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Amazon, Alphabet, and 3 Other Stocks to Watch on Thursday

US stock futures were mixed in early Thursday trading, with the following stocks potentially drawing investor attention today: Wall Street expects Amazon.com to report quarterly earnings per share…

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US stock futures were mixed in early Thursday trading, with the following stocks potentially drawing investor attention today:

Wall Street expects Amazon.com to report quarterly earnings per share of $1.96 and revenue of $202.28 billion after the close. Amazon shares fell 0.3% in after-hours trading to $253.75.

Alphabet Inc. reported third-quarter financial results that missed expectations. Alphabet posted third-quarter revenue of approximately $127.58 billion, below the analyst estimate of $128.2 billion. The Google parent reported third-quarter earnings per share of $2.12, which may not compare favorably with the expected $3.02 per share. Alphabet shares fell 10% in after-hours trading to $292.50.

Analysts expect Eli Lilly to post earnings per share of $6.50 and revenue of $22.61 billion for the latest quarter. The company is set to report before the market open. Eli Lilly shares rose 1.9% in after-hours trading to $1,312.68.

Microsoft Corporation reported better-than-expected first-quarter financial results after Wednesday's close. Microsoft posted first-quarter revenue of $92.28 billion, up 19% year-over-year. Total revenue surpassed the Wall Street consensus estimate of $90.66 billion. Microsoft reported adjusted earnings per share of $4.89, beating the Wall Street consensus of $4.72. Microsoft shares rose 2.9% in after-hours trading to $546.30.

Analysts expect Caterpillar Inc. to report quarterly earnings per share of $7.08 and revenue of $20.54 billion before the open. Caterpillar shares rose 0.4% in after-hours trading to $716.31.

Original: https://www.benzinga.com/trading-ideas/long-ideas/26/10/62682401/amazon-alphabet-and-3-stocks-to-watch-heading-into-thursday

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