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August 1 to 5 | Earnings To Watch
By Syfe  •  August 1, 2022
The S&P 500 just notched its best month since November 2020. The index surged 9.1% in July on the back of solid corporate earnings from companies like Amazon and Apple. Ready for another week of earnings results? This week, companies like Pinterest, Alibaba, Uber, and Paypal will report their second-quarter earnings. Here’s what to watch. Pinterest earnings (Monday) Pinterest is scheduled to announce its earnings results after the market closes on Monday, 1 August. Analysts estimate the visual discovery engine to announce earnings per share of $0.18 (down 28% year-over-year) and a revenue estimate of about $670 million (up 8.8% year-over-year). In late June, Pinterest co-founder Ben Silbermann stepped down from his CEO position, and former Google commerce executive, Bill Ready, took over. Separately, Elliott Management accumulated a stake of over 9% in Pinterest, signaling a sign of confidence in Ready’s ability to better monetize the company’s user base....
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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