As U.S. stock futures edge lower this Friday morning, investors are closely eyeing several companies in the market:
Anticipation swirls around Jabil Inc. with an expected quarterly earnings report of $1.68 per share on revenue of $6.89 billion. Jabil shares saw a modest 0.4% rise to $148.00 in after-hours trading.
Adobe Inc. exceeded expectations for its first quarter performance but offered a subdued revenue outlook for the upcoming quarter. The company projected second-quarter revenue between $5.25 billion and $5.30 billion, falling short of the estimated $5.31 billion. Adobe shares plummeted by 11% to $507.95 after hours.
Market analysts are predicting that The Buckle, Inc. earned $1.44 per share on revenue of $383.63 million in the latest quarter. Earnings results are scheduled for release before the markets open, and Buckle shares saw a 0.9% uptick to $37.99 in after-hours trading.
On the flip side, Babcock & Wilcox Enterprises, Inc. reported disappointing fourth-quarter financial results, causing a sharp 11.7% decline in Babcock & Wilcox shares to $1.1297 after hours.
Intuitive Surgical, Inc. experienced an upswing in after-hours trading following the FDA’s clearance for da Vinci 5. The move propelled Intuitive Surgical shares up by 3.3% to $397.11 after hours.
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