With U.S. stock futures trading higher Friday morning, several companies are positioned to capture investor attention as earnings season continues.
Wall Street analysts expect M&T Bank Corp. (MTB) to report quarterly earnings of $4.47 per share on revenue of $2.47 billion before the opening bell, according to data from Benzinga Pro. The regional banking giant saw shares slip 0.3% to $212.00 in after-hours trading.
J.B. Hunt Transport Services Inc. (JBHT) delivered mixed financial results for its fourth quarter. The logistics company reported revenue of $3.097 billion, falling just short of the $3.099 billion estimate, according to Benzinga Pro. However, J.B. Hunt beat earnings expectations with $1.90 per share compared to analyst forecasts of $1.77 per share. Despite the earnings beat, shares dropped 4.2% to $197.86 in after-hours trading.
State Street Corp. (STT) is expected to post quarterly earnings of $2.85 per share on revenue of $3.60 billion when it releases results before the markets open. The asset management and custody bank saw shares edge up 0.3% to $136.72 in after-hours trading.
QXO Inc. (QXO) made headlines by announcing a $750 million common stock offering while simultaneously reporting preliminary fourth-quarter net sales of $2.19 billion. The dual announcement sent shares down 4% to $24.03 in the after-hours session.
Analysts are looking for PNC Financial Services Group Inc. (PNC) to report quarterly earnings of $4.22 per share on revenue of $5.96 billion before the opening bell. PNC Financial shares climbed 0.9% to $217.00 in after-hours trading.
