Honeywell, Alphabet, and Tesla Stocks to Watch on Thursday

U.S. stock futures trade mixed on Thursday, with Honeywell International expected to report Q2 earnings of $2.65 per share, Alphabet's Q2 revenue beating estimates at $96.43 billion, American Airlines expected to report Q2 earnings of 77 cents per share, and Tesla's Q2 revenue down 12% YoY at $22.5 billion. Intel is expected to post Q2 earnings of 1 cent per share.

Title: Mixed Market Sentiment as Earnings Season Kicks Off

U.S. stock futures traded mixed on Thursday, with several key companies set to report their second-quarter earnings. Honeywell International Inc. (HON) is expected to release its Q2 results on July 24, with analysts forecasting earnings of $2.65 per share, up 6% year-over-year [1]. The company has delivered better-than-expected results in the past four quarters, with an average earnings surprise of 6.6%. Strong momentum in the commercial aviation aftermarket and stable defense spending are likely to bolster Honeywell’s performance.

Alphabet Inc. (GOOG, GOOGL), the parent company of Google, reported its Q2 earnings on Wednesday, exceeding expectations with a 14% revenue increase to $96.4 billion. The company’s adjusted earnings per share (EPS) of $2.31 beat analyst estimates by $0.07. Alphabet attributed its strong performance to growth in advertising and cloud businesses, and it is investing heavily in AI infrastructure, with capital expenditures projected to rise to $85 billion [2, 3].

American Airlines (AAL) is expected to report Q2 earnings of 77 cents per share, while Tesla (TSLA) saw a 12% year-over-year (YoY) decline in Q2 revenue to $22.5 billion. Intel (INTC) is anticipated to post Q2 earnings of 1 cent per share, highlighting the varied performance across sectors as the earnings season continues.

These earnings reports come as the market remains sensitive to geopolitical tensions and economic uncertainties. Investors will closely monitor the results to gauge the resilience of these companies and their ability to navigate the current business environment.

References:
[1] https://www.tradingview.com/news/zacks:f18da39ce094b:0-honeywell-gears-up-to-report-q2-earnings-is-a-beat-in-store/
[2] https://finance.yahoo.com/news/google-beats-on-q2-earnings-raises-capex-expeditures-200717434.html
[3] https://economictimes.indiatimes.com/news/international/us/alphabet-tops-q2-estimates-with-14-percent-revenue-jump-as-ai-ambitions-and-legal-challenges-define-future/articleshow/122867543.cms