With over 87% of S&P 500 companies already having beaten revenue and profit expectations, we're in for another round of Q2 corporate earnings, along with key jobs and inflation data.
Before the opening bell, BioNTech SE BNTX, Dish Network Corporation DISH, Energizer Holdings Inc ENR, Tegna Inc TGNA, and Tyson Foods TSN have kicked off the week before the opening bell.
After the bell, AMC Entertainment Holdings AMC, Cable One Inc CABO, Ethan Allen Interiors Inc ETH, Planet Fitness Inc PLNT, and SmileDirectClub Inc SDC will be taking the spotlight.
The main event will be JOLTS report revealing the number of job openings in June after it remaining flat at 9.2 million in May.
On August 8th, Aramark ARMK, Casper Sleep Inc CSRP, and Sysco Corporation SYY will report before the opening bell whereas Chesapeake Energy Corporation CHK, fuboTV Inc FUBO, McAfee Corporato and Poshmark will come to light after the bell. As for the economic data, the National Federation of Independent Business' small business optimism index, as well as labor costs and productivity for the second quarter will be revealed.
The earnings parade continues with Perrigo Company PRGO and The Wendy's Company WEN before the opening bell, whereas major names including Bumble Inc BMBL, eBay Inc EBAY, Lordstown Motors RIDE, NIO Inc NIO, and Sonos Inc SONO after the bell. Wednesday is also the day of Samsung's highly anticipated Unpacked event during which it will reveal foldable devices with the Z Flip and Galaxy Z Fold2, the third generation of its Galaxy Z series.
Wrapping up the week for earnings will be Baidu Inc BIDU, GoodRx Holdings GDRX, Palantir Technologies Inc PLTR, UTZ Brands Inc UTZ, and Wheels Up Experience Inc UP before the opening bell, while Airbnb Inc ABNB, DoorDash Inc DASH, SoFi Technologies SOFI, and Disney DIS will close out the earnings week after the bell.
The University of Michigan's consumer sentiment index will close the week, along with the distribution of the second child tax credit payment and Walt Disney DIS raising the price of its ESPN+ streaming service from $6 to $7 per month as well as from $60 to $70 per year. The economic data on import and export prices will also be provided.
This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: email@example.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: firstname.lastname@example.org
Image Sourced from Pixabay
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!