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7 Stocks To Watch For September 29, 2016

ACN, COST, CAG, PEP, RIG, PRGS

 

Some of the stocks that may grab investor focus today are:

  • Wall Street expects PepsiCo, Inc. (NYSE: PEP) to report quarterly earnings at $1.31 per share on revenue of $15.81 billion before the opening bell. PepsiCo shares rose 0.57 percent to $107.99 in after-hours trading.
  • Pier 1 Imports Inc (NYSE: PIR) reported in-line loss for the second quarter, but revenue of $405.82 million, missed the Street’s consensus by $1.14 million. Its same store sales dropped 4.3 percent in the quarter. Pier 1 shares gained 8.90 percent to $4.65 in the after-hours trading session.
  • Analysts expect Costco Wholesale Corporation (NASDAQ: COST) to post quarterly earnings at $1.74 per share on revenue of $37.19 billion after the closing bell. Costco shares gained 0.17 percent to $149.67 in after-hours trading.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • Progress Software Corporation (NASDAQ: PRGS) reported weaker-than-expected results for its third quarter on Wednesday. Progress Software shares dipped 9.68 percent to $25.65 in the after-hours trading session.
  • Before the markets open, Accenture Plc (NYSE: ACN) is projected to report quarterly earnings at $1.30 per share on revenue of $8.42 billion. Accenture shares declined 0.06 percent to $116.58 in after-hours trading.
  • Carl Icahn lowered stake in Transocean LTD (NYSE: RIG) to 1.5 percent. Icahn's earlier stake In Transocean was 5.88 percent. Transocean shares slipped 0.50 percent to $9.97 in the after-hours trading session.
  • Analysts are expecting ConAgra Foods Inc (NYSE: CAG) to have earned $0.48 per share on revenue of $2.75 billion in the latest quarter. ConAgra will release earnings before the opening bell. ConAgra shares fell 0.05 percent to $43.11 in after-hours trading.


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