Stocks To Watch For May 5 (GM, JDSU, KFT, ERTS, V)

Some of the stocks that may grab investor focus today are: Wall Street expects General Motors Company GM to report its Q1 EPS at $0.93 on revenue of $35.59 billion. GM shares gained 0.97% to $33.36 in after-hours trading. JDS Uniphase Corp JDSU swung to a profit in the fiscal third quarter. The company reported its quarterly earnings at $38.6 million, or $0.16 per share, versus a loss of $11.9 million, or $0.05 per share, in the year-ago period. Excluding one-time items, the company's earnings came in at $0.22 per share. The company's revenue jumped 86% to $454 million. However, analysts were expecting earnings of $0.20 per share on revenue of $448 million. The company projects its Q4 net revenue in the range of $455 million to $475 million. JDSU shares jumped 9.25% to $21.85 in the after-hours trading session. Analysts are expecting Kraft Foods Inc KFT to have earned $0.47 per share on revenue of $12.33 billion in the first quarter. KFT shares fell 0.06% to $33.83 in after-hours trading. Electronic Arts Inc ERTS reported a five-fold surge in its FQ4 net income. The company reported its quarterly earnings at $151 million, or $0.45 per share, up from $30 million, or $0.09 per share, in the year-earlier period. The company's adjusted profit came in at $0.25 per share. The company's revenue increased 11% to $1.09 billion. EA's adjusted revenue surged to $995 million, from $850 million a year earlier. However, analysts were expecting earnings of $0.22 per share on revenue of $922.6 million. For the current quarter, EA projects an adjusted loss between $0.49 and $0.44 per share on adjusted revenue of $460 million to $500 million per share. However, analysts were expecting a loss of $0.34 per share on revenue of $557.1 million. ERTS shares surged 1.66% to $20.25 in the after-hours trading session. Analysts expect Visa Inc V to report its Q2 earnings at $1.20 per share on revenue of $2.23 billion. Visa shares rose 0.54% to $80.20 in after-hours trading. Trading Ideas.