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Costco, Darden Restaurants And 3 Stocks To Watch Heading Into Friday

Author: Avi Kapoor | December 15, 2023 02:58am

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Darden Restaurants, Inc. (NYSE:DRI) to report quarterly earnings at $1.74 per share on revenue of $2.74 billion before the opening bell. Darden shares rose 0.6% to $164.00 in after-hours trading.

Costco Wholesale Corporation (NASDAQ:COST) posted upbeat earnings for its first quarter and announced a special cash dividend of $15 per share. Costco shares rose 1.3% to $639.00 in the after-hours trading session.

Lennar Corporation (NYSE:LEN) posted better-than-expected earnings for its fourth quarter on Thursday. The company also said it sees net orders of 17,500-18,000 for the current quarter. Lennar shares fell 3.1% to $150.00 in the after-hours trading session.

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Scholastic Corporation (NASDAQ:SCHL) posted weaker-than-expected results for its second quarter. The company’s board also approved an additional $66 million for share repurchases. Scholastic shares fell 12% to $36.50 in the after-hours trading session.

Analysts expect Red Cat Holdings, Inc. (NASDAQ:RCAT) to post a quarterly loss at 7 cents per share on revenue of $3.00 million. The company will release earnings after the markets close. Red Cat shares gained 6% to $0.62 in after-hours trading.

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Posted In: COST DRI LEN RCAT SCHL

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