These stocks reporting this week, including Snap, are poised to see wild earnings moves

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Snap Inc Notícia

Peloton Interactive Inc,Sofi Technologies Inc,Robinhood Markets Inc

Earnings season is in full swing, and some names reporting this week are positioned for major moves.

This week marks the busiest week of the season , with almost one-third of companies in the S & P 500 and exactly a third of those in the Dow Jones Industrial Average set to post quarterly results. That includes five of the "Magnificent Seven," including Amazon , Apple and Meta . So far, 37% of those in the broad market index have reported this quarter, resulting in what has been a mixed reporting period. According to LSEG, earnings have come in 6.

"With Snap set to roll out Simple Snapchat and launch Sponsored Snaps, we see an inflection in impression growth as we believe the company can grow U.S. and North American engagement and drive greater ad load with its new ad products," the analyst wrote in the note. Peloton , which is scheduled to report before the bell on Thursday, had the biggest predicted post-earnings move in the screen at 17%.

 

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