Slowdown In Bank Profits, What To Watch Out For - $BAC $NVS $MS $MASI $LMT

  • 11 months ago
Good Morning Investors: With U.S. stock futures trading slightly lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows. - Michael O'Connor, David Willey

STOCKS TO WATCH: $BAC $NVS $MS $MASI $LMT

Wall Street expects Bank of America Corporation (NYSE:BAC) to post quarterly earnings at 84 cents per share on revenue of $25.05 billion before the opening bell. Bank of America shares gained 0.8% to $29.62 in after-hours trading.

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Novartis AG (NYSE:NVS) reported better-than-expected results for its second quarter and boosted its earnings forecast for the full year. Novartis shares fell 0.6% to $98.35 in the after-hours trading session.

Analysts are expecting Morgan Stanley (NYSE:MS) to have earned $1.15 per share on revenue of $13.08 billion for the latest quarter. The company will release earnings before the markets open. Morgan Stanley shares rose 1% to $87.20 in after-hours trading.

Deep Dive: Goldman Sachs and Morgan Stanley will likely report another slowdown in profit on Tuesday

Masimo Corporation (NASDAQ:MASI) reported weak preliminary revenue results for the second quarter. Masimo shares tumbled 25.3% to $110.00 in the after-hours trading session.

Analysts expect Lockheed Martin Corporation (NYSE:LMT) to report quarterly earnings at $6.45 per share on revenue of $15.91 billion before the opening bell. Lockheed Martin shares rose 0.4% to $471.92 in after-hours trading.

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