5 Stocks To Watch: July 21, 2020

Credit: Pxhere

July 21, 2020: Several companies are to report earnings before and after the bell today. Four of which rank in our five stocks to watch. The fifth stock, HIBB, saw a recent surge and despite falling, looks to again be on the move.

Here’s our top five stocks to watch this July, 21.

Philip Morris International, Inc. (PM) – $72.88

Phillip Morris International, Inc. (PM) announced their second-quarter earnings before the bell and they were better-than-expected. Revenue estimations have forecast the stock (PM) to be at $6.5-billion, but the actual reported revenue hit $6.65-billion. Earnings per share also topped the estimate of $1.1 per share, with a reported $1.29 per share.

CHECK OUT: Our stock picks from yesterday, including IBM which continues to be a stock to watch.

The Coca-Cola Company (KO) – $46.07

The Coca-Cola Company (KO) released its second-quarter earnings before the bell. Their revenue of $7.15-billion missed estimates by $30-million ($7.18-billion), yet earnings per share beat forecasts by $0.02, coming in at $0.42 per share.

Lockheed Martin Corporation (LMT) – $365.73

Lockheed Martin Corporation (LMT) second-quarter earnings will be reported before the bell today and news sentiment is bullish. Estimations put Q2 earnings above Q1, forecasting earnings at $5.72 per share on revenue of $15.23 billion. LMT is top of the stocks to watch today.

Texas Instruments Incorporated (TXN) – $136.58

Texas Instruments Incorporated (TXN) will announce their second-quarter earnings today after the bell. News sentiment is bearish towards TXN but is a relatively strong 70-percent positive. This is despite Q2 estimates being considerably lower than Q1 earnings. The estimate for Q2 is that TXN has a revenue of $2.91-billion (Q1 $3.33-billion) with earnings per share of $0.86 (Q1 $1.14).

Hibbett Sports, Inc. (HIBB) – $22.49

Hibbett Sports, Inc. (HIBB), issued a strong second-quarter sales forecast on July 20. In the announcement, they stated that sales were up 70-percent over Q1. During Monday’s after-hours trading, shares in HIBB were up 21.46-percent. The second-quarter earnings are expected to be released on August 21. HIBB’s 52-week high of $30.98 and a positive forecast, make it one of the stocks to watch during today’s trading.

CHECK OUT: Adevinta buys eBay’s classifieds unit in $9.2-billion deal.

Before The Bell

  • Comerica Incorporated (CMA): Expected quarterly earnings of $697-million, at $0.21 per share.
  • Graphic Packaging Holding Company (GPK): Expected quarterly earnings of $994-million, at $1.05 per share.
  • Murphy USA, Inc. (MUSA): Expected quarterly earnings of $2.53-billion, at $3.81 per share.
  • Novartis AG (NVS): Expected quarterly earnings of $12-billion, at $1.35 per share.
  • PACCAR, Inc. (PCAR): Expected quarterly earnings of $2.85-billion, at $0.28 per share.
  • Signature Bank (SBNY): Expected quarterly earnings of $389-million, at $2.24 per share.
  • Synchrony Financial (SYF): Expected quarterly earnings of $3.64-billion, at $0.12 per share.
  • UBS Group AG (UBS): No revenue forecast, but they’re expected to earn $0.21 per share in Q2.

After The Bell

  • Canadian National Railway Company (CNI): Expected quarterly earnings of $3.25-billion, at $1.25 per share.
  • Capital One Financial Corporation (COF): Expected quarterly earnings of $6.83-billion, with a loss of $1.46 per share.
  • Carlisle Companies Incorporated (CSL): Expected quarterly earnings of $994-million, at $1.25 per share.
  • Intuitive Surgical, Inc. (ISRG): Expected earnings of $668-million, at $0.74 per share.
  • Snap, Inc. (SNAP): Expected quarterly earnings of $433-million, with a loss of $0.10 per share.
  • TD Ameritrade Holding Corporation (AMTD): Expected quarterly earnings of $1.41-billion, at $0.85 per share.
  • Teradyne, Inc. (TER): Expected quarterly earnings of $752-million, at $1.02 per share.
  • United Airlines Holdings, Inc. (UAL): Expected quarterly earnings of $1.32-billion, at a loss of $9.02 per share.

CHECK OUT: Futures climb on IBM earnings report, stimulus hopes.

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