Stocks to Watch: BlackBerry, Oracle, Kroger are stocks to watch

Stock Market

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and Kroger Co.

BlackBerry

US:BBRY

BB, -4.23%

You Might Like

 is projected to report a loss of 27 cents a share in the first quarter, according to a consensus survey by FactSet. The Canadian smartphone company on Wednesday announced a partnership with Amazon.com Inc.

AMZN, -5.09%

 to access Amazon’s Appstore to provide more games, apps and music to BlackBerry users.

Oracle

ORCL, -3.17%

 is forecast to post fiscal fourth-quarter earnings of 95 cents a share. Analysts at Wedbush reiterated the stock’s neutral rating and target price of $40 on Wednesday. “At current levels,we see ORCL as fairly valued, with upside and downside risks roughly balanced,” analyst Steve Koenig said in his report.

Kroger

KR, +1.06%

 is expected to report first-quarter earnings of $1.05 a share.

Rite-Aid Corp.

RAD, -2.48%

 is likely to report first-quarter earnings of 4 cents a share.

Smith & Wesson Holding Corp.

US:SWHC

 is projected to post earnings of 39 cents a share in the fourth quarter.

Pier 1 Imports Inc.

PIR, -0.65%

 is likely to post earnings of 20 cents a share in the fourth quarter.

After Wednesday’s closing bell, Jabil Circuit Inc.

JBL, -3.36%

 reported third-quarter earnings rose to $188.3 million, or 93 cents a share, from $50.1 million, or 24 cents a share, a year ago. On an adjusted basis, Jabil earned 6 cents a share, beating analysts’ average estimate of 9 cents a share loss. Jabil shares came off of earlier highs to trade up 1.6%. Shares of Jabil rose 1.5% in after-hours trading.

Red Hat Inc.

RHT, -0.08%

 shares gained 3.6% in after hours after the software company reported first-quarter earnings of $37.8 million, or 20 cents a share, compared with $40.4 million, or 21 cents a share, a year ago. Excluding charges, it earned 34 cents a share, slightly ahead of analysts’ forecast of 33 cents a share.

More must-reads from MarketWatch:

Piketty’s New American Dream is only for the Super Rich

Janet Yellen’s no more confident than the rest of us

What’s next for state, local pension funding

Providing critical information for the U.S. trading day. Subscribe to MarketWatch’s free Need to Know newsletter. Sign up here.

Articles You May Like

How They Closed It: Closing The Loop On One Of Aspen’s Most Expensive Deals Ever
How Top Agents Are Using CGI Technology To Make Dream Homes Into A Virtual Reality
THORChain token price up 16% following mainnet launch
Inside Atlantic Union’s decision to sell its profitable RIA unit
Fed dissenter George says jumbo rate hike adds to policy uncertainty

Leave a Reply

Your email address will not be published.