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Earnings Preview: Union Pacific, AT&T, ADP, and Lam Research in Focus

  • July 23rd, 2023
  • 241 views

On Wednesday, July 26, several companies are expected to release their financial results, including

Union Pacific Corporation (NYSE: UNP), a leading railroad company, will announce its second quarter 2023 financial and operating results before the market opens. 

Analysts project an earnings per share (EPS) of $2.75 on revenue of $6.12 billion. 

On Friday, $UNP closed unchanged at $216.78.

AT&T Inc. (NYSE: T), a prominent telecommunications company, is set to release its second-quarter 2023 results before the New York Stock Exchange opens. 

The consensus EPS estimate is $0.60 on revenue of $29.94 billion. 

$T closed at $14.76 on Friday, showing an increase of $0.10 (+0.68%).

Automatic Data Processing, Inc. (Nasdaq: ADP), a global provider of human resources and payroll solutions, is scheduled to release its financial results for the fourth fiscal quarter of 2023 before the opening of the Nasdaq. 

Analysts forecast an EPS of $1.83 on revenue of $4.39 billion. 

On Friday, $ADP closed at $237.69, up $0.61 (+0.26%).

Lam Research Corporation (Nasdaq: LRCX), a major player in the semiconductor industry, will report its fourth-quarter fiscal 2023 results after the market closes. 

The consensus EPS projection is $5.07 on revenue of $3.13 billion. 

$LRCX closed at $623.63 on Friday, reflecting a gain of $8.11 (+1.32%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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