Latest Articles
-
With The Stock Almost Flat This Year, Will Q2 Results Drive Halliburton’s Stock Higher?
Halliburton stock (NYSE: HAL), an energy company organized into the exploration, development, and production of oil and natural gas, is scheduled to report its fiscal second-quarter results on Friday, July 19. We expect HAL’s stock to trad...
-
Down 6% This Year, Will SLB Stock Recover Following Q2 Results?
SLB’s stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas companies in the U.S. and abroad, is scheduled to report its fis...
-
AI And Auto Business In Focus As Qualcomm Publishes Q3 Earnings
Mobile chipset major Qualcomm (NASDAQ: QCOM) is poised to publish its Q3 FY’24 results later this month. The stock has risen by a solid 45% year-to-date, outperforming semiconductor peer Intel (NASDAQ:INTC), which has plummeted by about ...
-
Down 7% This Year Will Abbott Stock See Higher Levels Post Q2 Results?
Abbott (NYSE: ABT) will report its Q2 2024 results on Thursday, July 18. We expect the company to post revenue of $10.3 billion and earnings of $1.10 on a per share and adjusted basis, broadly aligning with the street expectations. We expect a ...
-
Here’s What To Expect From American Airlines’ Q2
American Airlines (NASDAQ: AAL) will report its Q2 2024 results on Thursday, July 25. We expect the company’s revenues to come in at $14.5 billion, slightly above the consensus estimate of $14.4 billion. This would mark year-over-year gro...
-
American Express Stock Is Up 33% YTD, What To Expect From Q2 Earnings?
American Express (NYSE: AXP) stock gained 33% YTD, as compared to the 19% rise in the S&P500 index. In sharp contrast, American Express’ peer Capital One (NYSE: COF) is up 15% YTD. Overall, AXP is scheduled to report its fiscal Q2 2024 r...
-
Is Chevron A Better Integrated Oil Major Pick Over Exxon Mobil?
We believe that Chevron Corporation (NYSE: CVX) is a better pick than its industry peer – Exxon Mobil (NYSE: XOM) . CVX stock trades at a slightly higher multiple of 1.5x sales, versus almost 1.3x revenues for XOM – and we think this valu...
-
What To Expect From Textron’s Q2?
Textron stock (NYSE: TXT) will report its Q2 2024 results on Thursday, July 18. We expect TXT stock to trade sideways post-Q2, with its revenue and earnings expected to align with the street estimates. The company will likely continue to benefi...
-
What’s Next For PepsiCo Stock After A Mixed Q2?
PepsiCo (NYSE: PEP) recently reported its Q2 results, with revenues missing and earnings exceeding our estimates . The company reported revenue of $22.5 billion and adjusted earnings of $2.28 per share, compared to our estimates of $22.8 billio...
-
da Vinci 5 In Focus As Intuitive Surgical Reports Its Q2
Intuitive Surgical (NASDAQ: ISRG) will report its Q2 2024 results on Thursday, July 18. We expect the company’s revenues to come in at $2 billion and adjusted earnings to be $1.55 per share, broadly aligning with the consensus estimate. The com...
-
Discover Financial Stock Is Beating S&P500 In YTD Returns, What To Expect From Q2 Results?
Discover Financial (NYSE: DFS) stock gained 22% YTD, as compared to the 18% rise in the S&P500 index. Notably, Discover Financial’s peer American Express (NYSE: AXP) is up 30% YTD. Overall, DFS is scheduled to report its fiscal Q2 2...
-
Net Interest Income Down 9% In Q2, What To Expect From Wells Fargo Stock?
Wells Fargo’s stock (NYSE: WFC) has lost 17% YTD, as compared to the 18% rise in the S&P500 index over the same period. In sharp contrast, Wells Fargo’s peer, Bank of America (NYSE: BAC), is up 25% YTD. Overall, at its current price of $...
-
What’s Happening With Alibaba Stock?
Chinese e-commerce and cloud behemoth Alibaba stock (NYSE:BABA) has been a weak performer this year, rising by just about 1% since early January. In comparison, its U.S.-based peer Amazon (NASDAQ:AMZN) has gained a solid 27% over the same period...
-
Here’s What To Expect From AT&T’s Q2 Earnings
AT&T stock (NYSE:T) is poised to report its Q2 2024 earnings on July 24. The stock has fared reasonably well this year, rising by about 11% since early January. In comparison, rival Verizon (NYSE:VZ) has seen its stock rise 8% over the same p...
-
Rising Plan Rates Will Drive T-Mobile’s Q2 Results
T-Mobile (NASDAQ:TMUS) is expected to publish its Q2 2024 results toward the end of July. Now T-Mobile stock has fared reasonably well rising by about 12% year-to-date, marginally outperforming Verizon (NYSE:VZ) stock which gained about 10% over ...
