The companies which are expected to see active trade on Friday are: Bank of America, Advanced Micro Devices, Google, General Electric, Intuitive Surgical, Schlumberger, International Game Technology, Emulex and Capital One Financial.
Bank of America Corp. (NYSE:BAC) shares advanced 1.79 percent to $14.80 in post market trading session on Thursday. The company is expected to report fourth quarter net income of $0.14 per share compared to a net loss of $0.60 in the same quarter last year.
Advanced Micro Devices Inc. (NYSE:AMD) reported fourth-quarter net income of $375 million or $0.50 per share, compared with earnings of $1.1 million or $1.52 a share in the same period last year.
Shares of Google Inc. (GOOG) gained 1.31 percent to $635 in the after-hours trading, following its better-than-expected fourth quarter earnings and appointment of Larry Page as chief executive officer. Adjusted profit was $2.9 billion or $8.75 a share, up from $2.2 billion or $6.79 a share last year. Revenue rose 26 percent to $8.4 billion. Excluding traffic acquisition costs, revenue grew about 29 percent to $6.4 billion. Analysts had expected profit of $8.09 a share on revenue of $6.06 billion.
General Electric Co. (NYSE:GE) is projected to report second quarter net income of $0.32 per share compared to $0.28 in the same quarter last year.
Intuitive Surgical, Inc. (NASDAQ:ISRG) shares surged 12.04 percent to $324.72 in the after-hours trading session after reporting better-than-expected fourth quarter earnings. Profit was $121 million or $3.02 a share, up from $78 million or $1.95 a share last year. Revenue rose 21 percent to $389.3 million, on continued robotic procedure adoption and higher da Vinci Surgical System sales.
Schlumberger Ltd. (NYSE:SLB) is expected to report fourth quarter net income of $0.77 per share compared to $0.67 per share in the same quarter last year.
International Game Technology (NYSE:IGT) shares declined 5.79 percent in aftermarket trading session after the company said its first-quarter profit increased slightly from last year, due to certain discrete tax benefits and gain on the sale of its equity investment. Its quarterly sales of $464.8 million missed analyst estimation.
Emulex Corp. (NYSE:ELX) shares declined 4.51 percent to $11.22 in post market trading session after the company said its third-quarter earnings may be as low as 8 cents a share, compared with analysts’ estimate of 11 cents. The company reported a second quarter net profit of $0.15 per share against analysts’ estimation of $0.15 per share.
Capital One Financial Corp. (NYSE:COF) shares declined 0.93 percent to $46.81 in aftermarket trading session. Its fourth quarter net income rose to $697 million or $1.52 per share, up from $376 million or $0.83 per share in the same quarter a year ago. Revenue fell 1.3 percent to $4 billion.