The U.S. stock market is set for a positive start on Friday, with several companies attracting investor interest in pre-market trading. Here’s a look at some of the key movers:
Madison Square Garden Entertainment Corp (MSGE)
is expected to report a quarterly loss of $2.27 per share on revenue of $271.32 million before the opening bell. The company’s shares rose by 3.5% to $40.00 in after-hours trading.Applied Materials, Inc (AMAT)
exceeded expectations for its third quarter. The company announced a fourth-quarter revenue projection of $6.53 billion, plus or minus $400 million, which surpasses estimates of $6.91 billion. Applied Materials also anticipates fourth-quarter adjusted earnings between $2 and $2.36 per share, compared to estimates of $2.14 per share. Despite the positive outlook, the company’s shares declined by 3.1% to $205.30 in after-hours trading.CI&T Inc (CINT)
is expected to post quarterly earnings of 6 cents per share on revenue of $99.03 million, with earnings set to be released before the market opens. CI&T shares saw a significant 10.4% surge to $7.45 in after-hours trading.H&R Block, Inc (HRB)
reported better-than-expected fourth-quarter financial results and increased its quarterly dividend by 17%. The company expects full-year 2025 revenue to be between $3.69 billion and $3.75 billion, exceeding estimates of $3.575 billion. H&R Block anticipates full-year adjusted earnings in the range of $5.15 to $5.35 per share, surpassing estimates of $4.30 per share. The company’s shares jumped 10% to $63.23 in the after-hours trading session.Flowers Foods, Inc (FLO)
is anticipated to report quarterly earnings of 33 cents per share on revenue of $1.24 billion before the market opens. Flowers Foods shares gained 1.5% to $22.99 in after-hours trading.Keep an eye on these stocks as the market opens, as their performance could provide insights into the broader market sentiment.
