What to Watch in the Day Ahead - Wednesday, January 22

Amphenol

21/01/2025 19:30

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Consumer giant Procter & Gamble is scheduled to post a slight rise in second-quarter revenue,
driven by resilient demand for products like Tide detergent as well as Pantene shampoo in the US
and improving demand in China. Investors will look out for the company's comments on sentiment
regarding beauty product SK-II, the impact on supply from shut down of transportation management
service provider Blue Yonder and foreign currency headwinds.

Johnson & Johnson is set to release fourth-quarter results before markets open. Investors will
closely watch for the drug & device maker's 2025 profit and revenue forecast, as well as details
on its recent $14.6 billion acquisition of Intra-Cellular Therapeutics. The focus will also be
on the progress from integrating companies in the past year - such as heart device maker
Shockwave. Separately, Abbott Laboratories is expected to report its fourth-quarter results.
Investor focus will be on its 2025 forecasts and the performance of its heart devices and
continuous glucose monitors.

Textron will report fourth-quarter and fiscal 2024 results. The Cessna jet maker expects to see
continued impact from the September Wichita strike on quarterly profits. Analysts are also
eyeing the company's aircraft deliveries as supply chain issues persist, along with its
industrial segment volumes on weakening demand for its specialized vehicles.

Pipeline operator Kinder Morgan is expected to post a rise in fourth-quarter profit after
markets close. Investors will look out for the management's commentary on outlook for the year
ahead. On the same day, oilfield service company Halliburton is set to report a drop in profits
from the year-ago period, when it releases its fourth-quarter earnings. Investors will watch for
any comments on the outlook of the U.S. and international markets in 2025. 
    
GE Vernova is expected to report a sequential rise in fourth quarter core profit on Wednesday,
helped by growth in its electrification and power segment. Investors and analysts will look out
for comments on full-year expectation, and decisions related to the wind business.

Electronics equipment maker Amphenol could report a sharp rise in fourth-quarter revenue, as it
benefits from robust demand for its products used in IT, communications and defense sectors.

Insurance provider Travelers Companies is likely to post a higher fourth-quarter revenue, helped
by a rise in net premiums. Analyst and investor focus will be on the insurer's catastrophe
losses which are expected to weigh on profits after a destructive hurricane season. Executive
commentary on the LA wildfires and potential losses emerging from them are also in focus.
    
Discover Financial is set to report a surge in fourth-quarter profit, helped by higher interest
income and fewer rainy-day buffers for souring loans. Investors are expected to focus on credit
quality and outlook for loan growth. 

Steel Dynamics, in its fourth-quarter results, is expected to post weak profits, owing to
sustained steel price lows and an unplanned outage at the Butler mill.

Data from Canada's statistics agency is projected to show that producer prices in December rose
at the same rate of 0.6% observed in the previous month.
    

 (Compiled by Malini K; Editing by Vijay Kishore)
 ((Malini.K@thomsonreuters.com;))