Several companies, including Lockheed Martin, Raytheon Technologies, Johnson & Johnson, General Electric, and Ericsson, are set to report their earnings. Lockheed Martin and Raytheon Technologies are expected to report a decline in earnings per share and revenue. Johnson & Johnson's earnings are expected to be influenced by strong demand for its pharmaceutical and medical device units. General Electric's aerospace business is expected to see a profit increase in 2024. Ericsson's market outside of China is forecasted to continue declining in 2024 despite beating earnings estimates in the fourth quarter.
Ahead of key Stelara patent cliff, J&J's pharma business churns out growth https://t.co/NlM0aKZHWF
General Electric Stock: A Good Value Even Amid the Breakup @davidmoadel https://t.co/ZyGM7SbvO5 $GE
Verizon is seeing rising demand for mobility, broadband and private networking heading into 2024 despite declines in the carrier's Business segment, Verizon CEO Hans Vestberg said during the carrier's Q4 2023 and full-year earnings call today: https://t.co/5a03ODlZTf $VZ
Ericsson said it expects further decline in 5G gear demand from mobile operators this year including in key growth market India, after beating fourth-quarter operating profit expectations helped by software sales https://t.co/CqqQ9D5csw https://t.co/MknuYvarys
My take on J&J's Q4 earnings call for @FierceBiotech: - Duato sees opportunities in neuro and immunology BD post-Ambrx buy - J&J has some "promising" early data on CAR-Ts for autoimmune diseases - $15.1B in FY23 R&D spend, but restructuring costs = $479M https://t.co/fj7Qu4NDvh
1/ A Hedging Tactic: Raytheon beat earnings. The stock is up 6 to 8%. Statistically, Raytheon beats earnings in the Q4, gaps up, then gives back about 50% of the gains. Here's the data. I'm net long market beta, but I think markets are getting a bit rich, so I like rotating… https://t.co/barbg62vIU
$RTX shares currently up 8% after 23Q4 results At ~$92, RTX is now 6% above level after first "powdered metal" disclosure (Jul 25, 2023) RTX fell another ~20% in the months after that day We bought more and more as it fell I hope everyone's made some money https://t.co/PspJEGXhHu https://t.co/z8pkoBIMUB
⚠️ PACCAR BEATS QUARTERLY PROFIT, REVENUE ESTIMATES ON DEMAND FOR NEWER TRUCK MODELS (Reuters) PACCAR Inc beat estimates for fourth-quarter profit and revenue estimates on Tuesday, on sustained demand for its fuel-efficient truck models. Shares of the U.S. truck maker were up… https://t.co/ivpIQY6ATQ
$JNJ: Med tech division grew 13.4% driven by stronger procedure growth w/ knees up 9% and hips up 3%. Good read through for other med tech cos. $ZBH $MDT $SYK
Defense firm Lockheed forecasts dour 2024 profit on supply chain woes https://t.co/QgQaIgfRB0 https://t.co/IOjF4ky9xN
$JNJ CEO Joaquin Duato: "For the first time our MEDTEC team delivered more than $30 billion in sales and as we continue to build our best in class business." 👈🏾 All those seniors getting cardiac, hip and knee surgery; especially heart in this case. https://t.co/0IIbJP94eI
Halliburton profit beats on international strength https://t.co/SCnoYpUbU9 https://t.co/CMyyq83tE0
Halliburton Boosts Dividend Amid Overseas Drilling Expansion #oott https://t.co/jVytWehmib
