Stocks in Focus (GE, GOOG, SLB, MSFT, STI, INTC, FITB, PH, FHN, ISRG)
The companies expected to see active trade Friday are: General Electric, Google, Schlumberger, Microsoft Corp, Suntrust Banks, Intel Corp, Fifth Third Bancorp, Parker Hannifin Corp, First Horizon National Corp and Intuitive Surgical.
General Electric Co. (NYSE:GE) is forecasted to report fourth quarter net income of $0.38 per share on revenue of $40.05 billion Friday.
Google, Inc. (NASDAQ:GOOG) shares slumped 8.69 percent to $584.00 in pre-market trading session Friday as its fourth quarter earnings fell short of expectations. After markets close Thursday, the company reported that Its fourth quarter net income rose to $2.71 billion or $8.22 per share from $2.54 billion or $7.81 per share in the same quarter last year, while analysts' expected the company to report net income of $10.49 per share for the fourth quarter.
Schlumberger NV (NYSE:SLB) is due to report fourth quarter earnings before the opening bell Thursday. Analysts, polled by Thomson Reuters, expect the company, on average, to report a fourth quarter net income of $1.09 per share compared to $0.85 per share in the same quarter last year.
Microsoft Corp. (NASDAQ:MSFT) shares gained 1.88 percent to $28.65 in pre-market trading as its second quarter earnings tops estimates. The company reported second quarter net income of $6.62 billion or $0.78 per share compared to $6.63 billion or $0.77 per share in the same quarter last year and against analysts' estimation of $0.76 per share.
Suntrust Banks Inc. (NYSE:STI) is due to report fourth quarter earnings before the opening bell Friday. Analysts expect the company to report fourth quarter net profit of $0.27 per share compared to $0.23 per share in the same period last year.
Intel Corp. (NASDAQ:INTC) shares gained nearly 1 percent in pre-market trading session. The company announced late Thursday that its fourth quarter adjusted earnings rose to $3.36 billion or $0.64 per share from $3.18 billion or $0.56 per share in the same quarter a year-earlier, while analysts' expected the company to report quarter earnings per share of $0.61.
Fifth Third Bancorp (NASDAQ:FITB) is projected to report fourth quarter earnings per share of $0.36 on revenue of $1.53 billion.
Parker Hannifin Corp. (NYSE:PH) is expected to report fourth quarter net income of $1.62 per share, up from $1.39 per share in the same quarter last year.
First Horizon National Corp. (NYSE:FHN) is forecasted to report fourth quarter net profit of $0.14 per share compared to net loss $0.20 per share in the same quarter last year.
Intuitive Surgical, Inc. (NASDAQ:ISRG) shares plunged 4.6 percent to $452.80 in post market trading session on Friday. The company reported fourth quarter net income of $151.2 million or $3.75 per share compared to $151.2 million or $3.75 per share in the same period last year and against analysts' estimation of $3.35 per share.
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