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Ahead of Earnings: QUALCOMM, CVS Health, and McKesson in the Spotlight

  • October 29th, 2023
  • 441 views

On Wednesday, November 1, several key companies are poised to unveil their financial performance, including:

QUALCOMM Incorporated (Nasdaq: QCOM), a leading semiconductor and telecommunications company, will announce its financial results for the fourth quarter and fiscal 2023 after the market's closure. 

Analysts are expecting earnings per share (EPS) of $1.80 on revenue of $8.03 billion.

$QCOM closed at $106.46 on Friday, up $0.84 (+0.80%).

CVS Health Corporation (NYSE: CVS), an American healthcare company, is set to disclose its third-quarter 2023 financial results before the market opens. 

The consensus EPS estimate stands at $2.13, with revenue projected to reach $88.25 billion.

On Friday, $CVS closed at $66.29, reflecting a decrease of $1.69 (-2.49%).

McKesson Corporation (NYSE: MCK), a major pharmaceutical distributor, will release its financial results for the second quarter of fiscal 2024 after the market closes. 

The consensus estimate points to an EPS of $6.13 on revenue amounting to $75.99 billion.

$MCK closed at $448.03 on Friday, down $3.61 (-0.80%).

 

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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