The initial week of February marks a crucial period for earnings season with more than 100 components of the S&P 500 scheduled to report their quarterly financial results. This period is highlighted by disclosures from major hyperscale technology firms, pharmaceutical powerhouses, and popular consumer-facing enterprises.
Already underway as the week begins, The Walt Disney Company (NYSE: DIS) released its first-quarter earnings prior to the market opening on Monday, posting an earnings per share (EPS) of $1.63, surpassing analyst expectations of $1.57. Its revenue for the quarter reached $25.98 billion, exceeding forecasts of $25.74 billion. Notably, CEO Bob Iger has indicated plans to step down and reduce involvement in daily operations before the expiration of his contract on December 31, prompting an upcoming board meeting to determine his successor.
Monday afternoon will also see earnings reports from Teradyne, Inc. (NASDAQ: TER), NXP Semiconductors N.V. (NASDAQ: NXPI), and Simon Property Group, Inc. (NYSE: SPG). However, a key focal point for investors will be Monday evening’s after-market earnings release from Palantir Technologies Inc. (NASDAQ: PLTR). Market participants will scrutinize Palantir’s commercial customer base expansion and average revenue per customer, indicators critical to assessing the penetration of its AI platforms beyond traditional government contracts. Additionally, profitability margins and free cash flow generation will be vital metrics considered for evaluating the sustainability of the firm's valuation amid broader challenges facing the software sector.
Tuesday morning will feature reports from pharmaceutical giants Pfizer Inc. (NYSE: PFE) and Merck & Co., Inc. (NYSE: MRK) along with other companies such as FuboTV Inc. (NYSE: FUBO), Eaton Corporation Plc (NYSE: ETN), Archer-Daniels-Midland Co. (NYSE: ADM), Galaxy Digital Holdings Ltd. (TSX: GLXY), and Enterprise Products Partners L.P. (NYSE: EPD).
Later on Tuesday after market close, attention will shift to Advanced Micro Devices, Inc. (NASDAQ: AMD) and Super Micro Computer, Inc. (NASDAQ: SMCI). Analysts anticipate AMD to report earnings of approximately $1.32 per share on $9.67 billion in revenue according to Benzinga Pro estimates. Expectations include a beat-and-raise performance propelled by growth in MI350 AI accelerator deployments and gains in the server CPU market share, both factors that may drive the stock to new record highs. Additional companies reporting Tuesday post-close include Chipotle Mexican Grill, Inc. (NYSE: CMG), Enphase Energy, Inc. (NASDAQ: ENPH), Take-Two Interactive Software, Inc. (NASDAQ: TTWO), Electronic Arts Inc. (NASDAQ: EA), Amgen Inc. (NASDAQ: AMGN), Powell Industries, Inc. (NASDAQ: POWL), Mondelez International, Inc. (NASDAQ: MDLZ), Lumen Technologies, Inc. (NYSE: LUMN), and Chubb Limited (NYSE: CB).
Wednesday morning ushers in a cluster of pharmaceutical earnings from Eli Lilly and Co. (NYSE: LLY), Novo Nordisk A/S (NYSE: NVO), AbbVie Inc. (NYSE: ABBV), and GSK plc (NYSE: GSK), alongside health and financial sector companies such as GE HealthCare Technologies Inc. (NASDAQ: GEHC), Boston Scientific Corp. (NYSE: BSX), Uber Technologies, Inc. (NYSE: UBER), T. Rowe Price Group, Inc. (NASDAQ: TROW), UBS Group AG (NYSE: UBS), CME Group Inc. (NASDAQ: CME), and Phillips 66 (NYSE: PSX).
The spotlight on Wednesday after the market closes will be on Alphabet Inc. (NASDAQ: GOOGL) as investors anticipate revenue of $111.31 billion and an EPS of $2.63. Market watchers will closely examine the performance of Google Cloud and the commercial traction of the Gemini AI integration across search and YouTube platforms as key indicators of Alphabet’s competitiveness in the evolving AI landscape. Other companies reporting after Wednesday close include Qualcomm Inc. (NASDAQ: QCOM), Arm Holdings plc (NASDAQ: ARM), e.l.f. Beauty, Inc. (NYSE: ELF), Snap Inc. (NASDAQ: SNAP), Symbotic Inc. (NASDAQ: SYM), Coherent Corp. (NYSE: COHR), Wolfspeed, Inc. (NYSE: WOLF), Fluence Energy, Inc. (NASDAQ: FLNC), O’Reilly Automotive, Inc. (NASDAQ: ORLY), and Crown Castle Inc. (NYSE: CCI).
Thursday opens with earnings from oil majors Shell plc (NYSE: SHEL) and ConocoPhillips (NYSE: COP) as well as companies such as Estée Lauder Companies Inc. (NYSE: EL), Bristol-Myers Squibb Co. (NYSE: BMY), Hershey Co. (NYSE: HSY), Barnes Group Inc. (NYSE: B), Linde plc (NASDAQ: LIN), Peloton Interactive, Inc. (NASDAQ: PTON), The Cigna Group (NYSE: CI), KKR & Co. Inc. (NYSE: KKR), and Sirius XM Holdings Inc. (NASDAQ: SIRI) prior to market open.
Post-market on Thursday, Amazon.com, Inc. (NASDAQ: AMZN) is projected to report fourth-quarter revenue of $211.32 billion and earnings per share of $1.98. Expectations point to strengthening holiday retail sales and an anticipated 20% growth trajectory in its AWS cloud division. Investor scrutiny will intensify around Amazon’s substantial capital expenditures planned for AI infrastructure and progress regarding the wider adoption of its proprietary Trainium chips. Additional companies releasing earnings after Thursday’s close include Strategy Inc. (NASDAQ: MSTR), Reddit, Inc. (NYSE: RDDT), IREN Limited (NASDAQ: IREN), Roblox Corp. (NYSE: RBLX), Fortinet, Inc. (NASDAQ: FTNT), Affirm Holdings, Inc. (NASDAQ: AFRM), Bloom Energy Corp. (NYSE: BE), CleanSpark, Inc. (NASDAQ: CLSK), Atlassian Corp. (NASDAQ: TEAM), Monolithic Power Systems, Inc. (NASDAQ: MPWR), and Digital Realty Trust, Inc. (NYSE: DLR).
Friday wraps the week with morning reports from Philip Morris International Inc. (NYSE: PM), Under Armour, Inc. (NYSE: UA), and Centene Corp. (NYSE: CNC).
This week’s earnings backdrop encapsulates a diverse spectrum of sectors with strategic emphasis on technology leaders navigating AI and cloud markets, pharmaceutical corporations unveiling clinical and commercial performance, and other significant contributors to consumer and industrial markets. Market participants remain attentive to pivotal data reflecting adoption rates, profitability sustainability, and management transitions that collectively inform near-term valuation paradigms.