Most Anticipated Earnings This Week
Netflix (NFLX)
Netflix is scheduled to report earnings on Tuesday, July 19. The company is expected to report earnings per share (EPS) of $2.97 on revenue of $8.03 billion. Netflix has been a major beneficiary of the stay-at-home economy during the pandemic, and its stock price has soared over the past year.
However, Netflix faces increasing competition from other streaming services, such as Disney+ and HBO Max. The company also faces challenges in international markets, where it has struggled to gain traction in some countries.
Tesla (TSLA)
Tesla is scheduled to report earnings on Wednesday, July 21. The company is expected to report EPS of $1.03 on revenue of $11.54 billion. Tesla has been a major disruptor in the automotive industry, and its stock price has skyrocketed in recent years.
However, Tesla faces challenges in ramping up production of its new Model 3 and Model Y vehicles. The company also faces regulatory challenges in some markets, where it has been accused of violating safety and environmental regulations.
Apple (AAPL)
Apple is scheduled to report earnings on Thursday, July 22. The company is expected to report EPS of $1.00 on revenue of $84.85 billion. Apple is the world's largest technology company, and its products are used by billions of people around the globe.
Apple faces challenges in keeping up with the demand for its products, and the company has been criticized for its reliance on China for manufacturing. However, Apple remains a dominant force in the tech industry, and its stock price is near all-time highs.