$JNJ (-0.1% pre) Johnson & Johnson narrowly tops quarterly estimates as pharmaceutical, medtech sales jump - CNBC https://t.co/cOgT9APVFq
Verizon's flexible mobile plans drive subscriber additions, strong forecast https://t.co/ZKaBHKAIOu https://t.co/UEuqVgKCU6
$HAL (+0.6% pre) Halliburton’s stock rises despite earnings miss as CEO cites strong outlook for oilfield services - MW https://t.co/lScpFlVNDi
$ERIC (+2.2% pre) Ericsson warns of 2024 market decline despite fourth-quarter earnings beat - CNBC https://t.co/RVjrBDOMfY
Halliburton's stock rises despite earnings miss as CEO cites strong demand for oilfield services - my story for @MarketWatch #Halliburton $HAL https://t.co/8IrYvfFtdw
Halliburton’s stock rises despite earnings miss as CEO cites strong outlook for oilfield services https://t.co/HFYiNjMKpy
J&J profit beats as biosimilar delays power Stelara demand https://t.co/PAL0CyVeR5 https://t.co/BHo4c5XVCr
GE shares face prospect of worst selloff in nearly two years https://t.co/vul89UsTFm
Halliburton's fourth-quarter profit beat market expectations on Tuesday as strength in offshore and overseas drilling activities internationally boosted demand for oilfield services and equipment. #oott https://t.co/ZVdqPHy6yl
Ericsson warns of 2024 market decline despite Q4 earnings beat https://t.co/FnIJgynJPZ https://t.co/sWhTJ9ht8g
GE's shares fall as first-quarter outlook disappoints https://t.co/h1j69Lhr6R https://t.co/bVtmxK4b2A
Lockheed Martin’s Q4 profit and sales beat Wall Street estimates https://t.co/Ggu4ME6wai
Halliburton joins its rival SLB in boosting its quarterly dividend as the world’s biggest oilfield contractors gear up for an international boom https://t.co/7iNRMNUMEr
LOCKHEED MARTIN $LMT JUST REPORTED EARNINGS EPS of $7.90 beating expectations of $7.29 Revenue of $18.87B beating expectations of $17.9B
⚠️ DEFENSE FIRM LOCKHEED FORECASTS DOUR 2024 PROFIT ON SUPPLY CHAIN WOES (Reuters) Lockheed Martin forecast its 2024 profit below Wall Street expectations on Tuesday, as the U.S. defense contractor's largest aeronautics segment that makes the F-35 jets faces supply chain…
LOCKHEED MARTIN Q4 '23 EARNINGS $LMT ADJUSTED EPS $7.90, EST. $7.29 EPS $7.58 VS. $7.40 Y/Y NET SALES $18.87B, EST. $17.94B OPERATING PROFIT $2.29B, EST. $2.24B AERONAUTICS NET SALES $7.61B, EST. $7.1B CASH FLOW FROM OPERATIONS $7.75B TO $8.05B, EST. $8.18B SEES 2024 NET SALES…
Verizon leaps as key factor in outlook adds fuel to Q4 earnings beat https://t.co/EoE6JM8xEC
LOCKHEED MARTIN Q4 '23 EARNINGS $LMT ADJUSTED EPS $7.90, EST. $7.29 EPS $7.58 VS. $7.40 Y/Y NET SALES $18.87B, EST. $17.94B
$RTX 23Q4 results Q4 adj. sales +10%, w/ Collins +12% P&W +14%, Raytheon +3%; EBIT +19%, EPS +2% FY adj. sales +11%, EPS +6% ($5.06), FCF $5.5bn 2024 outlook Sales +7-8% organic Adj. EPS $5.25-5.40 (+3.8-6.7%) FCF $5.7bn (after $1.3bn "powdered metal" cost) Cuts 2025 targets https://t.co/gmps5StJPi
Aerospace company RTX rises as Q4 earnings and revenue beat estimates https://t.co/8NmP9lPwBN
GE posts higher profit on strong demand for engine parts, services https://t.co/3uaxUPy0aI https://t.co/cdWUjKHtDV
$JNJ JNJ - Innovative Medicine/Medtech segment highlights https://t.co/Y1QQtsV1VW
Verizon gains retail mobile phone customers, a positive sign following steady erosion among consumers who generate most of the company’s revenue https://t.co/D96qu6rUDq
