The companies which are expected to see active trade on Tuesday are Nike, Jabil Circuit, Adobe Systems, Red Hat, CarMax, Carnival Corp and Paychex.
Nike Inc (NYSE:NKE) shares advanced 0.37 percent to $90.60 in the afterhours trading session on Monday. The company is expected to report its second quarter net income of $0.88 per share compared to $0.76 per share in the same period a year ago.
Jabil Circuit Inc. (NYSE:JBL) shares surged 4.59 percent to $18.47 in the afterhours trading session after reporting better-than-expected first quarter results. The company’s first quarter net income rose to $0.61 per share and revenue rose to $4.14 billion, while analysts had anticipated revenue of $3.96 billion and net income of $0.54 per share.
Adobe Systems Inc. (NASDAQ:ADBE) shares advanced 2.82 percent to $29.18 in the pre-market trading on Tuesday after reporting better-than-expected fourth quarter earnings on late Monday. The company's fourth quarter adjusted profit was $285.7 million or 56 cents a share, up from $206.8 million or 39 cents a share last year. Revenue rose 33 percent to $1.01 billion. Analysts had expected profit of 52 cents a share on revenue of $988.07 million.
Red Hat, Inc. (NYSE:RHT) shares advanced 0.17 percent to $47.92 in afterhours trading session on Monday. The company is expected to report its third quarter net income of $0.20 per share compared to $0.17 per share in the same quarter last year. The stock hit its 52-Week high of $49.00 earlier this month and set its 52-Week low of $26.51 in February.
CarMax Inc. (NYSE:KMX) shares advanced 2.09 percent to $36.65 in the afterhours trading session on Monday. The company is expected to report its third quarter net income of $0.34 per share before the markets open.
Carnival Corp (NYSE:CCL) shares advanced 1.04 percent to $43.25 in the afterhours trading session on Monday ahead of its fourth quarter earnings report due on Tuesday. The company is projected to post fourth quarter net income of $0.32 per share compared to $0.24 per share in the same period last year.
Paychex Inc. (NASDAQ:PAYX), provider of payroll services and human resource services, reported its second quarter earnings after the markets closes on Monday. Its net income rose 6 percent to $133.9 million, or $0.37 per share compared to same period in the last year. The company shares advanced 0.72 percent to $30.68 in the afterhours trading session.