Earnings Reports Due Jan. 26
Recent companies that have released earnings have had a rough time, to say the least. Apple released a few days ago, and although the tech giant came up short of expectations, much of the fundamental numbers were fairly good. Although profits were up, the company’s stock was punished throughout the week, losing over $30 per share. Intel recently reported and was hammered as well.
This coming Monday, some of Wall Street’s biggest names will report, and what they say may set the tone for the week. Here’s what to look for:
American Express is expected by analysts to announce $.71 earnings per share.
Halliburton is expected to announce $.69 EPS.
Analysts are looking for McDonald’s to announce $.71 EPS.
Verizon is expected to have an EPS of $.62.
These companies represent various sectors of the market, so investors will be watching carefully in order to judge the relative health of the economy.
