Market Overview

Stocks To Watch For May 17 (WMT, HPQ, DELL, URBN, HD)

Some of the stocks that may grab investor focus today are:

Wall Street expects Wal-Mart Stores Inc (NYSE: WMT) to report its Q1 EPS at $0.95 on revenue of $103.02 billion. WMT shares fell 0.20% to $55.95 in the after-hours trading session.

Hewlett-Packard Co (NYSE: HPQ) will now release its Q2 results before the market opens on Tuesday, after a leaked memo from Chief Executive Leo Apotheker. The company was scheduled to report its earnings on Wednesday. According to a memo obtained by Bloomberg News, CEO Leo Apotheker warned of “another tough quarter” in the company's third quarter. HPQ shares dipped 4.52% to $38.00 in after-hours trading.

Analysts are expecting Dell Inc (NASDAQ: DELL) to have earned $0.43 per share on revenue of $15.40 billion in the first quarter. DELL shares dropped 1.06% to $15.83 in the after-hours trading session.

Urban Outfitters Inc (NASDAQ: URBN) reported weaker-than-expected Q1 net income, but the retailer's revenue topped expectations. The retailer posted its quarterly net income at $39 million, or $0.23 per share, down from $53 million, or $0.31 per share, in the year-ago period. Its revenue increased 9% to $524 million. However, analysts were expecting earnings of $0.25 per share on revenue of $523.3 million. The retailer's revenue from stores open at least a year dropped 5%. URBN shares gained 1.11% to $32.65 in after-hours trading.

Analysts expect Home Depot Inc (NYSE: HD) to report its Q1 earnings at $0.49 per share on revenue of $17.02 billion. HD shares gained 0.59% to $37.20 in the after-hours trading session.

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Posted-In: Stocks To WatchEarnings News Pre-Market Outlook Markets Media Trading Ideas

 

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