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In the Spotlight: Amazon, Intel, and Textron's Earnings Preview

  • October 21st, 2023
  • 332 views

On Thursday, October 26, several major companies are gearing up to reveal their financial performance, including:

Amazon.com, Inc. (Nasdaq: AMZN), one of the world's largest e-commerce and technology companies, is scheduled to report its financial results for the third quarter of 2023 after the market's closing bell.

Analysts are looking for earnings per share (EPS) of $0.55 on revenue totaling $133.6 billion.

On Friday, $AMZN closed at $125.17, reflecting a decrease of $3.23 (-2.52%).

Intel Corporation (Nasdaq: INTC), a renowned technology and semiconductor company, will announce its third-quarter 2023 financial results after the market closes.

The consensus EPS estimate stands at $0.20, complemented by revenue of $12.76 billion.

$INTC closed at $34.92 on Friday, showing a decline of $0.75 (-2.10%).

Textron Inc. (NYSE: TXT), a significant player in the aerospace and defense industry, will release its financial results for the third quarter of 2023 before the opening of the market.

Analysts are anticipating an EPS of $1.29, with revenue amounting to $3.48 billion.

On Friday, $TXT closed at $75.90, down $1.44 (-1.86%).

 

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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