Stock Futures Rise Ahead of Earnings Reports

Lowes Posts Better-Than-Expected Results

The home-improvement retailer reported second-quarter adjusted earnings of $4.10 a share, surpassing analysts' estimates of $4.05.

Despite the earnings beat, shares of Lowes fell 1.5% in premarket trading.

Analysts say the decline may be due to the company's reported decline in same-store sales.

Palo Alto Networks Surges on Strong Earnings

Cybersecurity specialist Palo Alto Networks reported better-than-expected earnings for its third quarter.

The company's adjusted earnings per share came in at $1.58, beating analysts' estimates of $1.50.

Shares of Palo Alto Networks rose nearly 9% in premarket trading, contributing to their more than 25% year-to-date gain.

Other Stocks to Watch

Other stocks that may grab investor focus today include:

• Walmart (WMT): The retail giant is scheduled to report its second-quarter earnings after the market closes.
• Microsoft (MSFT): The technology company is expected to release its latest quarterly results after the market closes.
• Coca-Cola (KO): The beverage company is set to report its second-quarter earnings before the market opens.