Some of the stocks that may grab investor focus today are:
Kraft Foods Inc KFT reported its Q4 net income at $540 million, or $0.31 per share, compared with $710 million, or $0.48 per share, in the year-ago period. The company's net revenue surged 30% y/y to $13.8 billion. KFT shares fell 1.96% to $30.50 in after-hours trading.
Wall Street expects Scana Corp SCG to report its Q4 EPS at $0.73 on revenue of $1.10 billion. SCG shares lost 0.42% to close at $42.41 yesterday.
Expedia Inc EXPE reported its Q4 net income at $71.3 million, or $0.25 per share, versus $102.2 million, or $0.35 per share, in the year-earlier period. The company's revenue increased 16% y/y to $808.4 million. Excluding one-time items, Expedia's earnings came in at $0.32 per share. However, analysts had expected earnings of $0.36 per share on revenue of $802.6 million. EXPE shares dipped 12.65% to $22.44 in the after-hours trading session.
Analysts are expecting Coca-Cola Enterprises CCE to have earned $0.28 per share on revenue of $1.77 billion in the fourth quarter. CCE shares gained 0.39% to close at $26.00 yesterday.
Wynn Resorts Ltd WYNN reported its Q4 earnings at $114.2 million, or $0.91 per share, compared with a loss of $5.2 million, or $0.04 per share, in the year-ago period. On an adjusted basis, Wynn reported its earnings at $0.91 per share. The company's revenue increased to $1.24 billion from $809.3 million, driven by a 79.4% surge at Wynn Macau and an 8% increase in Las Vegas. However, analysts were expecting earnings at $0.71 per share on revenue of $1.13 billion. WYNN shares fell 1.12% to $118.80 in after-hours trading.
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