Adobe, Semtech And 3 Stocks To Watch Heading Into Thursday

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

  • Wall Street expects Lennar Corporation LEN to report quarterly earnings at $3.51 per share on revenue of $8.45 billion after the closing bell. Lennar shares rose 0.2% to $116.25 in after-hours trading.
  • Semtech Corporation SMTC reported upbeat earnings for its second quarter, but issued weak forecast for the third quarter. Semtech shares fell 5.1% to $21.70 in the after-hours trading session.
  • Analysts are expecting Adobe Inc. ADBE to have earned $3.98 per share on revenue of $4.87 billion for the latest quarter. The company will release earnings after the markets close. Adobe shares gained 0.3% to $555.00 in after-hours trading.

Check out our premarket coverage here

  • IBEX Limited IBEX reported downbeat results for its fourth quarter and issued weak FY24 revenue outlook. IBEX shares dipped 11.1% to $16.14 in the after-hours trading session.
  • Analysts expect Copart, Inc. CPRT to report quarterly earnings at 32 cents per share on revenue of $962.91 million after the closing bell. Copart shares gained 0.1% to $44.33 in after-hours trading.

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