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Notable stock earnings today include 3M Co (MMM), Allergan plc (AGN), Amgen Inc (AMGN), KLA Corp (KLAC), Xerox Corp (XRX), and D.R. Horton Inc (DHI). All these stocks can move significantly upon the release of their earnings. Stocks to buy or sell? We have a stock market newsletter.
We are again in the stock earnings period, and stock earnings calendar are set to add volatility in the stock market. Notable earnings today are:
“At least one beneficiary has emerged from Boeing’s ongoing mess with its flagship plane. Airline giant Delta (DAL) posted fourth quarter profits that beat Wall Street’s estimates — citing an influx of customers that fled rivals because of canceled flights stemming from the 737 MAX’s grounding. The stock surged over 4% in pre-market action from Monday’s close.”
“JPMorgan shares rise after big Q4 earnings beat
Shares of JPMorgan Chase (JPM) jumped more than 1.5% in early trading after the largest U.S. bank by assets reported much stronger than expected fourth-quarter results.
Here were the key figures versus the expectations, according to analysts polled by Bloomberg.
Revenue (adjusted): $29.2 billion vs $27.9 billion expected.
Earnings per share (adjusted): $2.57 vs $2.36 per share expected
CEO Jamie Dimon highlighted a more constructive geopolitical and macroeconomic backdrop as helping buoy the bank to record revenue and net income in the fourth quarter.”
Source: https://finance.yahoo.com/news/stock-market-news-live-updates-january-14-2020-123900913.html
Stock futures today point to a flat open, as earnings kick off, and can move the stock market, and stocks that miss or beat earnings expectations. We will monitor S&P 500 earnings calendar and earnings reports to watch this week.