A smattering of big earnings reports will hit the wires Wednesday February 6.
Four giants across different sectors will report. Alphabet Inc. (GOOGL) - Get Report just beat earnings estimates, but its shares slipped, as Wall Street became cautious regarding its near-term cost structure. Big tech is almost done reporting, although Take-Two Interactive Software Inc. (TTWO) - Get Report will report Wednesday.
General Motors Company (GM) - Get Report will report fourth quarter earnings before the opening bell Wednesday. Analysts are expecting adjusted earnings-per-share of $1.25 on revenue of $26.53 billion. In late January, GM revised upwards its sales and profit estimates for the fourth quarter. The stock jumped 7% to $37 a share that day, and has added slight gains since that point, now trading at $39.
Humana Inc. (HUM) - Get Report will report fourth quarter earnings before the market opens Wednesday. Analysts are looking for the health care company to report adjusted EPS of $2.52 and GAAP EPS of $2.39. Revenue is expected to be $13.97 billion.
Chipotle Mexican Grill Inc. (CMG) - Get Report will report fourth quarter earnings after the market closes Wednesday. Wall Street is expecting the restaurant company to report adjusted EPS of $1.37 on revenue of $1.19 billion. McDonald's Corp. (MCD) - Get Report just beat earnings estimates on the back of stronger-than-expected international comparable sales, while U.S. comps were weaker-than-expected. Chipotle investors are hoping Chipotle won't see poor U.S. comps in the fourth quarter.
Take-Two will report third quarter 2019 earnings before the opening bell Wednesday. Adjusted EPS is expected to come in at $2.79, with GAAP EPS expected to be 52 cents. Revenue is expected to be $1.51 billion.