Stocks To Watch For June 23

Some of the stocks that may grab investor focus today are: Wall Street expects Micron Technology Inc MU to report its Q3 earnings at $0.16 per share on revenue of $2.37 billion. MU shares dropped 0.24% to $8.15 in after-hours trading. Bed Bath & Beyond Inc BBBY reported an upbeat quarterly profit and lifted its full-year earnings forecast. The company reported its quarterly net income at $180.6 million, or $0.72 per share, up from $137.6 million, or $0.52 per share, in the year-earlier period. Its quarterly sales surged 9.7% to $2.11 billion. Analysts were expecting a profit of $0.63 per share on revenue of $2.08 billion. BBBY's same-store sales climbed 7%. BBBY shares surged 1.72% to $54.99 in the after-hours trading session. Analysts are expecting Oracle Corp ORCL to have earned $0.71 per share on revenue of $10.75 billion in the fourth quarter. ORCL shares gained 0.09% to $32.23 in after-hours trading. Red Hat Inc RHT reported better-than-expected fiscal first-quarter profit. The company's net income jumped to $32.5 million, or $0.17 per share, from $24.1 million, or $0.12 per share, in the year-ago period. The company's revenue surged 27% to $264.7 million. Excluding one-time items, Red Hat's earnings came in at $0.24 per share for the quarter. Analysts were expecting earnings of $0.22 per share on revenue of $253.7 million. RHT shares jumped 4.35% to $45.62 in the after-hours trading session. Analysts expect Discover Financial Services DFS to post its Q2 EPS at $0.70 on revenue of $1.70 billion. DFS shares declined 0.08% to $23.57 in after-hours trading. Trading Ideas.