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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Business & education services

FedEx, Toys 'R' Us, AutoZone, Steelcase and more - PRE-MARKET

Proactive Investors is covering all the movers and shakers in pre-market deals

With US shares seen continuing their run higher, several stocks are moving in pre-market deals, generally due to pending or already posted results.

FedEx Corp (NYSE:FDX) shares are up a smidge - 0.01% to $215.11 ahead of the delivery giant posting its quarterly numbers after the bell.

The 'street' expects the firm to post quarterly earnings at $3.16 per share on revenue of $15.40bn.

Elsewhere, AutoZone Inc (NYSE:AZO) shares added over 4% in after hours trade to US$$586 ahead of its quarterly numbers.

The group is expected to report earnings of US$15.14 per share on revenue of US$3.49bn before the bell.

Another riser after hours was furniture company Steelcase Inc (NYSE:SCS), which added over 5.5% to US$15.15 after it posted better than expected results for the second quarter on Monday.

Steelcase $SCS rose ~6% 15.15 in AH trading on posting Q2 revenue of 775.6M, better than consensus of 758.3M https://t.co/qqqzyJ1Xch

— Ben Silverberg (@silverjet2) 19 September 2017

Meanwhile, Apogee Enterprises Inc (NASDAQ:APOG) shares closed higher on Monday (up 0.40%) but were unchanged after hours.

It is reportedly expected to report quarterly earnings at US$0.71 per share on revenue of US$349.97mln.

A news story dominating is from Toys 'R' Us, which has reportedly filed for bankruptcy protection in the US and Canada as it tries to restructure debts.

The firm has struggled to compete against larger rivals such as Amazon (NASDAQ:AMZN).

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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