Wall Street Watchlist: Key Earnings Releases to Watch on Tuesday
As U.S. stock futures trade in a mixed pattern on Tuesday morning, investors are eagerly awaiting the release of several key quarterly earnings reports. These reports will shed light on the financial health of these companies and potentially influence market sentiment. Here’s a look at the stocks that are expected to grab investor focus today:
Citigroup Inc. (C)
Analysts are anticipating Citigroup to report quarterly earnings of $1.31 per share on revenue of $19.84 million. The earnings release is scheduled for before the market opens. In after-hours trading, Citigroup shares saw a slight gain of 0.1%, closing at $66.10.
Bank of America Corporation (BAC)
Bank of America is projected to post quarterly earnings of 77 cents per share on revenue of $25.29 billion. Similar to Citigroup, the earnings release is expected before the market opens. Bank of America shares rose 0.4% to $42.06 in after-hours trading.
The Goldman Sachs Group, Inc. (GS)
Analysts are forecasting that The Goldman Sachs Group will report quarterly earnings of $7.03 per share on revenue of $11.87 billion. The earnings release is scheduled before the market opens. Goldman Sachs shares saw a modest gain of 0.2%, closing at $523.90 in after-hours trading.
Walgreens Boots Alliance, Inc. (WBA)
Walgreens Boots Alliance is expected to report quarterly earnings of 36 cents per share on revenue of $35.76 billion, with the release anticipated before the market opens. However, Walgreens shares closed down 2.3% on Monday, ending the day at $9.00.
UnitedHealth Group Incorporated (UNH)
UnitedHealth Group is projected to post quarterly earnings of $7.00 per share on revenue of $99.28 billion. The earnings release is scheduled for before the market opens. UnitedHealth shares saw a slight gain of 0.3% in after-hours trading, closing at $607.20.
Investor Focus on Key Earnings
These earnings releases are likely to be closely scrutinized by investors as they provide valuable insights into the performance of these companies and the overall health of the financial sector. The results could potentially impact the direction of the broader market in the coming days. Investors will be keen to analyze the companies’ revenue growth, earnings per share, and any guidance provided for the future.