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Disney leads media earnings this week as earnings season moves – Press Releases

We’re past the peak of earnings season, and about 87% of S&P 500 companies have already released their earnings results, FactSet reports.

About 75.6% of S&P 500 companies reported above-average earnings Benzinga Pro data. The Beat share drops to about 63% when all companies are included.

This shows a review of the profit development of the past week Advanced Micro Devices, Inc. AMD disappointed in his below-average sales forecast for the third quarter. Chinese e-commerce giant Alibaba Group Holding Limited BABA reported flat sales for the first time ever.

Here are the key earnings planned for the unfolding week:

Tyson Foods, Inc. TSN

  • Compensation Plan: Monday before the market opens
  • EPS estimate: $1.97 vs. $2.70 a year ago
  • Revenue (estimated: $13.24 billion vs. $12.47 billion a year ago

Tyson Foods is expected to report modest sales growth, but input cost pressures could weigh on its bottom line.

BioNTech SE BNTX

  • Compensation Plan: Monday before the market opens
  • EPS estimate: $7.36 vs. $12.97 a year ago
  • Revenue (estimated: $4.09 billion vs. $6.39 billion a year ago

Expectations are high for BioNTech, especially after its US partner Pfizer, Inc. PFE reported strong revenue from COVID vaccines in the second quarter. The US company raked in $8.5 billion from Comirnaty sales.

Palantir Technologies, Inc. PLTR

  • Compensation Plan: Monday before the market opens
  • EPS estimate: 3 cents vs. 4 cents a year ago
  • Revenue (estimated: $471.34 million vs. $376 million a year ago

Related link: Will the S&P 500 Close Higher in 2022? Here’s what analysts are predicting

Novavax, Inc. NVAX

  • Compensation Plan: Monday after close of business
  • EPS estimate: $5.5 vs. (-$4.75) a year ago
  • Revenue (estimated: $1.02 billion vs. $298 million a year ago

With COVID-19 vaccine revenue finally flowing in, Novavax is expected to report a profit, as opposed to a loss a year ago. Investors’ focus is likely to be on vaccine revenue and also…

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