets close. McKesson shares rose 0.1% to $405.10 in after-hours trading.

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• Pinterest, Inc. PINS posted upbeat earnings and sales results for its second quarter on Tuesday. Pinterest shares fell 2.8% to $28.15 in the after-hours trading session.
• Analysts expect QUALCOMM Incorporated QCOM to report quarterly earnings at $1.81 per share on revenue of $8.51 billion after the closing bell. QUALCOMM shares fell 0.2% to $131.80 in after-hours trading.

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