Yahoo Finance is tracking Microsoft, eBay, Sears and Philip Morris in intraday trading on Thursday.
Microsoft (MSFT) – The tech giant is scheduled to report quarterly earnings after the bell Thursday. Wall Street expects Microsoft to announce some big changes, including layoffs as it reorganizes its global sales team and a transition to new revenue-recognition standards. The company is expected to report earnings of 71 cents a share on revenue of $24.27 billion. Microsoft shares are up nearly 19% since the start of the year.
eBay (EBAY) – The company is expected to report earnings per share of 45 cents on revenue of $2.31 billion after the market closes on Thursday. Wall Street will be keeping a close eye on any payoff from eBay’s recent advertising push and guidance for its current quarter. eBay’s stock has jumped nearly 10% over the past three months.
Sears (SHLD) – Shares are soaring after the company announced that its Kenmore products are now available on Amazon, including Kenmore Smart appliances equipped with Amazon Alexa. In a statement, Sears chairman and CEO Edward S. Lampert said, “The launch of Kenmore products on Amazon.com will significantly expand the distribution and availability of the Kenmore brand in the U.S. At the same time, Sears Home Services and our Innovel Solutions unit will benefit from the relationship as more customers experience their quality services for Kenmore products purchased on Amazon.com.”
Philip Morris International (PM) – The cigarette brand seller missed on both the top and bottom lines in its second quarter results, posting earnings of $1.14 a share on revenue of $6.92 billion. Shares have jumped nearly 33% since January 1.
For more on Thursday’s big stock movers, check out the Final Round, live at 4 p.m. ET, right here on Yahoo Finance.