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General Motors is expected to report lower profits in the first quarter. Investors will focus on commentary around tariffs and their potential impact on the automaker's business.
Coca-Cola is expected to post a fall in first-quarter revenue, as demand for sodas in the North American region slows at a time when consumers have turned increasingly cautious about spending due to U.S. President Donald Trump's tariffs likely pushing living costs up. Investors will look out for comments regarding supply chain costs, diversification of production and mitigation strategies to offset any rising costs from tariffs.
On the U.S. economic front, the Job Openings and Labor Turnover Survey (JOLTS) report is expected to show that job openings fell to 7.480 million in March from 7.568 million in February. Separately, the consumer confidence index for April is anticipated to have dropped to 87.9 from 92.9 in March.
United Parcel Service is expected to post a year-over-year fall in quarterly profit and revenue when it reports its first-quarter results. Analysts say decelerating macro trends plus tariff-related uncertainties elevate risk for a first-quarter EPS downside.
Pfizer will report its first-quarter results before markets open. Investors will closely watch for any impact of Medicare policy changes on revenues from high-priced medicines such as heart disease drug Vyndaqel and older cancer drugs. Focus will also be on any comments on potential pharmaceutical tariffs and the drugmaker's plans for its nascent obesity franchise.
Visa is expected to post a rise in second-quarter profit, helped by a rise in payments volume and data processing revenues. Separately, PayPal will report its first-quarter results. Investors will closely assess the firm's progress on its initiatives to boost branded payment volumes.
JetBlue Airways is expected to report a first-quarter loss. The focus will be on its commentary on travel demand and if the airline, like its peers, will withdraw its full-year guide.
Snap is expected to report higher first-quarter revenue. Investors will be looking for commentary on how uncertainty fuelled by tariffs has potentially impacted campaign schedules and marketing budgets for the Snapchat parent. Some analysts have said that an uncertain economy would trigger ad spending shifts to bigger platforms.
Kraft Heinz is expected to post a drop in first-quarter revenue, hit by weakening consumer spending and an uncertain economic backdrop owing to global trade tariffs. Investors will look for comments on demand in North America, supply chain costs from tariffs and potential price increases.
Mondelez is expected to announce an increase in first-quarter revenue, helped by demand for its snacks and confectionery. Investors will look out for comments on annual forecasts, impact and efforts to offset cocoa price inflation, including cost-saving measures and pricing strategies.
Spotify is expected to report higher first-quarter revenue, helped by growing subscribers. Investors will be looking for commentary on how the Swedish audio streaming giant's advertising push and AI initiatives are expected to boost its revenue. Some analysts have said that the company has limited risks from tariff-related exposure.
Cruise operator Royal Caribbean is expected to post a rise in first-quarter revenue, helped by strong demand for its cruise vacations. Investors will look out for comments on demand, pricing, impact of ports, labor and fuel costs, tariffs as well as annual forecasts.
Regeneron will report first-quarter results before markets open. Investors will look out for the company's commentary on the potential impact of tariffs along with sales of its key drugs, Eylea and Dupixent.
Smithfield Foods, the biggest US pork processor, issues first-quarter results, as President Donald Trump's trade war with Beijing slashes sales to China. China, the world's biggest pork consumer, imposed steep tariffs on US goods, including meat, in retaliation for Trump's duties on Chinese products. Meanwhile, food distributor Sysco is expected to post a rise in third-quarter revenue, helped by demand for specialty seafood and fresh-cut meat products. Investors will look out for comments on annual forecasts, demand, pricing and supply chain challenges.
Cigarette maker Altria is expected to post a decline in first-quarter revenue, helped by steady demand for its nicotine pouches and e-cigarettes. Investors will look out for comments on demand, annual forecasts and the impact of government regulatory actions on nicotine products.
Insurer Arch Capital Group is expected to post a fall in first-quarter profit, as elevated costs weigh on underwriting growth.
Edison International is expected to report a rise in its first-quarter earnings compared with a year ago. However, we also expect to see detailed commentary on the lawsuits related to its possible role in California's worst wildfires.
Entergy is expected to report a rise in first-quarter results, helped by higher demand for electricity. Investors will look out for commentary on data center growth, new connection requests and upgrades to capital investment plans.
Paints and coatings maker PPG Industries is expected to report a fall in its first-quarter earnings per share, hurt by lower sales and macroeconomic volatility.
Solar company First Solar is expected to report a rise in its adjusted earnings per share for the first quarter compared with a year ago on higher demand and sales.
In Latin America, Brazil's IGP-M inflation index reading for April is scheduled for release, which is estimated to show a 0.09% decline, compared to a fall of 0.34% in March. Meanwhile, the central bank of Chile is set to announce that its interest rate is likely to remain unchanged at 5% for the month of April.
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John H. Cochrane, senior fellow at the Hoover Institution of Stanford University and research associate of the National Bureau of Economic Research, will discuss fiscal discipline, inflation dynamics, and the future of sovereign reserve currencies. (1200/1600) To join the discussion, click here
(Compiled by Kumar Satyam; Edited by Vijay Kishore)
((Kumar.Satyam@thomsonreuters.com;))
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