The Stock Scene Unfolds
As U.S. stock futures dance inconspicuously lower this fine Thursday morning, investors have their radars fixed on the following stocks:
First up in the limelight is the famed Walgreens Boots Alliance, Inc. (NASDAQ: WBA), with the Street whispering of quarterly earnings clocking in at a cool 82 cents per share on revenues worth a hefty $35.86 billion. In the twilight hours, Walgreens shares got a slight lift, touching $21.03.
Meanwhile, the unconventional RH (NYSE: RH) unveiled results for the fourth quarter that were below the grand expectations. However, the company set forth an optimistic outlook, anticipating a whopping 12% to 14% boost in demand and an 8% to 10% surge in revenue YoY for 2024. Investors’ hearts seemed to skip a beat, propelling RH shares up by a stellar 8.4% to $322.00 post-bell.
On a different note, analysts have their betting chips on MSC Industrial Direct Co., Inc. (NYSE: MSM), forecasting earnings of $1.16 per share coupled with a robust revenue of $946.55 million. Stay tuned as the company unveils its earnings when the markets crack open. MSC Industrial Direct shares tiptoed forward by 0.2% to $99.73 in after-hours trading.
The Plot Thickens
Meanwhile, MillerKnoll, Inc. (NASDAQ: MLKN) painted a dreary picture as it reported a slump in third-quarter sales and handed out a rather limp guidance for the looming fourth quarter. This unforeseen turn of events left MillerKnoll shares stumbling down by a crushing 16.2% to $25.60 in post-market activities.
As the day wears on, expectations are high for the performance of Oxford Industries, Inc. (NYSE: OXM), with analysts forecasting a quarterly earnings haul of $1.95 per share matched with revenues amounting to $408.18 million as the closing bell nears. Oxford Industries shares managed a timid uptick of 0.03% to $112.50 in evening trading.
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