McDonald's, Meta Platforms And 3 Stocks To Watch Heading Into Thursday
Portfolio Pulse from Lisa Levin
McDonald's, Meta Platforms, Ford Motor Company, eBay, and Bristol-Myers Squibb are the stocks to watch heading into Thursday. McDonald's and Bristol-Myers Squibb are expected to post their quarterly earnings before the opening bell. Meta Platforms and eBay reported better-than-expected Q2 results, while Ford is expected to release its earnings after the markets close.
July 27, 2023 | 7:48 am
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Bristol-Myers Squibb is expected to report quarterly earnings at $1.98 per share on revenue of $11.81 billion.
Earnings reports are a significant factor in a stock's performance. If Bristol-Myers Squibb meets or exceeds expectations, its stock price could rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ford is expected to have earned 55 cents per share on revenue of $40.38 billion for the latest quarter.
Earnings reports are a significant factor in a stock's performance. If Ford meets or exceeds expectations, its stock price could rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
McDonald's is expected to post quarterly earnings at $2.52 per share on revenue of $5.66 billion.
Earnings reports are a significant factor in a stock's performance. If McDonald's meets or exceeds expectations, its stock price could rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Meta Platforms reported better-than-expected Q2 results.
Better-than-expected earnings results often lead to a positive impact on the stock's price, as seen in the after-hours trading.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
eBay reported better-than-expected earnings for its Q2 and expects Q3 earnings per share between 96 cents and $1.01.
Despite better-than-expected earnings, eBay's stock fell in after-hours trading. This could be due to other factors such as market sentiment or future earnings guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100