Stocks to Watch: Conn's, RH, Boeing, Caterpillar
04 September 2018 - 4:27PM
Dow Jones News
By Kimberly Chin
Here are some of the companies with shares expected to trade
actively in Tuesday's session.
Boeing and Caterpillar -- Shares of Boeing Co. and Caterpillar
Inc. are expected to remain volatile as trade talks continue
between the U.S. and its biggest trading partners. Boeing shares
were down 0.5%, while Caterpillar shares fell 0.6%.
Conn's Inc. -- Up 5.1%: The furniture and appliances company
reported strong profits in the second quarter, but missed on sales
estimates.
RH -- Up 1.8%: Home-furnishings company RH is slated to report
quarterly results after the market closes. Analysts polled by
Thomson Reuters are expecting an adjusted profit of $1.75 a share
and revenue of $660.9 million.
Tesla Inc. -- Down 2.1%: Goldman Sachs reinstates its "sell"
rating on the company, casting doubt on the electric car maker's
ability to reach production targets and become cash-flow
positive.
Workday Inc. -- Down 0.3%: The financial and human-resources
management software company is expected to release its latest
quarterly report after the market closes. Analysts polled by
Thomson Reuters are expecting adjusted earnings of 26 cents a share
and revenue of $663.1 million.
WPP PLC -- Down 7.1%: The world's largest ad company is facing
industry upheaval, and its second-quarter results showed a weak
performance in North America. WPP just named Mark Read as its new
chief executive to succeed Martin Sorrell.
This is an expanded version of the "Stocks to Watch" section of
our Markets newsletter. To receive it every morning via email,
click here.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
September 04, 2018 10:12 ET (14:12 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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