The Wall Street Journal (WSJ) reported on the 25th (local time) that the second quarter results of major U.S. companies such as Apple, Amazon and Google’s parent Alphabet, Facebook and Tesla will be intensively announced this week.
According to the report, about 180 of the Standard & Poor’s 500 companies will announce their performance this week.
By date, Tesla’s performance is scheduled to be announced on the 26th, followed by Apple, Alphabet, Microsoft, Visa (27th), Boeing, Facebook, Ford, Qualcomm, McDonald (28th), Amazon, Comcast, MasterCard (29th), Chevron, Exxon Mobil, and Caterpillar (30th).
According to the Journal, the trend of “earning surprise” by U.S. companies is expected to continue this week.
According to Factset, a financial information company, Wall Street financial firms predict that net profit of companies affiliated with the Standard & Poor’s 500 Index will increase 74 percent in the second quarter of this year from the same period last year.
This is the highest increase since the fourth quarter of 2009.
It is also expected that sales in the second quarter will increase by 21% compared to the same period last year.
In particular, Tesla’s sales are expected to be $11.53 billion, about twice as high as last year’s $6.04 billion.
