Welcome to Extreme Investor Network, where we bring you the latest and most valuable information to help you make informed investment decisions. This week marks the busiest week of the corporate earnings season, with over 150 S&P 500 companies set to report their quarterly results. Among them are tech giants like Apple and Amazon, as well as automotive powerhouse Ford Motor. Additionally, pharmaceutical giant Pfizer is on deck to share its financial performance.
While there have been some high-profile earnings beats, such as Tesla, overall earnings growth is expected to be around 3%, slightly below analyst expectations. Let’s take a closer look at what to expect from some of the most important quarterly reports coming this week.
On Monday, Ford Motor is set to report earnings after the bell, with analysts expecting year-over-year earnings growth of nearly 20%. However, there are concerns that expectations may be too elevated, especially with higher inventory levels observed in recent months.
Pfizer is scheduled to report earnings before the stock market opens on Tuesday, with analysts anticipating revenue growth of more than 10%. The company has a strong track record of beating earnings expectations and has attracted the attention of activist investors like Starboard Value.
Advanced Micro Devices (AMD) will report earnings after the close on Tuesday, with estimated earnings growth of 30% year over year. AMD’s investments in artificial intelligence are expected to continue driving growth as the semiconductor maker aims to outperform market expectations.
On Wednesday, Meta Platforms, formerly Facebook, is set to report earnings after the market closes. Analysts expect earnings growth of about 20% against the year-earlier period. Meta has consistently outperformed expectations in recent quarters, making it a stock to watch.
Microsoft will report earnings after the close on Wednesday, with a focus on the Azure cloud computing product. Despite beating analyst expectations, Microsoft has seen stock price declines on recent earnings days.
Thursday will see tech giants Apple and Amazon report earnings after the closing bell. Analysts expect mid-single-digit earnings and revenue growth for Apple, while Amazon is expected to report earnings growth of more than 20% year over year. Both companies have strong track records of beating earnings expectations, making their reports highly anticipated by investors.
As you navigate through this busy earnings week, keep an eye on key metrics and analyst expectations to make informed investment decisions. Stay tuned to Extreme Investor Network for in-depth analysis and expert insights to help you stay ahead in your investment journey.