The busiest week for earnings reports is still ahead, with over 120 S&P 500 companies scheduled to post their latest financial results. Among them are Disney, Advanced Micro Devices, and Pfizer, which will report before the market opens.
Pfizer’s earnings call will be a key focus, as investors await guidance on President Trump’s push to lower drug prices. Analysts expect a slight year-over-year earnings decline, but the company has historically exceeded expectations.
Advanced Micro Devices (AMD) is also set for a report after the close, with analysts forecasting a mixed quarter and year-over-year earnings drop of nearly 30%. Despite this, AMD has shown strength in PC and server demand, leading to an upside bias for its Q2 results.
Super Micro Computer will report postmarket, with management’s conference call scheduled for 5 pm. The data center company is expected to post a steep year-over-year decline in earnings, driven by margin pressures in a competitive landscape.
Disney will report before the market opens on Wednesday, with analysts expecting year-over-year earnings growth of around 7%. The theme park and media giant has shown strength in recent quarters, but shares have struggled recently due to global headwinds.
Eli Lilly is set for an earnings report on Thursday, with analysts forecasting earnings growth of around 40%. Investors will look for continued momentum from the company’s weight loss drug Mounjaro, which showed similar heart health benefits in a head-to-head trial with Trulicity.
Source: https://www.cnbc.com/2025/08/03/earnings-playbook-disney-and-amd-lead-another-busy-week-of-reports.html