www.varchev.com

The earnings season begins. Wall Street prepares for Q2 results

Rating:

12345
Loading...

This week's Q2 season begins, with the next few weeks going pretty fast, and the markets will surely "shake" at the height of the summer. The list here is with the most important and significant companies that will impress or disappoint Wall Street. Keep in mind that any forecast of results may, of course, differ significantly from official data, and companies may change the dates of their reports.

Monday

Citigroup Inc. The season begins with Citigroup and the results of the bank. According to analyzes, EPS is expected to go up to $ 1.81 and earn $ 18.49 billion. The price target for the stock is $ 80.84.

Tuesday

JPMorgan Chase & Co. will continue the series on Tuesday, with earnings per share (EPS) expectations for $ 2.50 and $ 28.91 billion profit. The price target for the stock is $ 118.80.

Wells Fargo follows, as EPS expectations are $ 1.15, and earnings expectations are $ 20.94 billion. The price target for the bank's shares is $ 51.12.

Goldman Sachs - expectations for EPS - $ 5.00, profit - $ 8.91 billion. Analysts expect stocks to rise to $ 230.95.

Johnson & Johnson's follows, with expectations for EPS of $ 2.43 and a profit of $ 20.29 billion.

United Airlines Holdings will also announce its results on Tuesday, with analysts expecting EPS of $ 4.08 and a profit of $ 11.34 billion. The price tag is $ 105.59.

Wednesday

Bank of America reports on Wednesday, with expected EPS data of $ 0.71 and a profit of $ 23.25. Investors expect the shares to rise to $ 33.13.

eBay Inc. will be included with their results, with the analysts' consensus for EPS of $ 0.62 and a profit of $ 2.67 billion. The stock price target is $ 39.99.

Netflix with caution. Expectations are for EPS of $ 0.56 and profit of $ 4.93 billion for the second quarter. Analysts expect stocks to rise to $ 391.31.

Thursday

Morgan Stanley - their reports will be posted on Thursday. Wall Street expects EPS of $ 1.16, a profit of $ 10.03 billion and a share price of $ 128.04.

Honeywell International follows, as EPS expectations are $ 2.08, and earnings are expected to be $ 9.35 billion. The stock price target is $ 181.05.

The United Health Group Inc. Expectations for EPS - $ 3.45, and for the profit - $ 60.58 billion. Market participants expect the company's shares to rise to $ 287.74.

Microsoft Crop. followed by analysts believing that the EPS will come at $ 1.21, and the profit will be $ 32.75 billion. Analysts expect the tech giant's shares to rise to $ 128.4.

Friday

Schlumberger Ltd. will present their reports on the last day of the trading week. EPS expectations for the company are $ 0.35 and earnings to $ 8.12 billion. The price target is to reach $ 50.47.

American Express Co. is the last bank to release its accounts. Expect EPS to be $ 2.03, and the company's profit is $ 10.82 billion. Shares are expected to rise to $ 128.04.

Synchrony Financial - Expectations for EPS - $ 0.95, profit - $ 4.24 billion, and the stock price target is $ 38.88.

Photo: Flickr


 Trader Martin Nikolov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy