Key Earnings Calls to Watch This Week
As the earnings season continues to unfold, investors and market enthusiasts are eagerly awaiting several key earnings calls this week. These calls provide valuable insights into the health of companies and can significantly impact stock prices. Let's dive into the most anticipated earnings calls and what analysts are expecting.
Tech Giants Take the Stage
The tech sector is stealing the spotlight this week, with several heavyweights set to report their quarterly earnings. On Tuesday, Alphabet Inc. (GOOGL) will release its Q2 results. Analysts expect the tech giant to report earnings per share (EPS) of $17.06 on revenue of $56.16 billion, driven by strong growth in its cloud and YouTube businesses.
Also reporting on Tuesday is Microsoft Corporation (MSFT). The software giant is expected to post EPS of $1.95 on revenue of $40.18 billion, with its Azure cloud services and productivity segment driving growth.
Social Media Platforms in Focus
Social media platforms are also under the microscope this week. Facebook, Inc. (FB) will report its Q2 earnings on Wednesday. Analysts expect the company to post EPS of $3.02 on revenue of $25.54 billion, with its core advertising business expected to remain strong despite increased competition and regulatory pressures.
Twitter, Inc. (TWTR) will also report its Q2 results on Thursday. The micro-blogging platform is expected to post EPS of $0.08 on revenue of $871.37 million, with its advertising business and subscriber growth expected to be the key drivers.
Retailers in the Spotlight
The retail sector is also set to make headlines this week. On Tuesday, Target Corporation (TGT) will report its Q2 earnings. The retailer is expected to post EPS of $2.09 on revenue of $23.99 billion, with its same-store sales growth and digital sales expected to be the key metrics to watch.
Also reporting on Tuesday is Kroger Co. (KR). The grocery chain is expected to post EPS of $0.72 on revenue of $41.54 billion, with its digital sales and customer traffic expected to be the focus.
Earnings Call Timings and Expectations
| Company | Earnings Call Date | Earnings Call Time (ET) | Expected EPS | Expected Revenue |
|---|---|---|---|---|
| Alphabet Inc. (GOOGL) | Tuesday, July 27 | 4:30 PM | $17.06 | $56.16 billion |
| Microsoft Corporation (MSFT) | Tuesday, July 27 | 5:30 PM | $1.95 | $40.18 billion |
| Facebook, Inc. (FB) | Wednesday, July 28 | 5:00 PM | $3.02 | $25.54 billion |
| Twitter, Inc. (TWTR) | Thursday, July 29 | 6:00 PM | $0.08 | $871.37 million |
| Target Corporation (TGT) | Tuesday, July 27 | 8:00 AM | $2.09 | $23.99 billion |
| Kroger Co. (KR) | Tuesday, July 27 | 10:00 AM | $0.72 | $41.54 billion |
As always, it's essential to remember that earnings calls can often bring surprises, both positive and negative. Therefore, it's crucial to stay informed and keep an eye on these key earnings calls this week. Happy investing!
