The earnings season may be winding down, but there are still some key companies slated to report. Around 30 S & P 500 stocks are scheduled to post their latest quarterly reports this week, most notably Disney. Investors will look for clues on how the entertainment giant plans to move forward amid its legal issues with the state of Florida. Other companies on deck are Electronic Arts and Occidental Petroleum. More than 80% of the S & P 500 has reported through Friday's close.
However, revenue came in lighter than forecast. This quarter: Analysts polled by Refinitiv expect flat revenue and a slight year-over-year decline for earnings per share. What CNBC is watching: The video game company's shares have lagged the S & P 500 this year, gaining 2.6% in that time. The stock is also coming off two straight losing years. However, Stifel's Drew Crum said a turnaround may be on the horizon.
Source: News Formal (newsformal.com)
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