AstraZeneca stock rises to kick off a busy earnings week

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

AstraZeneca and Nucor report earnings on Monday, kicking off a busy week that will see results from major companies including SK Hynix, Visa, Coca-Cola, Boeing, Ford, ExxonMobil, and Chevron. The main focus will be on Big Tech earnings on Wednesday and Thursday, with Microsoft, Meta Platforms, Apple, and Amazon following last week's reports from Alphabet and Tesla that sent the tech sector into a tailspin. Analysts estimate the S&P 500's year-over-year earnings growth rate for the second quarter will be 23.2%, above the five-year average of 16.4% and the 10-year average of 10.3%, according to FactSet data. If that holds, it will mark the second consecutive quarter of earnings growth above 20% for the index and the seventh straight quarter of double-digit growth.

Impact on stocks 16

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Nucor Corp
NUE
▲ PositiveCapitalrelevance

Nucor reports earnings on Monday, and the article notes strong expected S&P 500 earnings growth, which could be positive for Nucor if it meets expectations.

Biotech & Genomic Medicine▲ · 1 stocks
AstraZeneca PLC
AZN
▲ PositiveCapitalrelevance

AstraZeneca reports earnings on Monday, kicking off a busy earnings week; stock rises.

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