Tesla, AT&T, IBM, Nokia, American Airlines And More: U.S. Stocks To Watch

Benzinga2022-10-20

With US stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects AT&T Inc. to report quarterly earnings at $0.61 per share on revenue of $29.86 billion before the opening bell.
  • Tesla, Inc. reported better-than-expected earnings for its third quarter, while sales missed estimates. The company also reported a year-over-year decrease in Q3 total deliveries. Stocks crashed over 6% in premarket trading.
  • Analysts are expecting American Airlines Group Inc. to have earned $0.31 per share on revenue of $13.25 billion for the latest quarter. The company will release earnings before the markets open.
  • PPG Industries, Inc. posted downbeat results for its third quarter and issued a weak earnings forecast for the current quarter.
  • Analysts expect Dow Inc. to post quarterly earnings at $1.27 per share on revenue of $13.28 billion after the closing bell.
  • IBM's Q3 sales rose 6.5% to $14.1 billion, it expects full-year revenue growth will exceed the company’s previous mid-single digit guidance while free cash flow will hit the estimate of $10 billion. Stocks rose over 3% in premarket trading.
  • Nokia’s Q3 operating profit rose to 658 million euros ($643.3 million) from 633 million last year, and its net sales grew 6%. Stocks fell over 4% in premarket trading.
  • Ericsson’s quarterly adjusted operating earnings fell to 7.1 billion Swedish crowns ($633.05 million) from 8.8 billion crowns a year earlier, revenue rose to 68 billion crowns from 56.3 billion a year earlier. Stocks tumbled nearly 15% in premarket trading.
  • Alcoa reported a Q3 net loss of $746M, or a loss of $4.17/share, its Q3 revenues tumbled 8% to $2.85B from $3.11B a year ago. Stocks slumped over 8% in premarket trading.

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