Stocks: time for trading on earnings reports

Stocks: time for trading on earnings reports

2020-10-19 • Updated

Earnings reports will show how companies have performed during the third quarter. Follow the releases and remember: if numbers come out better than the forecasts, stocks will rise. Otherwise, worse-than-expected earnings will push stocks down.

October 19, Monday:

IBM has recently surged after the company announced it would split its business into two separate tech stocks: IBM and NewCo. Stockholders will benefit as the sum of the two stocks tends to worth more than a single, undivided stock. Elsewhere, IBM has got the prestigious title of Dividend Aristocrat this year for increasing payouts for 25 years in a row. Follow its Q3 earnings report at the midnight from Monday to Tuesday (MT time)!

October 21, Wednesday:

Netflix will publish its report at 1:00 MT time. The streaming giant is trading sideways around its all-time highs. It has recently skyrocketed as Goldman Sachs raised its price target to $670. The bank is confident that Netflix will release better-than-expected Q3 earnings. Indeed, people have started spending considerably more time watching TV shows amid the stay-at-home regime.  

October 22, Thursday:

Intel currently has a ‘hold’ rank, according to Zacks. Now the company is the world’s largest chipmaker, but AMD, its main rival, steps on Intel’s toes. The tech giant has been beating estimates for 5 quarters in a row. According to Wall Street, we may see Intel beating the forecasts again. Follow the report at the midnight from Thursday to Friday (MT time)!

Amazon has recently held its Prime Day with sales 40% higher than from last year’s event. Due to its “platform effect”, customers that once used it would stay with it forever. Most analysts have bullish forecasts for this stock as it continues surprising investors with its steady growth.

Coca-Cola will unveil its earnings at 15:30 MT time. In fact, it’s one of the most familiar stocks with a market presence in over 200 countries. The beverage mammoth has proven its credibility with a steady increase of dividends throughout its long history.

AT&T will publish its Q3 earnings at the same time as Coca-Cola. The company is trading at considerably low levels, but some analysts believe that all is not lost for AT&T. Perhaps, the cutting-edge 5G technology will help the stock to rebound.

Check earnings calendar

TRADE NOW

What should you do for trading stocks?

Trading stocks with FBS is easy. Follow the simple steps described below.

  1. First of all, be sure you’ve downloaded Metatrader 5. FBS allows you to trade stocks only through this software.
  2. Open the MT5 account in your personal area.
  3. Reveal all trading instruments by clicking “show all” at the “Market Watch” window.
  4. Start trading!

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera