Companies to Watch: Earnings Reports Before Tomorrow's Open

Several companies are set to report earnings before tomorrow's open, including AT&T, Thermo Fisher, Boston Scientific, GE Vernova, Fiserv, General Dynamics, Hilton, Teladyn, Hasbro, with earnings consensus ranging from 53c to $5.24.

Several prominent companies are set to report their earnings before tomorrow's market open, with earnings consensus ranging from 53 cents to $5.24. This includes AT&T, Thermo Fisher, Boston Scientific, GE Vernova, Fiserv, General Dynamics, Hilton, Teladyn, and Hasbro. Investors and financial professionals are closely monitoring these reports to gauge the health and future prospects of these companies.

Market Trends and Earnings Growth

The stock market has shown resilience, with Dow Jones futures, S&P 500 futures, and Nasdaq futures rising overnight following President Donald Trump's announcement of a Japan trade deal [1]. This positive momentum is further bolstered by the earnings season, which has seen encouraging forecasts. According to FactSet, 12% of S&P 500 companies have announced their quarterly earnings, with 83% reporting both positive EPS and revenue surprises. The average earnings growth in reporting companies has been 5.6%, albeit lower than previous quarters [2].

The "Magnificent 7" stocks—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla—are expected to increase their earnings by 14.1% on average for the second quarter. Leading the charge are companies such as Warner Bros. Discovery, NVIDIA, Vertex Pharmaceuticals, Microsoft, Broadcom, and Alphabet, which are expected to contribute significantly to year-over-year earnings growth [2].

Upcoming Earnings Reports

Several key companies are slated to report earnings tomorrow:
- AT&T (T): The telecommunications giant is expected to report earnings before the market opens.
- Thermo Fisher Scientific (TMO): This company focuses on life sciences, providing solutions for scientific research and healthcare.
- Boston Scientific (BSX): Specializes in medical technology and devices for treating cardiovascular, neurological, and other conditions.
- GE Vernova (GEV): GE's renewable energy division, focusing on wind and solar solutions.
- Fiserv (FISV): Provides financial services technology solutions.
- General Dynamics (GD): A diversified aerospace and defense company.
- Hilton (HLT): The hospitality industry giant.
- Teladyn (TD): A provider of remote monitoring and telehealth solutions.
- Hasbro (HAS): A toy and entertainment company.

Investors will be closely watching these earnings reports to assess the financial health and future prospects of these companies. Positive earnings surprises could drive stock prices upward, while misses could lead to significant declines.

Conclusion

The upcoming earnings season and the Japan trade deal announcement have contributed to a positive market sentiment. Investors are eager to see how these key companies perform, with earnings reports set to provide valuable insights into their financial health and future growth prospects. As always, it is essential to stay informed and make decisions based on objective data and analysis.

References
[1] https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-trump-japan-trade-deal-google-ge-vernova-earnings/?mod=newsviewer_click&refcode=aflMarketWatch&src=A00619
[2] https://www.cabotwealth.com/daily/growth-stocks/companies-expecting-strong-earnings-growth