As futures markets point to another higher start on Wall Street, pre-market trade is being kind to discount retailer Target Corp (NYSE:TGT), whose shares have boomed almost 6% higher.
It came after the company issued a strong forecast the second quarter.
The firm revealed it expects second-quarter profits to be at the high end of its previous per-share guidance of between 95 cents and $1.15 per share.
Our team is energized and focused on enhancing and modernizing the Target shopping experience, and our guests are responding," chief executive Brian Cornell told the statement.
Elsewhere, Delta Air Lines Inc (NYSE:DAL) is flying 1.66% lower in early before-the-bell deals as the Street expects the firm to post second quarter earnings of $1.66 per share on revenue of $10.78bn
Meanwhile, analysts expect Commerce Bancshares Inc (NASDAQ: CBSH), which is reporting ahead of the open, to have earned $0.7 per share on revenue of $306.04mln.
S shares are down 0.07% in pre-market.
Taking that trend further, Tech group DragonWave Inc (NASDAQ: DRWI) shares are plummeting over 18% lower in pre-market.
The firm has reported a first quarter loss of $0.52 per share on revenue of $9mln.
DragonWave Inc. 2018 Q1 - Results - Earnings Call Slides https://t.co/Cr1JP0ELFP $DRWI
— Seeking Alpha (@SeekingAlpha) 13 July 2017