Stocks in Focus (AMAT, DELL, NTAP, TGT, A, ANF, LTD, TYC)
The companies that are expected to see active trade on Wednesday are: Applied Materials, Dell, NetApp, Target Corp, Agilent Technologies, Abercrombie & Fitch, Limited Brands and Tyco International Ltd.
Applied Materials Inc. (NASDAQ:AMAT) is expected to report fourth quarter earnings after markets close on Wednesday. Analysts, polled by Thomson Reuters, expect the company, on average, to report a fourth quarter net income of $0.19 per share, down from $0.36 per share in the same quarter last year.
Dell Inc. (NASDAQ:DELL) shares declined 0.51 percent to $15.55 in post market trading session. The company reported third quarter non-GAAP net income of $983 million or $0.54 per share compared to $875 million or $0.45 per share in the same quarter a year earlier and against analysts’ estimation of $0.47 per share.
NetApp Inc. (NASDAQ:NTAP) is forecasted to report second quarter earnings per share of $0.59 after the closing bell on Wednesday.
Target Corp. (NYSE:TGT) is due to report third quarter earnings before the opening bell. Analysts expect the company to report third quarter net profit of $0.74 per share compared to $0.68 per share in the same period a year ago.
Agilent Technologies, Inc. (NYSE:A) shares declined 3.14 percent to $37.05 in post market trading session after reporting fourth quarter earnings. Its fourth quarter net profit declined to of $289 million or $0.82 per share from $293 million or $0.83 per share in the same quarter last year.
Abercrombie & Fitch Co. (NYSE:ANF) is projected to report third quarter earnings per share of $0.71 before the markets open on Wednesday.
Limited Brands Inc. (NYSE:LTD) is forecasted to report third quarter net profit of $0.24 per share, up from $0.18 per share in the same period a year ago.
Tyco International Ltd. (NYSE:TYC) is expected to report third quarter net income of $0.86 per share, up from $0.74 per share in the same quarter last year.
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