HomeMarket NewsMicro Cap StocksThe Market Shuffle: A Glance at Stitch Fix, Target, and Promising Stocks

The Market Shuffle: A Glance at Stitch Fix, Target, and Promising Stocks

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In the ebb and flow of the U.S. stock market this Tuesday morning, eyes are on the following noteworthy stocks:

Market analysts anticipate that Target Corporation TGT will reveal its earnings report, with estimated earnings at $2.41 per share and revenue expected to hit $31.83 billion. After hours trading saw a 1.3% rise, with Target shares hitting $152.50.

AeroVironment, Inc. AVAV pleasantly surpassed expectations for its Q4 results. Projections for fiscal year 2024 indicate adjusted earnings ranging from $2.69 to $2.83 per share, with revenue in the ballpark of $700 million to $710 million. Post market, AeroVironment shares surged 19.4% to $156.00.

In the upcoming earnings report post-market, analysts are eyeing Ross Stores, Inc. ROST, expecting earnings per share of $1.65 and revenue around $5.81 billion. Pre after-hours trading saw Ross Stores shares ticking up 0.5% to $150.69.

Get a sneak peek at our premarket insights here

Stitch Fix, Inc. SFIX stumbled with less-than-stellar second-quarter financial reports, coupled with a tepid revenue outlook for FY24. Post-market activity saw a 14.7% decline, with Stitch Fix shares resting at $2.7992.

Once the closing bell tolls, attention will turn to Nordstrom, Inc. JWN, with analysts anticipating earnings per share of 86 cents and revenue around $4.38 billion. Nordstrom shares edged up by 0.8% to $20.75 in after-hours trading.

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