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Earnings On Deck: Ericsson, Omnicom, and United Airlines Gear Up

  • October 15th, 2023
  • 468 views

Several companies slated to disclose their financial results on Tuesday, October 17, encompass:

Telefonaktiebolaget LM Ericsson (publ) (Nasdaq: ERIC), a global telecommunications giant, is expected to announce its third-quarter 2023 financial results before the market opens. 

Analysts are forecasting an earnings per share (EPS) of $0.07, with revenue projected to reach $6.11 billion. 

On Friday, $ERIC closed at $4.77, reflecting a slight decrease of $0.06 (-1.24%).

Omnicom Group Inc. (NYSE: OMC), a prominent advertising and marketing communications company, is gearing up to publish its third-quarter 2023 results after the close of trading on the New York Stock Exchange. 

The consensus EPS estimate stands at $1.85, complemented by revenue totaling $3.56 billion. 

$OMC closed at $74.55 on Friday, down $1.02 (-1.35%).

United Airlines Holdings, Inc. (Nasdaq: UAL), a major player in the airline industry, will be issuing its third-quarter 2023 financial results and outlook after the market's closing bell.

The consensus estimate points to an EPS of $3.35 on revenue of $3.35 billion. 

On Friday, $UAL closed at $38.72, showing a decline of $1.10 (-2.76%).

 

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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