Earnings playbook: The second half of the season kicks off with Apple, Ford and a pharma giant

The second half of the earnings season gets underway this week, with a ton of major companies slated to report. Roughly 150 S & P 500 companies are scheduled to post their latest quarterly earnings, including Apple, Starbucks and Pfizer. For the most part, companies thus far have outperformed the muted expectations for this reporting period. Of the nearly 270 S & P 500 members that have reported calendar first-quarter earnings, 79.5% have beaten estimates, FactSet data shows.

This quarter: Refinitiv data shows analysts expect a big year-over-year earnings drop from the chipmaker. What CNBC is watching: AMD is slated to report earnings after rival Intel posted its biggest quarterly loss in company history. "Like Intel, AMD's recent revenue trajectory has been battered by weak markets and channel flush. However, unlike Intel we fear that numbers into the 2H and 2024 could be too high rather than too low," Bernstein analyst Stacy Rasgon wrote.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

New savings account linked with Apple consolidates your earningsA new savings account linked to your Apple Card consolidates your earnings and gets you over 4% interest. Personal finance professor Dan Roccato has the latest on banking with Apple.
Fuente: fox32news - 🏆 547. / 51 Leer más »

Benchmark upgrades Intel, says investors should get constructive on chip stock after earningsIntel beat on the top and bottom lines in its first quarter, and also posted its largest-ever quarterly loss.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Amazon stock sinks after AWS growth warning erases post-earnings rallyAmazon stock sinks after its warning on AWS growth erases a post-earnings rally
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Intel earnings mark a 'small step' forward, but a 'potentially lethal combination' lurksIntel Corp.'s first-quarter results weren't pretty, but do they signal a brighter future ahead?
Fuente: MarketWatch - 🏆 3. / 97 Leer más »