Wall Street’s Focus: NVIDIA, Nordstrom, HP, Box, and Smucker

As U.S. stock futures trade mixed on Wednesday morning, several companies are capturing investor attention. Here’s a breakdown of those making headlines:

NVIDIA Corporation (NVDA):

Wall Street analysts anticipate NVIDIA to report quarterly earnings of 64 cents per share on revenue of $28.68 billion after market close. The stock dipped 0.5% to $127.70 in after-hours trading.

Nordstrom, Inc. (JWN):

Nordstrom delivered a strong performance in its second quarter, exceeding earnings expectations. The company reported quarterly earnings of 96 cents per share, surpassing the analyst consensus estimate of 71 cents per share. This positive news propelled Nordstrom shares up by 7.7% to $22.77 in after-hours trading.

HP Inc. (HPQ):

Analysts are expecting HP Inc. to post quarterly earnings at 86 cents per share on revenue of $13.38 billion. The company is set to release its earnings after the market closes. HP shares saw a minor decline of 0.03% to $35.59 in after-hours trading.

Box, Inc. (BOX):

Box announced better-than-expected financial results for the second quarter and issued robust guidance for fiscal year 2025. The company projects earnings of between $1.64 and $1.66 per share for fiscal year 2025, exceeding the estimated $1.57. Revenue is anticipated to be in the range of $1.086 billion to $1.09 billion, surpassing the estimated $1.079 billion. This positive outlook led to a surge in Box shares, gaining 6.9% to $30.81 in after-hours trading.

The J. M. Smucker Company (SJM):

Analysts expect The J. M. Smucker Company to post quarterly earnings at $2.17 per share on revenue of $2.13 billion before the opening bell. Smucker shares rose by 1.2% to $122.18 in after-hours trading.

These companies are poised to influence market sentiment as investors digest their financial reports. Stay tuned for updates as these stories unfold.

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