FedEx, Micron And 3 Stocks To Watch Heading Into Wednesday

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

• Wall Street expects General Mills, Inc. GIS to report quarterly earnings at $1 per share on revenue of $4.87 billion before the opening bell, according to data from Benzinga Pro. General Mills shares gained 0.7% to $67.75 in after-hours trading.
• FedEx Corporation FDX reported stronger-than-expected fourth-quarter financial results. The company said its board is “conducting an assessment of the role of FedEx Freight” and will look at potential steps to unlock shareholder value. The company plans to buy back $2.5 billion in shares in fiscal 2025. FedEx shares jumped 13.9% to $292.00 in the after-hours trading session.
• Analysts are expecting Micron Technology, Inc. MU to post quarterly earnings at $0.49 per share on revenue of $6.63 billion. The company will release earnings after the markets close. Micron shares gained 1.7% to $143.49 in after-hours trading.

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• Tecnoglass Inc. TGLS announced that its Board of Directors is conducting a review of the Company’s strategic alternatives. Also, the company reiterated its FY24 guidance. Tecnoglass shares surged 12.8% to $46.27 in the after-hours trading session.
• Analysts expect Paychex, Inc. PAYX to post quarterly earnings at $1.10 per share on revenue of $1.3 billion before the opening bell. Paychex shares gained 1.2% to $126.58 in after-hours trading.

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