Earnings week ahead: Ford, Snap upgraded ahead of reports; Disney faces challenges
Investing.com | Author Davit Kirakosyan
Published Feb 04, 2024 04:32
Investing.com — Here is your Pro preview of the upcoming major earnings reports in the week ahead: Ford, PayPal, Walt Disney , and Snap.
InvestingPro users get all market reports first. Subscribe now for up to 50% off part of our New Year's sale and never miss another market-moving headline .
Ford/h2
Ford Motor (NYSE:F) is expected to report its Q4/23 earnings on Feb 6, after the market close. Analysts forecast an EPS of $0.12 and revenues of $41.4 billion.
Earlier this month, Morgan Stanley reiterated an Overweight rating and $15.00 price target on Ford and named it their new top pick in US autos.
The firm commented:
"A major change in strategy and investor perception has gripped the global auto industry. It’s well known that EV momentum is stalling. What is less appreciated is Detroit’s response. A ‘toggle’ on capital discipline and shareholder return at Ford can put our $21 bull case in play."
Going into earnings, Ford's Financial Health on PROPICKS20242 .
Get The App
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.