The first full week of the Wall Street earnings season for Q3 2023 has just begun. The schedule is still dominated by financial institutions, as it was the case in the previous week, but earnings stream will get much more diverse this week.
5 Dow Jones members will report this week - Johnson & Johnson (JNJ.US), Goldman Sachs (GS.US), Procter & Gamble (PG.US), Travelers (TRV.US) and American Express (AXP.US) - representing around 18% of index weight. On top of that, investors will be offered reports from other such well-known companies like Tesla (TSLA.US) or Netflix (NFLX.US).
Schedule of this week's top US earnings reports can be found below.
Top Wall Street earnings reports this week. Source: Bloomberg, XTB Research
Microsoft: Hedge Fund Sharply Cuts Position and Warns About AI Risks
Cloudflare: strong results, weak outlook, and a painful market reaction
US Open: Earnings season and strong NFP report drive Wall Street higher!
CoreWeave results: Expansion without profit and without direction