Yahoo Finance is tracking Disney, Nvidia and Target in intraday trading on Tuesday.
Disney (DIS) – The media and entertainment company is scheduled to report fiscal second-quarter results after the bell. Disney is expected to post earnings per share of $1.41 on revenue of $13.45 billion. A big focus will be on Disney’s media networks, its largest revenue driver. That division is expected to report $5.99 billion in revenue during the quarter. ESPN will be in the spotlight after the sports network announced 100 layoffs in April, including on-air talent.
Nvidia (NVDA) – Wall Street expects Nvidia to post first-quarter earnings of 67 cents per share on revenue of $1.91 billion. Analysts are warning that the company could fall short of expectations due to a slowdown in its video gaming division. Nvidia’s stock has soared about 195% over the past year. The company was named Yahoo Finance’s 2016 company of the year.
Target (TGT) – The retail giant is testing a new offer to better compete with rival Amazon. Target announced that it is trying a next-day delivery service, called Target Restock. The company is planning to pilot the new service with customers in the Minneapolis area this summer.
For more on Tuesday’s big stock movers and earnings after the bell, check out the Final Round, live at 4 p.m. ET, right here on Yahoo Finance.
