As U.S. stock futures trade slightly lower this morning, investors are likely to keep a close eye on several companies set to report their quarterly earnings today.
Science Applications International Corporation (SAIC)
is expected to report earnings of $1.86 per share on revenue of $1.79 billion before the market opens. After-hours trading saw a slight decline of 0.2% in SAIC shares, closing at $129.00.Hewlett Packard Enterprise (HPE)
delivered better-than-expected third-quarter results after the market closed yesterday. Earnings came in at 50 cents per share, exceeding analyst estimates by 6.38%. Revenue also surpassed expectations, reaching $7.71 billion compared to the projected $7.66 billion. Despite the positive results, HPE shares dipped 2% to $18.40 in after-hours trading.The Toro Company (TTC)
is anticipated to announce quarterly earnings of $1.22 per share and revenue of $1.26 billion before the market opens. Shares rose 0.6% to $91.50 in after-hours trading.Verint Systems (VRNT)
reported disappointing second-quarter financial results and also announced a new $200 million stock buyback program. This news sent shares tumbling 17.5% to $24.65 in the after-hours session.Broadcom (AVGO)
is expected to report quarterly earnings of $1.20 per share on revenue of $12.96 billion after the market closes. Shares dipped 0.1% to $154.00 in after-hours trading.Investors will be closely monitoring these companies’ earnings releases today, as they can have a significant impact on market movements.
