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Earnings Reports (08/29/2022 – 09/01/2022)
*dates subject to change*
Earnings Reports (08/29/2022 – 09/01/2022)
Earnings Preview:
Markets were choppy with the indices recording a small decline by the end of the week.
Some earnings highlights included Snowflake and Nordstrom, who both reported earnings but the former had a better reaction from investors due to amazing growth.
The Fed’s address at Jackson Hole dominated the movement of the markets for the whole week, with anticipation playing a major role. Other data like business activity was also released, which came out negative and sent stocks down.
Overall, U.S. stocks have stayed negative as investors are navigating the world of interest rates. Going forward, investors should monitor company earnings and more economic data which will help build the Fed’s thesis for the September meeting.
Here are the companies from this week’s expected earnings:
- Pinduoduo ADR – 08/29 (#pdd-adr)
- Best Buy – 08/30 (#bestbuy)
- Baidu Inc. – 08/30 (#baidu)
- Hormel – 09/01 (#hormel)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!