Raytheon Technologies beats top and bottom line estimates: CEO: "RTX is beginning 2024 with strong momentum and we are projecting another year of strong sales growth and continued segment margin expansion" $RTX: +3.8% PM https://t.co/E1ox1eXCcw
$RTX | Raytheon Technologies Q4 Earnings: - Adj. EPS $1.29 (Est. $1.25) - Sales $19.93B (Est. $19.73B) - Company Backlog $196B, Including $118B Commercial And $78B Defense - FY24 Outlook: Adj. EPS $5.25-$5.40 Vs. $5.26 Estimate, Sales $78B-$79B Vs. $79.21B
⚠️ VERIZON'S FLEXIBLE PLANS DRIVE SUBSCRIBER ADDITIONS, STRONG FORECAST (Reuters) Verizon Communications forecast annual profit above estimates on Tuesday after strong demand for its wireless plans and Black Friday promotions helped the U.S. carrier post its highest quarterly…
$RTX | RTX Corp Q4 23 Earnings: - Adj EPS: $1.29 (exp $1.24) - Revenue: $19.93B (exp $19.68B) - Sees 2024 Adj EPS $5.25 To $5.40 (exp $5.28) - Expects Continued Sales & Earnings Growth On 2024
Johnson & Johnson holds 2024 profit forecast steady after solid Q4 earnings https://t.co/lOJMrLhik5
Verizon Earnings Meet Expectations, Revenue Beats https://t.co/rqqUJwpeUF
$GE GE beats, but guidance light -6% premkt https://t.co/Kxa3vnKl1z
⚠️ RTX'S FOURTH-QUARTER REVENUE JUMPS ON AFTERMARKET STRENGTH, DEFENSE DEMAND (Reuters) Aerospace and defense giant RTX reported a 10% surge in fourth-quarter revenue on Tuesday, driven by demand for its aftermarket services, commercial engines and military equipment. RTX… https://t.co/79a19eVMCO
💰 Rtx Corp $RTX EPS. vs Forecast 1.29 / 1.25 🟢 Rev. vs Forecast 19.9B / 19.72B 🟢 Market Cap: 121.98B
⚠️ HALLIBURTON POSTS HIGHER FOURTH-QUARTER PROFIT (Reuters) Halliburton's fourth-quarter profit beat market expectations on Tuesday as strength in offshore and overseas drilling activities boosted demand for oilfield services and equipment. The Houston-based company said… https://t.co/Jmvoz2ddBc
General Electric slides as muted outlook offsets Q4 earnings beat https://t.co/NW9T5GIFkD
$HAL | Halliburton Q4 Earnings: - Adj EPS. $0.86 (Est. $0.80) - Sales $5.74B (Est. $5.78B) https://t.co/YowIvqYcGI
$HAL | Halliburton Q4 23 Earnings: - Adj EPS: $0.86 (exp $0.80) - Revenue: $5.70B (exp $5.78B) - Boosts Quarterly Dividend 6.3% To $0.17/Share - 2024 Outlook For Oilfield Services Remains Strong
⚠️ 3M QUARTERLY PROFIT RISES ON PRICE HIKES, COST CUTS (Reuters) U.S. industrial conglomerate 3M Co posted a rise in quarterly profit on Tuesday, benefiting from price hikes and cost cut measures. The St. Paul, Minnesota-based company reported an adjusted profit of $2.42 per… https://t.co/8Y4m1toxbz
Johnson & Johnson Q4 earnings beat estimates amid strength in medtech https://t.co/7XR4R4BYEW
🔸 GE DROPS 10% AFTER 1Q ADJ EPS OUTLOOK MISSES ESTIMATES 🔸 $GE FORECAST: Q1, Sees ADJ EPS 60c to 65c, EST 70c 🔸 RESULTS: Q4, 🔸 ADJ revenue $18.5B, EST $17.25B 🔸 Power revenue $5.79B, +15% y/y, EST $4.89B 🔸 Renewable Energy revenue $4.21B, +23% y/y, EST $3.65B 🔸 Power…
GE earnings outlook comes up shy of expectations https://t.co/SUu199Qha2
Johnson & Johnson narrowly tops quarterly estimates as pharmaceutical, medtech sales jump https://t.co/jg5EpypVAx
GE’s stock drops after profit beats expectations, but outlook comes up short https://t.co/AcGUFYVLkL
