Diageo PLC (LSE:DGE) brought out conflicting thoughts from brokers ahead of its half-year numbers.
Indications about downtrading trends and inflation impacts on demand across the US, Europe and Africa, along with volatility in China were all reasons given by one analyst behind its estimate cuts.
Elsewhere in the drinks sector, analyst opinions are also mixed about FeverTree ahead of a trading update, with costs and margin guidance from the mixer manufacturer expected to be crucial.
Wizz Air Holdings PLC (AIM:WIZZ) follows peer easyJet, with its shares having outperformed its sector rivals and investor hopes that although the outlook will be bullish on cutting losses and unveil details about its Saudi Arabian plans.
Online CFD and stock broker IG Group Holdings Plc (LSE:IGG) is also scheduled to report on a mostly positive first half.
We last heard from the FTSE 250-listed company back in September, when it said revenue for the first quarter increased 11%, though recent updates from rivals pointed to a slight slowdown in December.
Stateside, the focus is on financials, with Blackstone and Mastercard earnings before the opening bell and Visa’s after the close.
Significant announcements
Finals: IDOX PLC (AIM:IDOX)
Interims: Diageo PLC (LSE:DGE), IG Group PLC, Rank Group PLC (LSE:RNK), Time Finance plc (AIM:TIME)
Trading updates: 3i Group PLC (LSE:III), Entain-BetMGM, Fevertree PLC, Intermediate Capital Group (LSE:ICP) PLC, St James Place PLC, Tate & Lyle PLC (LSE:TATE), Wizz Air Holdings PLC (AIM:WIZZ)
AGMs: Auction Technology Group PLC (LSE:ATG), Barings Emerging EMEA Opportunities PLC, Britvic PLC (LSE:BVIC), Greencore Group PLC (LSE:GNC), Henderson European Focus Trust PLC (LSE:HEFT)
Economic updates: Balance of Trade (US), Durable Goods Orders (US), Gross Domestic Product (US), Initial Jobless Claims (US), Personal Consumption Expenditures (US), New Homes Sales (US)
US earnings Thursday: Visa, Blackstone, Mastercard, Intel Corp