- Among the most anticipated reports is Tesla, which is set to release earnings after the market closes. Analysts expect Tesla to post earnings of $0.58 per share, down 12.1% year-over-year, with revenue projected at $25.3 billion, a 14.7% increase. Investors are closely watching Tesla’s performance amid concerns about slowing global demand and production challenges.
- Another major report today is from Coca-Cola, expected to deliver $0.75 per share in earnings. This could provide insights into consumer trends, particularly in discretionary spending, given Coca-Cola’s wide global footprint.
- AT&T is also on the radar, with expected earnings of $0.57 per share. The telecommunications giant’s results are being watched for any signs of recovery in its wireless and media segments.
- Other notable companies reporting include Boeing, which is expected to post a significant loss of -$7.87 per share, reflecting continued struggles with production and global demand. General Dynamics and Hilton are also set to report, with expectations of $3.50 and $1.85 per share in earnings, respectively, highlighting different aspects of the industrial and hospitality sectors.
The market is likely to react strongly to these earnings, especially in the context of broader concerns about global economic slowdown and rising interest rates. Investors will be particularly interested in guidance for the upcoming quarters