General Electric expects profit in its aerospace business to climb in 2024 https://t.co/Lya2HvR0YW
Johnson & Johnson’s fourth-quarter earnings beat estimates as sales in its drug and medical device units both exceed analysts’ expectations https://t.co/Ckv4KwELDN
⚠️ GE POSTS HIGHER PROFIT ON STRONG DEMAND FOR ENGINE PARTS, SERVICES (Reuters) General Electric Co on Tuesday reported a higher fourth-quarter profit as its business that makes aircraft engines benefited from strong demand for spare parts and services, while costs cuts…
$GE | General Electric Q4 Earnings: - Adj EPS $1.03 (Est. $0.90) - Sales $18.50B (Est. $17.42B) - Q4 Orders $21.7B, Up 7% YoY - GE Vernova 2024 Expected Revenue $34B-$35B https://t.co/NEIDMnCnVn
⚠️ J(and)J BEATS PROFIT ESTIMATES ON PHARMACEUTICAL UNIT STRENGTH (Reuters) Johnson & Johnson on Tuesday reported fourth-quarter profit above Wall Street expectations, helped by demand for its blockbuster psoriasis treatment Stelara and strength in its medical device unit.… https://t.co/SH85MDU6cY
$GE GE Q4 2023 EARNINGS ADJ. REV. $18.5 B, EST. $17.25 B ADJ EPS $1.03, EST. 91 C
$JNJ 🇺🇸 Johnson & Johnson Release/ Report https://t.co/pbUpwzaA39 Webcast https://t.co/5aFsHhA3Jc https://t.co/V7U3X0P1BU
$GE | General Electric Q4 23 Earnings: - Adj EPS: $1.03 (exp $0.91) - Revenue: $18.50B (exp $17.25B) - Sees Q1 Adj EPS $0.60 To $0.65 (exp $0.70) - Expects High Single Digit Revenue Growth For Q1
Ericsson says infrastructure investment slump will continue to impact its sales in 2024 https://t.co/8uPChDpgbt
Ericsson Q4 earnings beat forecast, warns of market decline in 2024 https://t.co/zDl5F6fvAe https://t.co/DSEY44mBkO
Ericsson beats margin target but reports revenue shy of estimates https://t.co/hBwgtbsjX8
Ericsson warns that its market outside of China will continue to decline in 2024, even as the telecom network equipment maker beat earnings estimates in the fourth quarter https://t.co/hFqlNGXwRZ
⚠️ ERICSSON FOURTH QUARTER EARNINGS BEAT FORECAST (Reuters) Ericsson on Tuesday reported a fall in fourth quarter operating profit but beat expectations as the telecom equipment supplier increased its margin in a market where demand for 5G equipment is growing slowly.… https://t.co/LTBtKLQL2i
Johnson & Johnson Is a Changed Company. What to Expect From Earnings. https://t.co/lgYcmjD1E8
Lockheed Martin $LMT reports earnings tomorrow before the markets open, Wall ST is expecting numbers of EPS of $7.25 down 6.9% YoY Revenue of $17.95B down 5.5% YoY
Johnson & Johnson $JNJ reports earnings tomorrow morning before the markets open, Wall ST is expecting numbers of EPS of $2.28 down 3% YoY Revenue of $21.02B down 11.3% YoY
GE Is at an Important Moment. Earnings Could Close a Chapter. https://t.co/kmMtDWah1T
$TMDX sandbagged Q4 guidance and by the looks of it, aviation roll out is well ahead of market expectations. $100+ incoming https://t.co/uMCj7SobcF
GE earnings: Can final report before breakup give investors more reason to cheer? https://t.co/6YmsfCWyEL
RTX Earnings Are Coming. One Update Looms Large. https://t.co/qqyYxS9Oj7
Lockheed Martin Earnings Are Coming as Global Conflict Rises https://t.co/8XAfOfn19v
I said $TMDX to $200 in 2-3y. I think we might be at >$100 by Q4 report