Apple, Honeywell International, and other major companies are set to release their quarterly earnings, and investors are keeping a close eye on their performance. With U.S. stock futures trading higher on Thursday morning, the market is abuzz with expectations for the day ahead.
Apple Inc. (AAPL) is expected to report quarterly earnings at $2.10 per share on revenue of $117.91 billion after the closing bell. The tech giant’s shares rose 0.7% to $185.68 in after-hours trading, indicating positive sentiment among investors.
QUALCOMM Incorporated (QCOM) has already reported better-than-expected first-quarter financial results, with the company forecasting second-quarter revenue in the range of $8.9 billion to $9.7 billion and earnings between $2.20 to $2.40 per share. Despite this positive news, Qualcomm shares fell 0.2% to $148.25 in after-hours trading.
Honeywell International Inc. (HON) is anticipated to earn $2.59 per share on revenue of $9.70 billion for the latest quarter. The company’s earnings report is scheduled before the markets open, and Honeywell shares rose 0.2% to $202.59 in after-hours trading.
On the other hand, C.H. Robinson Worldwide, Inc. (CHRW) posted downbeat results for its fourth quarter, leading to a 4.3% drop in the company’s shares to $80.49 in after-hours trading.
Amazon.com, Inc. (AMZN) is set to release its quarterly earnings, with analysts expecting earnings at 80 cents per share on revenue of $166.21 billion after the closing bell. Amazon shares rose 0.6% to $156.10 in after-hours trading, reflecting positive investor sentiment ahead of the earnings report.
As the market gears up for these key earnings releases, investors are closely monitoring the performance of these major companies, which could have a significant impact on market sentiment and trading activity for the day.
