The stock market is buzzing with anticipation as several companies prepare to release their quarterly earnings reports. Here are some of the key stocks that are likely to be on investor’s radar today:
Designer Brands Inc. (DBI)
is expected to report quarterly earnings of $0.53 per share on revenue of $816.14 million before the market opens. The company’s shares rose 3.2% in after-hours trading, indicating positive investor sentiment.GameStop Corp. (GME)
surprised the market with a profit for the second quarter, although sales fell short of expectations. Despite the positive profit news, the company’s shares dipped 10.4% in after-hours trading, perhaps due to the lower-than-expected revenue.Manchester United plc (MANU)
is set to report a quarterly loss of $0.17 per share on revenue of $188.52 million before the market opens. The company’s shares rose 1.4% in after-hours trading, suggesting optimism about the company’s future performance.Dave & Buster’s Entertainment, Inc. (PLAY)
delivered stronger-than-expected earnings for its second quarter on Tuesday. The company’s shares soared 12.2% in after-hours trading, a testament to the positive market response to its earnings performance.Oxford Industries, Inc. (OXM)
is anticipated to report quarterly earnings of $3.00 per share on revenue of $438.18 million after the market closes. The company’s shares climbed 4% in after-hours trading, indicating a positive outlook for the company.As these companies reveal their financial performance, investors will closely scrutinize their results to gauge the overall health of the market. Keep an eye out for how these earnings reports influence the direction of the stock market today.
