Stocks in focus after Thursday and ahead of Friday.
- Netflix (NASDAQ:NFLX) was down 2.7% at 5:40 PM ET (22:40 GMT). Revenue for the fourth quarter was slightly lower than expected. Subscriber growth was strong, however.
- American Express (NYSE:AXP) shares were off 2.5% after hours. Fourth-quarter earnings missed the consensus estimate by 6 cents a share. Its first-quarter estimate was a little light. The company blamed weakness in stagnating results from its merchant and network services unit.
- JB Hunt Transport Services (NASDAQ:JBHT) shares were up 6.6% after hours. Fourth-quarter earnings missed estimates. But much of the miss was due to a pre-tax charge relating to ongoing arbitration with the BNSF Railway Co. Revenue, however, was up 16.6% year over year and beat the Street estimate by $20 million.
- Schlumberger (NYSE:SLB) was off slightly after hours. The oil-services giant reports fourth-quarter earnings before Friday's open. The consensus estimate is 37 cents, with revenue pegged at $8.1 billion, down 5% from the third quarter. The stock was battered by declining oil prices last year. But the shares are up nearly 16% since the Dec. 24 market bottom. Crude oil is up 15% this year.
- Rio Tinto (NYSE:RIO) reports fourth-quarter results ahead of the bell on Friday. U.S. ADRs were up slightly after Thursday's close. The mining giant's recent results have been pressured by lower commodity prices. Copper, an important bellwether of the state of the global economy, was down 20% in 2018, but is up 1.9% in 2019.