magazine archive
magazine archive
Week Ahead
Difficult market conditions weigh on Persimmon's shares
Thursday 03 Aug 2023Given the poor performance of Persimmon’s ( PSN ) shares this year it’s fair to say investors aren’t expecting great things from the UK housebuilder when it reports first-half earnings on 10 August. In its first-quarter trading update in April, the firm was more upbeat than many had hoped, even...
This is how much Walt Disney should have made in its third quarter
Thursday 03 Aug 2023Entertainment giant Walt Disney (DIS:NYSE) is scheduled to report third quarter earnings on 9 August with analysts forecasting $22.49 billion revenue (Q3 2022: $21.5 billion) and $0.99 earnings per share (Q3 2022: $1.09). The $158 billion group, which combines content production, streaming services...
Can the new Rolls-Royce CEO back up his big rhetoric by delivering with first-half results?
Thursday 27 Jul 2023First-half results from aircraft engine maker Rolls-Royce ( RR. ) on 3 August will be an opportunity for its new boss Tufan Erginbilgic to add to this week's positive trading update that demonstrated that his tough talk around reviving the fortunes of the company is yielding early results...
Will fears over slowing orders at Caterpillar prove justified?
Thursday 27 Jul 2023US industrials outfit Caterpillar (CAT:NYSE) is a big, globally diversified business which operates across several economically sensitive markets. As such, its quarterly update on 1 August will not only be a marker for the health of the company itself but also for the wider global economy. Its core...
Can the US Domino’s Pizza business deliver after warning of a shift to cooking at home?
Thursday 20 Jul 2023The US version of pizza delivery outfit Domino’s Pizza (DPZ:NYSE) spooked investors in April when it warned of pressure on sales as hard-pressed consumers were cooking at home rather than splashing out on takeaways. Investors will be looking to see if that trend has continued when the company...
Lloyds Banking kicks off reporting season with banks’ profitability in the spotlight
Thursday 20 Jul 2023The UK banks’ first-half reporting season kicks off with Lloyds ( LLOY ) on 26 July. The industry has been under fire for being much slower to pass on the benefit of higher rates to savers than it has been to pass on higher borrowing costs to mortgage-holders and other borrowers. The Financial...
Netflix subscriber numbers in spotlight after big password sharing crackdown
Thursday 13 Jul 2023All eyes will be on global streaming platform’s Netflix (NFLX: NASDAQ) subscriber numbers when the company reports second quarter earnings on 19 July. The last set of subscriber additions, 1.75 million in the first three months of 2023, disappointed investors and caused its shares to fall 10% on...
Could property market pressures tell on Howden Joinery?
Thursday 13 Jul 2023First-half results from Howden Joinery ( HWDN ) on 20 July will reveal the impact a slowdown in the housing market is having on its trading. The trade kitchen supplier last updated in the spring, with a trading statement covering the 16-week period to 15 April. Like-for-like revenue was flat on the...
Robert Walters warning casts a big shadow over Hays’ fourth quarter update
Thursday 06 Jul 2023A big profit warning on 14 June from Hays’ ( HAS ) rival Robert Walters ( RWA ) has created nervousness ahead of the former’s fourth quarter and full-year trading update on 13 July. The recruitment space is often a bellwether for the wider economy and, with economic clouds gathering, the portents...
What to expect from PepsiCo’s second quarter earnings
Thursday 06 Jul 2023Soft drinks-to-snacks powerhouse PepsiCo (PEP:NASDAQ) has a track record of beating earnings forecasts then raising guidance. This means investors will be counting on another round of upwards earnings revisions when the company serves up second quarter results on 13 July. However, there are no...