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Market expects big companies to report this week

18 October 2021
2896
2 min.
29
Market expects big companies to report this week

Schedule for the week

Shares of Tesla, Intel, Netflix, IBM and Johnson & Johnson could change this week, influenced by the release of Q3 earnings and revenue reports.

It will be a busy week in the US stock market as 72 component companies of the S&P 500 will report their quarterly financial results.

Last week reports from the biggest US banks came out, which showed higher values than the average expected by Wall Street analysts. This indicates a continued recovery in the US economy and financial market activity.

Monday

Today the Federal Reserve (Fed) will release data on industrial production for September total factory output, energy and gas production.

The capacity utilisation rate for September is expected to be 76.5%, roughly the same as 76.4% in August.

The quarterly financial results will be released by Albertsons, where Vivek Sankaran is CEO, Philips, Steel Dynamics, where Mark D. Millett, and State Street, where Ron O'Hanley is CEO.

Tuesday

Netflix (NFLX) will release its financial report on Tuesday. Johnson & Johnson (JNJ), Procter & Gamble (PG) and Interactive Brokers Group (IBKR) will also report their quarterly profits and earnings. Moreover, Philip Morris, where Jacek Olczak is CEO, will also release a quarterly report.

The Census Bureau will release data on new construction in September.

Wednesday

Some of the most anticipated events this week will be reports from Tesla (TSLA), IBM (IBM) and Verizon Communications (VZ).

The Fed will release its report on current US economic conditions, known as the Beige Book.

Thursday

On Thursday, investors in Intel (INTC), Snap (SNAP), AT&T (T), Southwest Airlines (LUV) and American Airlines (AAL) will be able to read their quarterly results.

An important economic index, the US index of leading economic indicators the Conference Board report for September will be published. A rise of 0.50% is expected after a rise of 0.90% in August.

Friday

IHS Markit will publish its assessment of changes in the US manufacturing and service sector business activity (PMI) indices for October. The forecast for the manufacturing PMI is 60.3, while the service sector PMI is expected to be 54.7, up from 60.7 and 54.9 respectively in September. The quarterly reports will be released by: Oppenheimer, where Chairman is Albert G. Lowenthal, Whirlpool, Honeywell, HCA Healthcare. Also, American Express (AXP) will publish a quarterly report.

Persons5 and Companies24 in the news

Chief Executive Officer of Philip Morris International
1 place
Chief Executive Officer of State Street Corporation
2 place
Chief Executive Officer of Steel Dynamics
3 place
Chief Executive Officer of Albertsons
4 place
Chief Executive Officer of Oppenheimer Holdings
5 place
Steel Dynamics
4 place
Albertsons
5 place
Whirlpool
7 place
IHS Markit
12 place
Snap
13 place
AT&T
14 place
American Express
16 place
Netflix
17 place
Tesla
18 place
Procter & Gamble
20 place
HCA Healthcare
21 place
Intel
22 place
Honeywell
24 place
Section:

Discussion

Rating companies
Nasdaq
173 Mention
Dow Jones
130 Mention
Apple
57 Mention
Tesla
52 Mention
Facebook
45 Mention
Amazon
44 Mention
Twitter
35 Mention

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