BlackBerry, Oracle, Kroger are stocks to watch

28187 blackberry oracle kroger are stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and Kroger Co.

BlackBerry US:BBRY   BB, +1.40%  is projected to report a loss of 27 cents a share in the first quarter, according to a consensus survey by FactSet. The Canadian smartphone company on Wednesday announced a partnership with Amazon.com Inc. AMZN, -0.82%  to access Amazon’s Appstore to provide more games, apps and music to BlackBerry users.

Oracle ORCL, -0.20%  is forecast to post fiscal fourth-quarter earnings of 95 cents a share. Analysts at Wedbush reiterated the stock’s neutral rating and target price of $40 on Wednesday. “At current levels,we see ORCL as fairly valued, with upside and downside risks roughly balanced,” analyst Steve Koenig said in his report.

Kroger KR, +1.23%  is expected to report first-quarter earnings of $1.05 a share.

Rite-Aid Corp. RAD, -1.07%  is likely to report first-quarter earnings of 4 cents a share.

Smith & Wesson Holding Corp. US:SWHC  is projected to post earnings of 39 cents a share in the fourth quarter.

Pier 1 Imports Inc. US:PIR  is likely to post earnings of 20 cents a share in the fourth quarter.

After Wednesday’s closing bell, Jabil Circuit Inc. JBL, +2.13%  reported third-quarter earnings rose to $188.3 million, or 93 cents a share, from $50.1 million, or 24 cents a share, a year ago. On an adjusted basis, Jabil earned 6 cents a share, beating analysts’ average estimate of 9 cents a share loss. Jabil shares came off of earlier highs to trade up 1.6%. Shares of Jabil rose 1.5% in after-hours trading.

Red Hat Inc. US:RHT  shares gained 3.6% in after hours after the software company reported first-quarter earnings of $37.8 million, or 20 cents a share, compared with $40.4 million, or 21 cents a share, a year ago. Excluding charges, it earned 34 cents a share, slightly ahead of analysts’ forecast of 33 cents a share.

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Source: Marketwatch

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