Investors are bracing for another week in equity markets amid signs that inflation and supply chain disruptions are derailing the growth plans of some of the largest US companies. after earnings figures were either disappointed or beaten, posing a new challenge for investors in a market still struggling to find its direction. % in a single day after the company and prospects were disappointed; Shares of PayPal (NASDAQ:) also lost a quarter of its value in one session after issuing weak guidelines. On the other hand, the share of e-commerce giant Amazon (NASDAQ:) rose 13.5% on Friday. following analysts' expectations.
Amid this confusing environment for stocks, here is our list of three companies that will report their latest earnings, which could lead to significant price action in their stocks as a result.
1. Pfizer
Global health giant Pfizer (NYSE:) will report its fourth quarter results on Tuesday, Feb. 8 before market opens. Analysts expect $0.87 equity gain on $24.16 billion in revenue.
The New York City-based company closed 2021 strongly. The stock was up more than 60% as the raging pandemic boosted sales of its mRNA-based anti-COVID vaccine. With the success of Pfizer's highly effective immunization, the US and other jurisdictions also approved the company's COVID pill for emergency use, giving the pharmaceutical giant another opportunity to boost the pill, Paxlovid. a strong weapon against the virus once production kicks in, helping those at high risk of serious complications from the disease avoid hospitalization.
In November, the US government said it had ordered 10 million courses of the disease Pfizer pill at a cost of nearly $5.3 billion — about $530 per treatment. Pfizer shares closed at $53 on Thursday, down 10% so far this year.
2. Disney
The Walt Disney Company (NYSE:) reports profit for the first quarter of 2022 after the closing bell on Wednesday, February 9. Analysts expect $20.27 billion in revenue and $0.73 in earnings per share.
Disney stocks have been under selling pressure for the past year as the House of Mouse faces a number of hurdles to fully perform in the post-pandemic environment.
In November, Disney reported a smaller-than-expected increase in streaming subscribers, raising concerns that growth is slowing after a rapid two-year increase. Disney has made its streaming business the future growth engine, with a goal of adding 260 million customers by 2024. Chief Executive Officer Bob Chapek told investors in November that Disney+ won't return to faster subscriber growth until its third month. and the fourth quarter of the current fiscal year. Shares of Disney are down more than 20% in the past year, closing at $142.02 on Friday.
3. Peloton
Fitness bike maker Peloton Interactive (NASDAQ:) stock may experience frantic buying interest after the market opens Monday based on media reports released late Friday that would-be suitors, including Amazon and Nike (NYSE :), consider buying the company.
According to a report first published in the Wall Street Journal, Amazon has spoken with advisers about a potential deal that may or may not materialize. Peloton shares rose about 30% in after-hours trading on Friday following the WSJ report. the COVID-19 pandemic, which attracted subscribers stuck at home due to lockdowns. The WSJ report said, citing sources:
"Despite its woes, a link with Peloton would give Amazon or another party access to its millions of affluent users and their data, and provide a major boost to the burgeoning health and wellness technology market."
In addition to news that Peloton is becoming a potential takeover target, the New York City-based company is expected to release its final Q2 2022 fiscal results and guidance on Tuesday, Feb. 8 after the close. Earnings per share of $1.18 per share on sales of $1.16 billion are expected.
