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19 October 2022 | Other

Tesla, Procter & Gamble, and IBM earnings reports are worth attention

Procter & Gamble Company
International Business Machines
Tesla Inc

This week, about 60 companies included in S&P 500 index are going to present their earning reports. Three of these companies’ reports – Tesla, Procter & Gamble, and International Business Machines (IBM) – may have a great impact on the market, starting today.

1. Earnings report of Tesla

Elon Musk’s Tesla Inc is one of the leading manufacturers of electric vehicles. It’s expected that the company’s earnings will be about $1.03 per share on revenue of $22.5 billion.

2. Earnings report of Procter & Gamble

Procter & Gamble’s earnings as a world-famous producer of household goods will probably be about $1.56 per share on revenue of $20.4 billion.

3. Earnings report of IBM

IBM as a tech giant may report about earnings of around $1.79 per share on revenue of $13.5 billion.

Company MarketCheese

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