3 Stocks To Monitor In The Upcoming Week

3 stocks to monitor in the upcoming week are Disney, Airbnb and Simon Property Group. Here are the details on the aforementioned stocks..

Investors are now turning their eyes to macroeconomic data after strong quarterly results released by some of the largest U.S. companies in recent weeks. With the non-farm payroll report for April on Friday falling behind the forecasts, speculation that the FED might keep interest rates low for a long time if the country's economy does not recover, has spiked. After the employment report was released, all of the sectors in the S&P 500 rose. Technology competed for the top with Circulars, Energy and Industry. The Russell 1000 Value and Russell 1000 Growth indices closed Friday with 0.8 percent gains, after value stocks performed their best every day in the past week. The shares of 3 companies that are preparing to present their quarterly reports next week are examined below. 1. Disney Walt Disney Company (NYSE: DIS) will announce fiscal 2021 second quarter results after the market close on Thursday, May 13th. Analysts forecast $ 0.27 per share with revenue of $ 15.86 billion. As the economy begins to reboot and the company's amusement parks are gradually returning to full capacity, investors will focus on subscriber growth values ​​in the Disney + streaming service, taking advantage of the stay-at-home era. The company's shares have gained 75 percent in the past year, after declining nearly 40 percent in March 2020. The shares closed Friday at $ 184.84. 2. Airbnb Home rental platform Airbnb (NASDAQ: ABNB) will announce its first quarter results after the market close on Thursday. Analysts' expectations were $ 1.05 loss per share with $ 718 million in revenue. Airbnb was one of the biggest hit by the pandemic, and was on the verge of delaying its initial public offering plans in December, following the collapse in demand for rental homes on the platform. In April last year, there was a 72 percent decrease in bookings for homes and experiences. On the other hand, the acceleration of vaccination efforts in developed countries is expected to increase the number of bookings in the summer period, and some analysts say the worst is behind for the company. The Airbnb share, which gained 3 percent this year, completed Friday at $ 151.21. 3. Simon Property Simon Property Group (NYSE: SPG), the largest mall operator in the US, will announce its first quarter results after the market close on Tuesday, May 11. Analysts expected revenue of $ 1.1 billion and a profit of $ 2.27 per share. The stocks, which recovered sharply after the March crash when investors expected an excessive decline for the company, showed that they would make a very good return during the epidemic. The shares, which gained more than 119 percent value in the last year, closed on Friday at $ 124.94.   Source: Investing.com