Key earnings next week
The Q3 earnings season is leaving a busy week with key US technology earnings that have seen disappointments from Microsoft, Alphabet, Meta and Amazon. Next week is less busy, but there are still plenty of important names. Toyota and Sony are key Japanese earnings to watch on Tuesday, and on the same day in the US, we will watch AMD and Airbnb earnings. On Wednesday, European equities will watch earnings from Novo Nordisk, Maersk, and Vestas. Novo Nordisk will be judged on its obesity drug adoption rate, Maersk will have to manage a weakening outlook for container shipping, and Vestas is struggling with profitability and its order intake. On Wednesday, the US earnings focus will be on Booking as an indicator of travel demand and Fortinet in the cyber security industry. Thursday is the big day with key earnings from Orsted, BNP Paribas, BMW, ConocoPhillips, PayPal, Starbucks, Regeneron Pharmaceuticals, and MercadoLibre. Friday ends with key European banking earnings from Societe Generale and Intesa Sanpaolo.
Monday: COSCO, Daiichi Sankyo, Stryker, NXP Semiconductors, Global Payments
Tuesday: Toyota Motor, Sony, BP, Eli Lilly, Pfizer, AMD, Mondelez, Airbnb, Uber,
Wednesday: Suncor Energy, Nutrien, Novo Nordisk, Maersk, Vestas Wind Systems, GSK, Electronic Arts, Qualcomm, CVS Health, Estee Lauder, Booking, Fortinet, Ferrari, Albemarle
Thursday: Verbund, Barrick Gold, Orsted, Novozymes, BNP Paribas, BMW, Enel, ING Groep, DBS Group, ConocoPhillips, Amgen, PayPal, Starbucks, Regeneron Pharmaceuticals, EOG Resources, Moderna, MercadoLibre, Block, Cloudflare, Coinbase
Friday: Enbridge, Societe Generale, Intesa Sanpaolo, SoftBank, Amadeus IT Group, Duke Energy