Market Anticipation: Companies in the Spotlight
Procter & Gamble's Expected Financial Performance
Before the market opens, Procter & Gamble Co. (NYSE:PG) is expected to unveil its latest quarterly financial results. Market analysts predict the consumer goods giant will report earnings of $1.90 per share on revenues reaching $22.17 billion. Following these projections, the company's shares experienced a slight increase of 0.8% to $153.49 in after-hours trading.
Intel's Strong Q3 Outcomes and Market Impact
Intel Corp. (NASDAQ:INTC) recently announced its third-quarter financial figures, which surpassed market expectations. The semiconductor manufacturer's revenue for the quarter stood at $13.65 billion, exceeding the estimated $13.14 billion. Furthermore, adjusted earnings per share reached 23 cents, significantly higher than the anticipated one cent. This positive news led to a substantial 7.7% gain in Intel's shares, closing at $41.10 in extended trading.
General Dynamics Prepares for Earnings Release
General Dynamics Corp. (NYSE:GD) is another major corporation scheduled to release its quarterly earnings before trading commences. Analysts are looking for earnings of $3.70 per share and revenues of $12.57 billion. The company's stock saw a modest increase of 1% to $345.00 in after-hours activity.
Deckers Outdoor's Post-Earnings Share Adjustment
After the closing bell on Thursday, Deckers Outdoor Corp. (NYSE:DECK) disclosed its second-quarter earnings, which showed a mixed performance. While the company projected fiscal GAAP EPS between $6.30 and $6.39, exceeding the $6.28 estimate, its revenue forecast of $5.35 billion fell short of the $5.45 billion analyst consensus. Consequently, Deckers Outdoor's shares dropped by 12.3% to $89.91 in after-hours trading.
Booz Allen Hamilton on the Eve of its Earnings Report
Booz Allen Hamilton Holding Corp. (NYSE:BAH) is also on investors' radar, with its quarterly earnings report anticipated before the market opens. Analysts forecast earnings of $1.51 per share on revenues of $2.99 billion. Following market expectations, Booz Allen Hamilton's stock slightly decreased by 0.3% to $100.00 in after-hours trading.