Stocks to Watch: Earnings Reports to Shape Friday’s Market
The U.S. stock futures market is indicating a slightly positive start to the trading day on Friday, with several companies poised to release their quarterly earnings reports. Here are some of the key players to keep an eye on:
AutoNation, Inc. (AN)
: Wall Street analysts are expecting AutoNation to report quarterly earnings of $4.38 per share on revenue of $6.71 billion. The company is scheduled to release its results before the opening bell. AutoNation shares gained 0.4% in after-hours trading, reaching $163.81.Capital One Financial Corp. (COF)
: Capital One has already delivered a positive surprise, exceeding expectations for its third-quarter earnings. The company reported earnings of $4.51 per share, surpassing the analyst consensus estimate of $3.76. Its quarterly revenue also came in above estimates at $10.014 billion, compared to the projected $9.861 billion. Following this strong performance, Capital One shares climbed 4.9% to $160.71 during the after-hours trading session.Colgate-Palmolive Company (CL)
: Analysts are anticipating Colgate-Palmolive to post quarterly earnings of 89 cents per share on revenue of $5.00 billion. The company will release its earnings before the market opens. Colgate-Palmolive shares gained 0.7% to $100.40 in after-hours trading.Edwards Lifesciences Corporation (EW)
: While Edwards Lifesciences reported better-than-expected earnings for the third quarter, its sales fell short of estimates. This resulted in a decline of 4.4% in its share price, closing at $67.25 in the after-hours trading session.HCA Healthcare, Inc. (HCA)
: Analysts are expecting HCA Healthcare to report quarterly earnings of $4.96 per share on revenue of $17.54 billion. The company is set to release its results before the market opens. HCA Healthcare shares slipped 1% to $395.00 in after-hours trading.Investors will be closely monitoring these earnings announcements to gauge the overall health of the companies and their respective sectors. Strong earnings reports could provide a boost to the market, while disappointing results could lead to selling pressure.