News Digest / Latest Stock Market News / Earnings Alert: Major Companies Set to Reveal Q3 Results on November 5, 2024

Earnings Alert: Major Companies Set to Reveal Q3 Results on November 5, 2024

Alex Vellor
05:35am, Tuesday, Nov 05, 2024
Photo by Joey Banks on Unsplash

Below is a detailed table of the upcoming earnings announcements scheduled for today:

Date Company Ticker When Exchange Market Cap (B) Consensus EPS Earnings Date Ending Fiscal Quarter
Nov 05, 2024 Ferrari NV RACE BMO NYSE 85.701 2.36 2024-11-05 Sep, 2024
Nov 05, 2024 Apollo Global Management, Inc. APO-PA BMO NYSE 82.235 N/A 2024-11-05 Sep, 2024
Nov 05, 2024 Apollo Global Management LLC APO BMO NYSE 80.304 1.72 2024-11-05 Sep, 2024
Nov 05, 2024 Thomson Reuters Corp TRI BMO NYSE 74.104 0.77 2024-11-05 Sep, 2024
Nov 05, 2024 Emerson Electric Company EMR BMO NYSE 62.115 1.47 2024-11-05 Sep, 2024
Nov 05, 2024 Marathon Oil Corporation MPC BMO NYSE 47.903 0.98 2024-11-05 Sep, 2024
Nov 05, 2024 Coupang, Inc. CPNG AMC NYSE 45.56 0.01 2024-11-05 Sep, 2024
Nov 05, 2024 MPLX LP MPLX BMO NYSE 45.12 1.04 2024-11-05 Sep, 2024
Nov 05, 2024 Cummins Inc CMI BMO NYSE 45.022 4.8 2024-11-05 Sep, 2024
Nov 05, 2024 Microchip Technology Incorporated MCHP AMC NASDAQ 40.136 0.43 2024-11-05 Sep, 2024

Key Highlights:

1. Ferrari NV (RACE) - The luxury automotive manufacturer is expected to report strong earnings driven by high demand for its vehicles. Analysts project an EPS of $2.36.

2. Apollo Global Management (APO) - With a projected EPS of $1.72, Apollo’s earnings will be closely watched for insights into the private equity sector's performance amidst changing interest rates.

3. Thomson Reuters Corp (TRI) - Analysts expect the multinational media company to report an EPS of $0.77. The focus will be on its digital services growth.

4. Emerson Electric Company (EMR) - The industrial technology and engineering company has a consensus EPS estimation of $1.47. Look for comments on its transition strategy and sustainability initiatives.

5. Marathon Oil Corporation (MPC) - This energy company has an estimated EPS of $0.98 amid fluctuating oil prices; market reaction will hinge on their outlook for oil production and pricing.

6. Coupang, Inc. (CPNG) - The South Korean e-commerce giant has a lower EPS estimate of $0.01, reflecting challenges in the online retail sector.

7. MPLX LP (MPLX) - The midstream oil and gas company is projected to report an EPS of $1.04. Investors will be interested in its distribution growth.

8. Cummins Inc (CMI) - With an impressive consensus EPS of $4.8, Cummins’ earnings will provide a key indicator for the automotive and construction equipment markets.

9. Microchip Technology Incorporated (MCHP) - The semiconductor manufacturer is estimated to report an EPS of $0.43 amid ongoing demand for chips across various industries.

About The Author

Alex Vellor

Trusted Broker
Start Your Journey With:
eToro
0% Commission Stock Trading
Follow Other Investors Strategy
Wide variety: Crypto, stocks, ETFs

Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.