Earnings Reports This Week: 4 Key Companies to Watch

Q3 Earnings Season Kicks Off This Week

The third-quarter earnings season kicks off this week with several major companies reporting their financial results. Here's a look at four companies to watch:

1. Apple (AAPL)

EPS: $1.28 (est.)
Revenue: $93.4 billion (est.)

Apple is expected to report strong earnings growth in the third quarter, driven by strong demand for its new iPhone 12 lineup. The company is also benefiting from the continued growth of its services businesses, such as the App Store and iCloud.

2. Microsoft (MSFT)

EPS: $1.97 (est.)
Revenue: $43.5 billion (est.)

Microsoft is another company that is expected to report strong earnings growth in the third quarter. The company is benefiting from the continued growth of its cloud computing business, as well as strong demand for its Surface devices.

3. Amazon (AMZN)

EPS: $0.50 (est.)
Revenue: $112.9 billion (est.)

Amazon is expected to report a loss in the third quarter, as the company continues to invest heavily in its growth initiatives. However, the company is expected to generate strong revenue growth, driven by the continued growth of its e-commerce business.

4. Alphabet (GOOGL)

EPS: $1.09 (est.)
Revenue: $56.1 billion (est.)

Alphabet is expected to report strong earnings growth in the third quarter, driven by the continued growth of its search and advertising businesses. The company is also benefiting from the growth of its cloud computing business, Google Cloud.

Key Trends to Watch

In addition to the individual company earnings reports, investors will also be watching for key trends in the overall earnings season. Some of the key trends to watch include:

• The impact of the COVID-19 pandemic: The COVID-19 pandemic has had a significant impact on the global economy, and it is expected to continue to impact earnings in the third quarter. Investors will be watching for companies' commentary on the impact of the pandemic and their outlook for the future.
• The growth of e-commerce: The e-commerce sector has been one of the few bright spots in the economy during the pandemic. Investors will be watching for companies' commentary on the growth of e-commerce and their plans to capitalize on this trend.
• The strength of the consumer: The consumer is a key driver of economic growth, and investors will be watching for companies' commentary on the strength of the consumer. Investors will also be watching for companies' plans to invest in new products and services that will appeal to consumers.

Conclusion

The third-quarter earnings season is a key event for investors, and it will provide important insights into the health of the economy and the outlook for the future. Investors should watch for companies' commentary on the impact of the COVID-19 pandemic, the growth of e-commerce, and the strength of the consumer.