Key Stocks to Watch on Tuesday
Wall Street anticipates the beverage giant to report quarterly earnings of 65 cents per share on revenue of $10.29 billion before the market opens. However, Coca-Cola shares dipped 0.2% to $61.95 in after-hours trading.
Despite exceeding earnings expectations for its first quarter, Yum China's sales fell short, leading to a 3.4% decline in its share price to $38.70 during after-hours trading.
Analysts predict the fast-food giant to report quarterly earnings of $2.54 per share on revenue of $5.75 billion. The company is scheduled to release its earnings before the markets open. McDonald's shares witnessed a slight increase of 0.2% to $274.00 in after-hours trading.
The technology company surpassed first-quarter earnings expectations and announced the retirement of CEO and President Jeff Cote. Sensata projects second-quarter adjusted earnings of 89 cents to 95 cents per share on revenue between $1.025 billion and $1.055 billion. This positive news propelled Sensata shares to a 17.6% jump to $42.05 in after-hours trading.
The e-commerce behemoth is expected to report quarterly earnings of 77 cents per share on revenue of $133.1 billion after the closing bell. Amazon shares experienced a 0.7% rise to $182.26 in after-hours trading.