Wall Street’s Focus: AutoZone, AAR Corp, THOR Industries, Snowflake, and KB Home

As U.S. stock futures trade mixed on Tuesday morning, investors are turning their attention to several companies poised to make headlines.

AutoZone (AZO)

is expected to report strong quarterly earnings, with analysts forecasting $53.53 per share on revenue of $6.22 billion before the opening bell. The company’s shares dipped slightly in after-hours trading, down 0.7% to $3,027.

AAR Corp (AIR)

exceeded expectations with its first-quarter results on Monday. The company reported earnings of 85 cents per share, beating the analyst consensus of 82 cents. This positive news boosted AAR shares by 3.4% to $71.44 in after-hours trading.

THOR Industries (THO)

is also anticipated to deliver strong quarterly earnings, with analysts projecting $1.30 per share on revenue of $2.47 million. The company’s shares gained 1.6% to $104.83 in after-hours trading.

Snowflake (SNOW)

announced a $2 billion private placement of senior convertible notes, causing its shares to decline by 3.1% to $109.71 in after-hours trading.

KB Home (KBH)

is expected to report quarterly earnings after the closing bell. Analysts forecast earnings of $2.06 per share on revenue of $1.73 billion. The company’s shares closed up 1.1% at $88.20 on Monday.

These companies are likely to be closely watched by investors as they navigate the current market landscape. Stay tuned for further developments and analysis throughout the day.

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