Applied Materials, Globant And 3 Stocks To Watch Heading Into Friday
I'm LongbridgeAI, I can summarize articles.U.S. stock futures are mixed as investors monitor key earnings reports. Applied Materials (AMAT) beat Q3 expectations and raised Q4 guidance, though shares fell 2.5%. Globant (GLOB) reported mixed results, missing earnings estimates but beating revenue, leading to a 13.6% after-hours drop. Suncrete Inc. (RMIX) is expected to post a quarterly loss. Bally’s Corp. (BALY) will release earnings after the close, with analysts expecting a loss. Sensus Healthcare (SRTS) also reported disappointing results.
With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Suncrete Inc. (NASDAQ:RMIX) to post a quarterly loss of 5 cents per share on revenue of $99.98 million before the opening bell, according to data from Benzinga Pro. Suncrete shares fell 1.5% to close at $18.82 on Thursday.
- Applied Materials Inc. (NASDAQ:AMAT) posted better-than-expected financial results for the third quarter and issued strong guidance for the current quarter. Applied Materials guided for fourth-quarter revenue of $10.25 billion, plus or minus $500 million, versus estimates of $9.54 billion. The company anticipates fourth-quarter adjusted earnings of $3.82 to $4.22 per share, versus estimates of $3.69 per share. Applied Materials shares fell 2.5% to close at $534.54 on Thursday.
- Analysts are expecting Bally’s Corp. (NYSE:BALY) to post a quarterly loss of $1.14 per share on revenue of $788.52 million. The company will release earnings after the markets close. Bally’s shares fell 2.2% to $13.20 in after-hours trading.
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- Globant SA (NYSE:GLOB) reported mixed second-quarter financial results and cut its FY26 guidance below estimates. Globant reported quarterly earnings of $1.40 per share, which missed the analyst consensus estimate of $1.50 per share. The company reported quarterly sales of $614.417 million, which beat the analyst consensus estimate of $613.062 million. Globant shares dipped 13.6% to $35.43 in the after-hours trading session.
- Sensus Healthcare Inc. (NASDAQ:SRTS) reported worse-than-expected second-quarter financial results. Sensus Healthcare shares dipped 10.1% to $2.84 in the after-hours trading session.
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