The busiest week of earnings has handed, however there are nonetheless dozens of key stories nonetheless to return that would shake up Wall Avenue. About 120 S & P 500 corporations are scheduled to put up their newest earnings. Amongst them are Disney , Superior Micro Units and Dow Jones Industrial Common member Pfizer . These come after traders final week bought quarterly stories from megacap names together with Microsoft , Apple , Amazon and Meta Platforms . Roughly two-thirds of the businesses within the S & P 500 index have posted quarterly outcomes, with greater than 82% exceeding earnings expectations, in keeping with FactSet. Check out CNBC Professional’s breakdown of what to anticipate on this week’s key stories. All occasions are ET. Tuesday Pfizer is ready to report earnings earlier than the bell. A name is scheduled for 10 a.m. Final quarter: PFE topped expectations because it expanded cost-cutting efforts . This quarter: Analysts count on the pharmaceutical large to report a slight year-over-year earnings decline, in keeping with LSEG. What to observe: Buyers will search for steerage round President Donald Trump’s push to decrease drug costs — and the way that would have an effect on Pfizer’s future earnings. The earnings name will possible deal with “RFK Jr and doable dangers to vaccines; [and] weight problems franchise aspirations and/or different early pipeline alternatives like PFE’s next-gen PCV vaccines,” BofA analyst Tim Anderson stated final month, referring to the Secretary of Well being and Human Companies. What historical past reveals: Pfizer has a robust monitor file of exceeding earnings estimates, with the corporate’s backside line beating expectations 87% of the time, in keeping with Bespoke Funding Group. AMD is ready to report earnings after the shut, adopted by a convention name at 5 p.m. Final quarter: AMD beat on earnings however stated it might take a $1.5 billion income hit attributable to restrictions on gross sales of chips to China. This quarter: Analysts polled by LSEG count on a blended quarter, with earnings forecast to have dropped practically 30% 12 months over 12 months, whereas income is anticipated to have grown greater than 25%. What to observe: “We see an upside bias for FQ2 (June) outcomes pushed by each PC and server” demand, wrote UBS analyst Tim Arcuri on July 28, who charges AMD a purchase. “Buyers ought to, nevertheless, not count on any quantitative information heart GPU commentary for subsequent 12 months as it’s most likely nonetheless too early for AMD to speak about subsequent 12 months apart from to say that it feels excellent about progress,” he added, referring to graphics processing items. What historical past reveals: AMD has fallen after two of the final three earnings releases, together with a 6.3% slide after This autumn outcomes got here out and an 11% stoop following blended Q3 figures. Tremendous Micro Pc is ready to report earnings postmarket. Administration’s convention name with analysts and institutional traders is slated for five p.m. Final quarter: SMCI issued weak steerage, citing ” financial uncertainty and tariff impacts .” This quarter: The info heart firm is predicted to put up a steep, year-over-year decline in earnings, LSEG information reveals. What to observe: JPMorgan analyst Samik Chatterjee positioned SMCI on “damaging catalyst watch” forward of those forthcoming earnings, noting “upside in relation to AI demand drivers is prone to be offset by margin pressures stemming from an more and more aggressive panorama, driving draw back to the premium valuation a number of SMCI shares are at present buying and selling at.” What historical past reveals: In accordance with Bespoke, Tremendous Micro solely beats earnings estimates 64% of the time. Nonetheless, the inventory averages a 2.3% advance when the corporate stories its newest financials. Wednesday Disney is ready to report earnings earlier than the bell, adopted by a name at 8:30 a.m. Final quarter: DIS climbed on a shock uptick in streaming subscribers . This quarter: Analysts anticipate the theme park and media large will report year-over-year earnings progress of about 7%, per LSEG. What to observe: Disney shares have struggled lately, dropping greater than 5% previously month, whereas the S & P 500 is up barely. Can this report put the Home of Mouse again on monitor? What historical past reveals: Disney earnings have topped earnings expectations in seven of the final eight quarters, per Bespoke. Thursday Eli Lilly is ready to report earnings premarket, with a name slated for 8:30 a.m. Final quarter: LLY posted a forty five% gross sales surge on robust demand for weight reduction medication. This quarter: Analysts polled by LSEG count on the Indianapolis-based drugmaker to disclose earnings progress of round 40%. What to observe: Buyers will search for continued momentum out of Eli Lilly’s Mounjaro weight reduction drug. Final week, Lilly stated Mounjaro has proven comparable coronary heart well being advantages in a head-to-head trial with diabetes drug Trulicity, additionally made by Lilly. What historical past reveals: Bespoke information reveals Lilly beats Wall Avenue expectations 66% of the time. Nonetheless, the inventory does not carry out properly on earnings days, averaging a 0.2% decline.
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