As U.S. stock futures navigate a mixed landscape this Friday morning, investors are keeping a close eye on several companies set to report their quarterly earnings.
American Express (AXP):
Wall Street analysts anticipate American Express to deliver earnings per share of $3.28 on revenue of $16.67 billion before the market opens. The company’s shares saw a 1.8% surge in after-hours trading, closing at $290.91.
Netflix (NFLX):
The streaming giant exceeded expectations in its third-quarter financial results, reporting revenue of $9.825 billion, a 15% year-over-year increase. This outperformed market estimates of $9.769 billion. Netflix’s global paid subscriber count also rose 14.4% year-over-year to 282.72 million. The company’s shares gained 5.1% to $722.35 in after-hours trading.
Procter & Gamble (PG):
Analysts expect Procter & Gamble to post quarterly earnings per share of $1.90 on revenue of $21.91 billion. The consumer goods giant is scheduled to release its earnings before the market opens. Procter & Gamble shares edged up 0.1% to $172.50 in after-hours trading.
Intuitive Surgical (ISRG):
The medical device company impressed with better-than-expected third-quarter results. Adding to the positive news, Intuitive Surgical received regulatory clearance in South Korea for its da Vinci 5 surgical system in October. Shares of the company jumped 6.1% to $502.80 in after-hours trading.
Schlumberger Limited (SLB):
The oilfield services company is projected to report earnings of 88 cents per share on revenue of $9.25 billion before the market opens. SLB shares rose 0.4% to $44.16 in after-hours trading.These companies’ earnings reports are likely to set the tone for the trading day, with investors keenly watching for insights into each company’s performance and future outlook. Stay tuned for updates and analysis as the earnings season unfolds.