Meta, Tesla and Netflix Lead Wall Street’s Earnings Calendar
Investors will weigh results from major technology companies after last week’s sharp selloff, alongside reports from aerospace and consumer firms.
Key takeaways
- Netflix is expected to report $0.82 in earnings per share on Tuesday.
- Analysts expect Meta and Tesla earnings per share to fall from a year earlier.
- American Express is scheduled to report on Friday, with a $4.47 earnings-per-share estimate.
US companies are due to report results during the Oct. 19-23 week, with Meta Platforms, Tesla, Netflix and SpaceX among the companies drawing attention. Their reports follow sharp selling in technology and artificial intelligence shares last week.
Netflix is scheduled to report Tuesday, with results expected around 23:01 Turkey time. Market expectations put earnings at $0.82 per share, up from $0.59 in the same period last year.
Also on Tuesday, estimates call for earnings of $2.02 per share at GE Aerospace, $1.78 at RTX, $3.52 at General Motors and $7.22 at Northrop Grumman.
Meta and Tesla are due to report Wednesday. Analysts expect Meta to post $6.67 per share, compared with $7.25 a year earlier, and Tesla to report $0.21, down from $0.37. Texas Instruments and IBM are also scheduled to report after the US market closes, with estimates of $2.39 and $2.87 per share, respectively.
Thursday’s reports include Lockheed Martin, Procter & Gamble and Spotify. Their earnings-per-share estimates are $7.49, $1.89 and $3.12, respectively. American Express closes the week on Friday, with expectations of $4.47 per share, compared with $4.14 a year earlier.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
