This report provides a concise overview of significant stock movements and upcoming earnings reports for key companies, including Intel, SLB, Booz Allen Hamilton, Intuitive Surgical, and Webster Financial, as U.S. stock futures show upward trends on Friday morning.
Market Anticipation: Companies to Watch Amidst Shifting Futures
Anticipated Performance for Booz Allen Hamilton
Before the market's opening bell on Friday, Wall Street analysts are projecting that Booz Allen Hamilton Holding Corp. will announce quarterly earnings of $1.29 per share, with an expected revenue of $2.75 billion. The company's shares experienced a slight increase, closing at $95.76 on Thursday.
Intuitive Surgical's Strong Quarterly Results
Intuitive Surgical Inc. surpassed market expectations with its fourth-quarter financial disclosures, released after the close of trading on Thursday. The firm, specializing in robotic-assisted surgery, posted revenues of $2.87 billion, outperforming the analyst consensus of $2.75 billion. Furthermore, its adjusted earnings per share for the quarter reached $2.53, exceeding the predicted $2.26. Following these positive announcements, Intuitive Surgical's stock value saw a modest rise, ending Thursday's session at $525.81.
Webster Financial's Upcoming Earnings Release
Webster Financial Corp. is slated to reveal its quarterly financial performance before the market opens. Analysts are forecasting earnings of $1.54 per share on revenues totaling $643.04 million. The company's stock demonstrated a small gain, closing at $66.22 on Thursday.
Intel's Post-Earnings Volatility
Intel Corp. delivered better-than-anticipated results for its fourth quarter. However, the semiconductor giant provided a cautious outlook for the upcoming period, projecting first-quarter revenue between $11.7 billion and $12.7 billion, which falls below some analysts' estimates of $12.49 billion. Additionally, Intel expects a breakeven adjusted earnings per share for the first quarter, contrary to estimates of five cents per share. This conservative forecast led to a significant drop in Intel's shares, which fell 11.1% to $48.30 in after-hours trading.
SLB NV's Expected Financial Disclosures
SLB NV is also scheduled to report its quarterly earnings prior to the market opening. Market watchers are estimating earnings of 74 cents per share on revenue of $9.55 billion. In after-hours trading, SLB's shares saw a slight increase, reaching $49.78.
