With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
- Adobe Inc (NASDAQ:ADBE) posted upbeat financial results for the second quarter and raised its guidance for the full year after the closing bell on Thursday, according to data from Benzinga Pro. Adobe announced that CFO and Executive VP Dan Durn will depart the company on June 15. Steve Day, Senior VP of Corporate Finance and CFO of Adobe's Customer Experience Orchestration business unit, will serve as interim CFO. Adobe shares fell 5.5% to $206.67 in the after-hours trading session.
- RH (NYSE:RH) reported better-than-expected first-quarter financial results and raised its FY2026 sales guidance. RH reported quarterly losses of $1.97 per share, which beat the analyst consensus estimate of losses of $2.11 per share. The company reported quarterly sales of $800.328 million, which beat the analyst consensus estimate of $792.780 million. RH shares gained 0.5% to $160.07 in after-hours trading.
- Analysts are expecting The Children’s Place Inc. (NASDAQ:PLCE) to post a quarterly loss of $1.10 per share on revenue of $198.32 million. The company will release earnings after the markets close. Children’s Place shares fell 1.1% to $3.55 in after-hours trading.
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- Lennar Corp. (NYSE:LEN) posted mixed second-quarter results after Thursday's closing bell. Lennar reported quarterly adjusted earnings of $1.31 per share, which beat the Street consensus estimate of $1.25, according to Benzinga Pro data. Quarterly revenue came in at $7.94 billion, missing the analyst estimate of $8.02 billion. Lennar shares fell 2.7% to $92.35 in the after-hours trading session.
- Friedman Industries Inc. (NASDAQ:FRD) posted a sharp increase in earnings per share in fourth-quarter results. Friedman reported fourth-quarter net earnings of $9.2 million, or $1.30 diluted EPS, on sales of $191.8 million, up from $5.3 million, or $0.76 EPS, on $129.2 million a year prior. Friedman Industries shares jumped 21.3% to $32.00 in after-hours trading.
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