The third quarter earnings season is now in full swing, with many big names in the financial sector revealing earnings this week. Next week will be tech focused, when most major tech firms will report their earnings, including Apple, Amazon, Alphabet, Microsoft and more. Big tech stocks have suffered in 2022 so far due to the broader market selloff.
So, investors will be interested in knowing how inflation, rising interest rates and the strength of the U.S. dollar is affecting their profits. Let’s take a look at 10 big companies revealing earnings next week.
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10 Big Companies Revealing Earnings Next Week
Founded in 2011 and headquartered in North Chicago, Ill., this company develops and sells pharmaceutical products focusing on chronic autoimmune diseases in rheumatology, gastroenterology, dermatology, oncology and more. AbbVie Inc (NYSE:ABBV) shares are up by almost 7% year to date and up over 3% in the last month.
As of this writing, AbbVie shares are trading above $144 with a 52-week range of $107.15 to $175.91. AbbVie will report its earnings on October 28.
Founded in 1966 and headquartered in Purchase, N.Y., this company offers payment solutions to help connect merchants, consumers, financial institutions, governments and businesses. Mastercard Inc (NYSE:MA) shares are down by over 16% year to date and down over 1% in the last month.
As of this writing, Mastercard shares are trading above $298 with a 52-week range of $276.87 to $399.92. Mastercard will report its earnings on October 27.
Founded in 1906 and headquartered in San Ramon, Calif., it is an integrated energy and technology company. Chevron Corporation (NYSE:CVX) shares are up by almost 39% year to date and up almost 5% in the last month.
As of this writing, Chevron shares are trading at above $161 with a 52-week range of $110.73 to $182.40. Chevron will report its earnings on October 28.
Founded in 2004 and headquartered in Menlo Park, Calif., this company develops and operates social media applications, as well as develops technology to connect people. Meta Platforms Inc (NASDAQ:META) shares are down by almost 61% year to date and down almost 7% in the last month.
As of this writing, Meta Platforms shares are trading above $132 with a 52-week range of $122.53 to $353.83. Meta Platforms will report its earnings on October 26.
Founded in 1958 and headquartered in San Francisco, this company offers digital payment services, as well as provides debit cards, credit cards, prepaid products, and more. Visa Inc (NYSE:V) shares are down by almost 14% year to date but are up almost 1% in the last month.
As of this writing, Visa shares are trading above $185 with a 52-week range of $174.60 to $236.96. Visa will report its earnings on October 25.
Founded in 1882 and headquartered in Irving, Texas, this company explores, develops and distributes oil, gas, and petroleum products. Exxon Mobil Corp (NYSE:XOM) shares are up by almost 65% year to date and up almost 11% in the last month.
As of this writing, Exxon Mobil shares are trading above $101 with a 52-week range of $57.96 to $105.57. Exxon Mobil will report its earnings on October 28.
Founded in 1994 and headquartered in Seattle, this company deals in e-commerce, digital streaming, cloud computing, online advertising, and artificial intelligence (AI). Amazon.com, Inc. (NASDAQ:AMZN) shares are down by over 30% year to date and down almost 2% in the last month.
As of this writing, Amazon shares are trading at above $115 with a 52-week range of $101.26 to $188.11. Amazon will report its earnings on October 27.
Founded in 2015 and headquartered in Mountain View, Calif., it is the holding company of Google and Other Bets segments. Alphabet Inc (NASDAQ:GOOGL) shares are down by over 30% year to date but are up almost 2% in the last month.
As of this writing, Alphabet shares are trading above $100 with a 52-week range of $94.38 to $151.55. Alphabet will report its earnings on October 25.
Founded in 1976 and headquartered in Cupertino, Calif., this company develops and sells software, services, devices, and solutions. Microsoft Corporation (NASDAQ:MSFT) shares are down by over 29% year to date and down almost 1% in the last month.
As of this writing, Microsoft shares are trading above $236 with a 52-week range of $219.13 to $349.67. Microsoft will report its earnings on October 25.
Founded in 1976 and headquartered in Cupertino, Calif., this company makes and sells smartphones, computers, wearables and accessories, tablets, as well as related software. Apple Inc (NASDAQ:AAPL) shares are down by over 19% year to date and down over 6% in the last month.
As of this writing, Apple shares are trading above $141 with a 52-week range of $129.04 to $182.94. Apple will report its earnings on October 27.
