Stocks to Watch: Brinker, Serve Robotics, Cisco, Ouster, and Cardinal Health

As U.S. stock futures show mixed trading this Wednesday morning, several companies are poised to capture investor focus. Here’s a rundown of those anticipated to make headlines:

Brinker International (EAT):

Wall Street analysts project Brinker to report quarterly earnings of $1.65 per share on revenue of $1.16 billion before the market opens. Brinker shares dipped slightly by 0.1% to $70.35 in after-hours trading.

Serve Robotics (SERV):

The company exceeded expectations with its second-quarter sales results, sending Serve Robotics shares soaring 16.7% to $12.10 during the after-hours trading session.

Cisco Systems (CSCO):

Analysts anticipate Cisco to announce quarterly earnings of 85 cents per share on revenue of $13.54 billion after the market closes. Cisco shares closed at $45.35, down 0.1% in after-hours trading.

Ouster (OUST):

Ouster’s second-quarter sales fell short of expectations, and the company issued weak third-quarter revenue guidance. This news led to a 16.4% drop in Ouster shares, closing at $9.10 in after-hours trading.

Cardinal Health (CAH):

Analysts expect Cardinal Health to report quarterly earnings of 36 cents per share on revenue of $770.39 million before the market opens. Cardinal Health shares gained 1.1% to $103.75 in after-hours trading.

Stay tuned for updates on these companies as their earnings reports unfold and potentially impact the market landscape.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top