Earnings playbook: Your guide to a busy week of earnings, featuring Meta and Amazon

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Big Tech names Alphabet, Microsoft, Meta Platforms and Amazon are scheduled to post their latest quarterly results.

By market cap, these are four of the 10 biggest S & P 500 names, making their earnings releases much more significant than others. Roughly 17% of the S & P 500 has reported calendar first-quarter earnings thus far, with 76% of those companies beating expectations, according to FactSet. To be sure, this week could make or break this earnings season given the size of the Big Tech names reporting.

However, the stock fell after the company's last two quarterly reports were released, including a 7.7% drop on Oct. 26. Wednesday Boeing is set to report earnings before the bell, with a call slated for 10:30 a.m. ET. Last quarter: BA reported a quarterly loss, pressured by labor and supply chain issues . This quarter: Boeing's revenue is expected to have grown by more than 20%, per Refinitiv.

 

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 SG

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Amazon, Facebook, Google Headline Busy Earnings Week for TechTech companies including Google parent Alphabet and Amazon as well as stalwarts from the food, pharmaceutical and energy sectors highlight a busy earnings week
Source: WSJ - 🏆 98. / 63 Read more »

Why company earnings are so upbeat despite recession, credit-crunch risksThe earnings season is off to a strong start even as recession looms and a credit squeeze sets in. Here's why, according to experts.
Source: BusinessInsider - 🏆 729. / 51 Read more »