Stocks To Watch For March 16 (PSUN, GES, RMBS, VRA, NVDA)

Some of the stocks that may grab investor focus today are:

Pacific Sunwear of California Inc PSUN reported a Q4 loss at $35 million, or $0.53 per share, versus a net loss of $36 million, or $0.56 per share, in the year-ago quarter. Excluding one-time items, the company's loss came in at $0.33 per share. PSUN's revenue dropped 10% to $263 million. However, analysts were expecting an adjusted loss of $0.27 per share on revenue of $272 million. PSUN projects to post a Q1 loss of $0.46 to $0.55 per share, or $0.29 to $0.35 per share on an adjusted basis. PSUN shares tumbled 8.35% to $3.95 in after-hours trading.

Wall Street expects Guess? Inc GES to report its Q4 EPS at $1.06 on revenue of $725.90 million. GES shares gained 0.07% to close at $44.41 yesterday.

Rambus Inc RMBS renewed its five-year patent license agreement with Toshiba Corp. The financial terms for the agreement were not disclosed by the company. RMBS shares surged 7.88% to $20.25 in the after-hours trading session.

Vera Bradley Inc VRA reported its Q4 net income at $14.2 million, or $0.35 per share, versus a net income of $17.3 million, or $0.49 per share, in the year-earlier period. Excluding one-time items, Vera Bradley's earnings came in at $0.39 per share. The company's revenue increased 29% y/y to $109.4 million. However, analysts expected the company to report earnings of $0.27 per share on revenue of $95.6 million. VRA shares jumped 6.72% to $35.87 in after-hours trading.

NVIDIA Corp NVDA announced the resignation of its Chief Financial Officer (CFO) David White. The company reported that White has resigned for personal reasons. NVDA has appointed Karen Burns, corporate controller and vice president of tax, as interim CFO. NVDA shares dropped 0.85% to $17.51 in the after-hours trading session.

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