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Disney+ Growth May Beat, Coinbase Users Poised to Contract: US Earnings Week Ahead

Disney+
Photographer: Tiffany Hagler-Geard/Bloomberg

Better-than-expected second-quarter results so far this reporting season have supported a rally in the S&P 500 Index, which is having its best earnings run in 25 years. About 75% of firms have exceeded estimates -- lower than the 87% for the whole season a year ago but still in-line with the pre-pandemic average, Bloomberg-compiled data shows. Yet with company executives on earnings calls discussing the potential for an economic slowdown more often than they have since April 2020, updates to company guidance may carry risk, as major reports this week from Uber to AMD brought full-year guidance cuts that came below estimates. 

Earnings highlights to look for next week: