News Formal

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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 72%

Snap Inc News

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%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earnings guide: Here's what to expect from the 'Mag 7' ahead of third-quarter earningsMegacap tech has powered the two-year bull market. But the stocks have come under pressure as Wall Street wonders whether they have more room to run.
Source: CNBC - 🏆 12. / 72 Read more »

These stocks could see big moves on earnings reports this weekA handful of stocks could see strong earnings-related moves this week.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: United Airlines, J.B. Hunt and moreEarnings reports were driving after hours stock moves on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Goldman Sachs Stock Drops Despite 54% Earnings Jump: Time to Buy?Stocks Analysis by ValueWalk (Dave Kovaleski) covering: Goldman Sachs Group Inc. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Goldman Sachs stock rises as Q3 earnings beat expectationsGoldman Sachs stock rises as Q3 earnings beat expectations
Source: Investingcom - 🏆 450. / 53 Read more »

US stock futures stable after tech losses; earnings in focusUS stock futures stable after tech losses; earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »