With U.S. stock futures edging lower Tuesday morning, several companies are positioned to grab investor attention with earnings reports and after-hours momentum.
Earnings on Deck
HP Inc. (HPQ) is expected to report quarterly earnings of 92 cents per share on revenue of $14.48 billion after the closing bell, according to data from Benzinga Pro. The tech hardware giant saw shares tick up 0.5% to $24.51 in after-hours trading Monday.
J M Smucker Co. (SJM) will release results before the opening bell Tuesday, with analysts forecasting earnings of $2.10 per share on revenue of $2.32 billion. The consumer goods company's shares gained 0.5% to $104.75 in extended trading.
Alibaba Group Holding Ltd. (BABA) is set to post quarterly results before the market opens, with Wall Street expecting earnings of 49 cents per share on revenue of $34.43 billion. The Chinese e-commerce giant's shares climbed 1% to $162.30 after hours.
After-Hours Winners and Losers
Zoom Communications Inc. (ZM) delivered a solid performance in its latest quarter, posting revenue of $1.23 billion against consensus estimates of $1.21 billion. Even better, the video conferencing platform reported adjusted earnings of $1.52 per share, comfortably beating the $1.44 analyst consensus, according to Benzinga Pro. The company also raised its full-year 2026 guidance, sending shares up 3.6% to $81.45 in after-hours trading.
Semtech Corp. (SMTC) presented a mixed picture with its third-quarter fiscal 2026 results. The semiconductor company posted adjusted earnings of 48 cents per share, topping estimates of 45 cents, according to Benzinga Pro. However, revenue of $267 million fell just short of the $268.83 million analysts were expecting. The miss on the top line was enough to push shares down 6.9% to $65.17 in extended trading.
With earnings season continuing to deliver surprises in both directions, Tuesday's reports will offer fresh insights into how companies are navigating the current economic environment.