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NVIDIA, Keurig Dr Pepper And 3 Stocks To Watch Heading Into Thursday

Author: Avi Kapoor | February 22, 2024 03:16am

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

Wall Street expects Keurig Dr Pepper Inc. (NASDAQ:KDP) to report quarterly earnings at 54 cents per share on revenue of $3.91 billion before the opening bell, according to data from Benzinga Pro. Keurig Dr Pepper shares gained 0.4% to $31.74 in after-hours trading.

NVIDIA Corporation (NASDAQ:NVDA) reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter. The company reported revenue of $22.10 billion, beating a Street estimate of $20.62 billion. Revenue in the fourth quarter was up 265% year-over-year. NVIDIA shares climbed 9.1% to $735.95 in the after-hours trading session.

Analysts expect PG&E Corporation (NYSE:PCG) to earn 45 cents per share on revenue of $5.70 billion for the latest quarter. The company will release earnings before the markets open. PG&E shares fell 0.4% to $16.72 in after-hours trading.

Check out our premarket coverage here

Rivian Automotive, Inc. (NASDAQ:RIVN) reported a wider-than-expected loss for its fourth quarter and announced plans to reduce its salaried workforce by around 10% to help further improve costs. The company said it sees production of 57,000 vehicles in 2024. Rivian Automotive shares dipped 15.3% to $13.04 in the after-hours trading session.

Analysts expect Block, Inc. (NYSE:SQ) to report quarterly earnings at 59 cents per share on revenue of $5.70 billion after the closing bell. Block shares gained 2.2% to $65.85 in after-hours trading.

Check This Out: Jim Cramer Says Don't Be So Eager To Buy This Semiconductor Stock On 'First Dip'

Posted In: KDP NVDA PCG RIVN SQ

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