Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that had
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Ball Corp (NYSE: BALL) reported a Q4 2023 net sales decline of 4.1% Y/Y, with adjusted EPS of $0.78 beating consensus. Sales were down in all segments except South America. The company plans to halt production at a facility in 2024 and use proceeds to reduce debt and increase shareholder value.
Companies Reporting Before The Bell
• ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter.
• Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion.