Tesla and Intel among stocks with earnings momentum reporting next week. Here are the others
Tesla and Intel are among the companies reporting their second-quarter earnings next week. Nearly 80 companies in the S & P 500 are scheduled to release results next week. But Wall Street analysts have been raising their estimates for four companies by a wide margin. CNBC Pro screened data from FactSet to identify the S & P 500 companies reporting next week that have seen accelerated earnings momentum. The stocks in the table below had to meet the following criteria: At least 20 upward EPS revisions in the past three months Have an EPS estimates that were raised by 15% or more in the past 3 months. Intel made the list and showed the strongest estimated momentum as analysts raised EPS expectations by nearly 135% over the past three months, with 56 upward revisions compared with nine downward revisions. The company has attracted renewed investor interest since Lip-Bu Tan took over as CEO early last year, following years of weak stock performance and manufacturing setbacks. The chipmaker recently said its advanced 18A-P manufacturing process had entered risk production, moving it a step closer to potentially producing some chips for Apple. Bernstein said last month that a potential Apple foundry win could provide an important proof point for Intel’s manufacturing strategy, although the initial financial benefit would likely be limited. “At the moment there is still a lot of wood to chop here,” analyst Stacy Rasgon wrote in a June 18 note. “But a first step is a first step, and this may be the first real step we have seen on this front.” The chipmaker is set to report second-quarter results after the market close on Thursday. Another name that made the cut is the chemical manufacturer Dow . Its second-quarter earnings estimate has more than doubled over the past three months. The materials company had 25 upward EPS revisions from analysts and eight downward revisions. Analysts currently estimate earnings of $1.27 per share, according to FactSet. In 2026, the stock is up 27% and offers a dividend yield of 4.7%. Last month, Dow announced a series of targeted investment projects worth $100 million by the end of 2027 to expand its specialty silicones manufacturing capabilities. Dow will report on Thursday morning. Texas Instruments had 32 upward EPS revisions and just one downward revision over the past three months. Analysts expect the company will earn $1.92 per share, up 22.4% from three months ago. Wall Street analysts have raised Tesla’s EPS estimate by about 19% over the past three months, with 31 upward revisions and 14 downward ones. They estimate earnings of 52 cents per share, according to FactSet. During the second quarter, the company manufactured over 450,000 units while total vehicle deliveries exceeded 480,000. “We think investor focus for Tesla 2Q earnings will remain on its robotaxi deployments, particularly the pace of fleet scaling and new markets,” Bank of America said in a recent note. The company is scheduled to hold its second-quarter earnings call on Wednesday.
About the Author
