The earnings menu: Beyond Meat, Apple and a big bag of chips

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

On the week's earnings-report menu: Beyond Meat, Apple and a bag of chips

Beyond Meat Inc. will be the earnings appetizer for the coming week, with Apple Inc. as the main course, chips on the side and Big Oil as dessert.

Beyond Meat is now worth more than $14 billion, over twice as much as its most recently announced partner, Dunkin’ Donuts parent company Dunkin’ Brands Group Inc. DNKN, +1.66%, which reports earnings Thursday. Beyond Meat’s valuation will be tested with its second-quarter results, but the company has already taken one run through the earnings gauntlet and emerged fresh on the other side: Shares jumped nearly 40% after first-quarter earnings were announced in early June.

Need some drugs to help with all of those? Two of the Dow components expected to report this week are large drug companies that will drop results on Tuesday: Pfizer Co. PFE, +0.98% and Merck & Co. Inc. MRK, -0.39% They are far from the only pharmaceutical giants set to report, as there are three more scheduled on the same day in Amgen Inc. AMGN, +0.71% , Eli Lilly & Co. LLY, +0.42% and Gilead Sciences Inc. GILD, +0.90% , with Mylan NV MYL, +0.11% and Humana Inc. HUM, +0.

Too busy to get around to mentioning GE There are plenty of tech earnings beyond Apple and semiconductor companies this week. Like Beyond Meat, Pinterest Inc. PINS, +0.18% will report earnings for a second time following a closely watched IPO. Dow component Verizon Communications Inc. VZ, +1.28% and videogame companies Electronic Arts Inc. EA, +0.39% and Zynga Inc. ZNGA, +1.41% are also expected to report, along with a host of commerce-related tech companies in Square Inc. SQ, +2.

 

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:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines