Conagra, Jabil and Micron lead Wednesday watchlist as Concentrix outlook weighs

  • Wednesday’s stock watchlist featured Conagra, Jabil, Micron and FingerMotion, while Concentrix reported results and revised its outlook.
  • AAR reported $1.49 per share on $918 million in sales, beating estimates of $1.30 and $880.347 million, respectively.
  • Concentrix shares fell 10.2% after FY26 sales guidance was cut below estimates, while FingerMotion shares jumped 34.4% after its acquisition announcement.

U.S. stock futures traded higher Wednesday as investors focused on earnings and corporate updates involving Conagra Brands, Jabil, Micron Technology and FingerMotion, while reviewing Concentrix’s mixed third-quarter results and weaker outlook. Conagra was expected to report 28 cents per share on $2.59 billion in revenue before the opening bell, Jabil was expected to report $4.06 per share on $9.69 billion in revenue, and Micron was expected to report $31.45 per share on $50.75 billion in revenue after the closing bell. FingerMotion shares rose 34.4% after the company announced plans to acquire 100% of Newbit Technology. Concentrix narrowed its FY26 adjusted EPS outlook and reduced FY26 sales guidance below estimates, sending its shares down 10.2% after hours. The coverage also included Tuesday results from AAR, which beat earnings and sales estimates and issued a strong second-quarter sales forecast, and Vail Resorts, which exceeded revenue expectations but reported a wider loss than projected.

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