BP, Caterpillar and 3 stocks to watch heading into Tuesday


With U.S. stock futures trading lower than earnings reports from several major companies Tuesday morning, some of the stocks that could grab investors’ attention today are as follows:

Wall Street expects Caterpillar Inc. CAT will report quarterly earnings of $3.01 per share on revenue of $14.38 billion before the opening bell. Caterpillar shares rose 1% to $196.85 in after-hours trading. Pinterest, Inc. PINS reported weaker-than-expected second-quarter results Monday. However, Pinterest shares rose sharply in after-hours trading after Elliott Investment Management announced they are now Pinterest’s largest investor. Pinterest shares rose 21.4% to $24.27 in the after-hours trading session. Analysts expect Advanced Micro Devices, Inc. AMD made $1.03 per share on revenue of $6.53 billion in the last quarter. The company will release the results after the markets close. AMD shares rose 0.6% to $97.40 in after-hours trading.

View our pre-market coverage here

Zoom Info Technologies Inc. ZI reported better-than-expected results for the second quarter and also raised its revenue forecast for FY22. ZoomInfo shares rose 11.3% to $42.00 in the after-hours trading session. BP Plc BP increased its dividend after reporting a sharp increase in profits for the second quarter. The company also announced plans to repurchase $3.5 billion in shares over the next three months. BP shares were up 1.5% to $29.48 in the after-hours trading session.
This post BP, Caterpillar and 3 stocks to watch heading into Tuesday was original published at “https://www.benzinga.com/news/earnings/22/08/28304129/bp-caterpillar-and-3-stocks-to-watch-heading-into-tuesday”

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