Three widely-held stocks that will post quarterly earnings this week are Ford (F), IBM, and AT&T (T).
Expectations for Ford are highest ahead of Q2 results. The stock traded at $12.00 since April 2024. Bears failed to take the stock lower than that. F stock broke out above $14 in the last week. The stock has attractive value, profitability, and momentum, offset by weak growth prospects.
Analysts expect Ford to post earnings per share of $0.68. 14 out of 15 analysts raised their EPS target in the last 90 days.
Bearishness rose against IBM in the last three months. 10 out of 12 analysts lowered their EPS forecast. They expect IBM to post $2.19 in EPS. A strong report would send the stock to a high of $199.18, a price not seen since March. Value investors may find IBM’s risk-reward profile compelling. For example, IBM may win client contracts for building generative AI solutions. This would offset a slowdown in its legacy business.
In the telecom sector, AT&T stock closed near a 52-week high. It last traded at above $20 in April 2023. The reason for the rally in T stock is unknown. The firm offers deep value and profitability, offset by weak growth prospects.