With US stock futures trading higher this Tuesday morning, some of the stocks that may draw investor focus today include the following:
- Wall Street expects Acuity Brands, Inc. AYI To report quarterly earnings of $3.58 per share on revenue of $1.08 billion before the opening bell. Acuity Brands shares are up 0.2% to $160.00 in after-hours trading.
- shares of Poshmark, Inc. ELEGANT Soared sharply in premarket trading after the company agreed to be bought by Korea’s largest internet company, Naver Corp, for $17.90 a share in cash. Poshmark shares are up 12.6% to $17.53 in the premarket trading session.
- Analysts expect SMART Global Holdings, Inc. SGH Earned $0.65 per share on revenue of $440.00 million last quarter. The company will release earnings after the market close. SMART Global shares were up 0.1% in after-hours trading to $16.00.
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- Rivian Automotive, Inc. RIVN provided an update on third quarter production and shipments and said it remains on track to meet its previously provided production guidance. The company said it produced 7,363 vehicles and delivered 6,584 vehicles in the third quarter, its highest quarterly totals ever. Rivian Automotive shares are up 7.6% in after-hours trading to $34.32.
- Analysts expect Saratoga Investment Corp. SAR Quarterly earnings of $0.32 per share on after-market sales of $19.90 million. Saratoga Investment shares were up 1.7% in after-hours trading at $21.23.
