Latest Articles
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Higher HTU Sales To Drive Philip Morris’ Q2?
Philip Morris (NYSE: PM) is scheduled to report its Q2 2024 results on Tuesday, July 23. We expect the company to post revenue and earnings marginally below the consensus estimates. We expect the company to garner $9.1 billion in sales and $1.5...
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Here’s What To Anticipate From Lockheed Martin’s Q2?
Lockheed Martin (NYSE: LMT) will report its Q2 2024 results on Tuesday, July 23. We expect it to post revenue and earnings largely aligning with the street expectations. The company will likely benefit from a robust demand environment amid ongo...
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What To Expect From Coca-Cola’s Q2?
Coca-Cola (NYSE: KO) will report its Q2 2024 results on Tuesday, July 23. We expect the company’s revenues to come in at $11.8 billion, marginally above the consensus estimate of $11.75 billion. This would mark year-over-year growth of about 0....
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Travelers Stock Was Down 8% In A Day. Why?
Travelers’ stock (NYSE: TRV) dropped 8% on 19th July (Friday) vs a nearly 1% rise in the S&P500 index. In comparison, Travelers’ peer, Hartford Financial (NYSE: HIG), was down 4% on the 19th. Travelers’ price fell after TRV announc...
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Should You Pick Johnson & Johnson Stock At $155 After Q2 Beat?
Johnson & Johnson (NYSE: JNJ) recently reported its Q2 results, with revenues aligning and earnings exceeding our estimates . The company reported revenue of $22.4 billion and adjusted earnings of $2.82 per share, compared to our estimate...
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Down 12% This Year, What’s Happening With McDonald’s Stock?
After a 12% decline year-to-date, at the current price of around $260 per share, we believe McDonald’s (NYSE: MCD) , the world’s largest restaurant chain, consisting of more than 40,000 mostly franchised stores – has likely lim...
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Should You Pick Roche Stock Around $40 After Positive Data For Its Obesity Drugs?
The stock price of Roche (OTCMKTS: RHHBY) is up 10% in a week, compared to around a 10% fall for its peer Eli Lilly stock (NYSE: LLY) over this period. The rise in Roche stock in recent days can primarily be attributed to the positive data for ...
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Discover Financial Stock Topped The Estimates In Q2, Where Is It Headed?
Discover Financial stock (NYSE: DFS) has gained 26% YTD, as compared to the 17% rise in the S&P500 over the same period. In sharp contrast, Discover Financial’s peer Capital One (NYSE: COF) is up 15% YTD. Overall, at its current...
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Will Apple’s Q3 Results Get An AI Bump?
Apple (NASDAQ:AAPL) is expected to publish its Q3 FY’24 results on August 1, reporting on a quarter that is likely to see the company’s business improve, driven by higher Mac, services, and iPhone sales. We expect revenue to come in a...
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Will Newmont’s Q2 Results Shine On Strong Gold Pricing?
Newmont Corporation (NYSE: NEM), one of the world’s largest gold miners, is expected to publish its Q2 2024 results on July 25, reporting on a quarter that saw strong gold prices. We expect revenue to come in at close to $5.70 billion for ...
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Up 25% This Year, Will The Solid Q2 Performance Help Intuitive Surgical Stock Extend Its Winning Streak?
Intuitive Surgical (NASDAQ: ISRG) recently reported its Q2 results, with revenues matching and earnings exceeding our estimates . The company reported revenue of $2.0 billion and adjusted earnings of $1.78 per share, compared to our estimates o...
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Will Delta Air Lines Stock See Higher Levels After An Upbeat Q2?
Delta (NYSE: DAL) reported its Q2 results last week, with revenues aligning and earnings exceeding our estimates . The company reported adjusted revenue of $15.45 billion and earnings of $2.36 on a per share and adjusted basis, compared to our ...
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Should You Pick UnitedHealth Stock At $575 After A Q2 Beat?
UnitedHealth Group (NYSE: UNH) recently reported its Q2 results, with revenues slightly below and earnings exceeding our expectations . The company reported revenue of $98.6 billion and adjusted earnings of $6.80 per share, compared to our esti...
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State Street Stock Outperformed The Consensus In Q2, What’s Next?
State Street’s stock (NYSE: STT) has gained 10% YTD, as compared to the 17% rise in the S&P500 over the same period. Notably, State Street’s peer BNY Mellon’s stock (NYSE: BK) is up 12% YTD. Overall, STT stock is currently trading at $8...
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With Analog Market Seeing A Lull, What To Expect From Texas Instruments Q2 Earnings?
Texas Instruments (NASDAQ:TXN) is poised to report its Q2 results next week. We expect the company’s revenues for the quarter to decline by about 15% year-over-year to $3.84 billion, slightly ahead of estimates, while earnings are likely to...
