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Watch UPS, Tesla, Alphabet and Coca-Cola



This week, quarterly earnings season will feature four companies.

Analysts expect United Parcel Service (UPS) to report $1.99 in earnings per share. Over the past three months, 12 of 18 analysts have lowered their EPS expectations. A massive IT outage last Friday could overshadow UPS’s earnings report. The company, along with FedEx (FDX), warned customers of shipping delays as a result of the outage involving CrowdStrike (CRWD) running on Microsoft’s (MSFT) Windows operating systems.

Watch Alphabet (GOOG) this week. Ahead of the report, CEO Sundar Pichai sold 22,500 shares for $4.11 million. He sold 250,000 shares last year, but still has 2.2 million shares. There’s a good chance GOOG stock is approaching its peak. Shareholders should consider the risk that GOOG stock could disappear from there.

In the food sector, Coca-Cola (KO) could overtake Pepsi (PEP) and Keurig Dr Pepper (KDP). Coke has restructured its business, which could lead to higher gross margins. The company will need to grow organic sales by at least 4.0% to attract investors.

Wall Street expects Coca-Cola to report earnings of $0.81 per share on July 23. That would be an increase from $0.78 per share a year ago.