Exxon, Chevron, AbbVie earnings and consumer sentiment data due Friday

EarningsMacro

โดย Yahoo Finance·Read original

Summary · why it matters

Investors are watching for earnings reports from Exxon, Chevron, and AbbVie on Friday, July 31, along with the latest consumer sentiment reading. Analysts expect higher oil prices to support Exxon's results amid Middle East tensions, and will listen for signals on whether current market conditions persist through the second half. Chevron also reports quarterly results Friday morning, with expectations of stronger profits driven by higher commodity prices and commentary on its long-term outlook. AbbVie is anticipated to deliver another solid quarter led by new drug development, with focus on updated guidance and its product pipeline. Meanwhile, economists forecast the consumer sentiment index to edge lower, offering insight into Americans' economic views.

Chevron Corp ▲

Exxon Mobil Corp ▲

Impact on stocks 3

Biotech & Genomic Medicine▲ · 1 stocks

▲ PositiveTechnologyrelevance

AbbVie is anticipated to deliver another solid quarter led by new drug development, with focus on updated guidance and its product pipeline.

Energy▲ · 1 stocks

▲ PositiveSupplyrelevance

Chevron expected stronger profits driven by higher commodity prices, supported by Middle East tensions affecting oil supply.

Energy Transition & Power Demand▲ · 1 stocks

Exxon Mobil Corp

▲ PositiveSupplyrelevance

Exxon expected higher oil prices to support results amid Middle East tensions.