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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Banks

BP, Greggs and Diageo results due on Tuesday, plus Pfizer in US

On Tuesday comes big oil, booze and sausage rolls, with BP PLC (LSE:BP.) and Greggs.

Like peer Shell a week earlier, BP’s second-quarter results are expected to see a significant slowdown driven by lower commodity prices, but still strong enough cashflows to funnel plenty of returns for shareholders.

Diageo PLC (LSE:DGE) reports for the first time since the death of its chief executive Ivan Menezes last month.

The focus will be on business though, with analysts disagreeing on prospects for the Johnnie Walker and Guinness maker, though a global trend towards Scotch whisky consumption is one sure movement, Barclays said recently.

Over at the sausage-roll king, Greggs PLC (LSE:GRG) which two months ago warned that high costs were likely to stick around, we should see in the results if sales are slowing more than inflation.

In the US, the Tuesday reporters include Pfizer, where analysts aren’t overly optimistic about the pharma company’s second quarter.

Significant results announcements

Finals: Filtronic PLC (LSE:FTC)

Interims: BP PLC (LSE:BP.), Diageo PLC, Domino’s Pizza Group PLC, Fresnillo PLC (LSE:FRES), Greggs PLC, Robert Walters PLC (LSE:RWA), Staffline Group PLC (AIM:STAF), Travis Perkins (LSE:TPK) PLC

Trading updates: Virgin Money UK PLC (LSE:VMUK)

US earnings: Caterpillar, Merck & Co, Pfizer, Advanced Micro Devices, MicroStrategy, Pinterest, Starbucks, Uber Technologies, Virgin Galactic

AGMs: NextEnergy Solar Fund Ltd (LSE:NESF), Syncona Limited (LSE:SYNC)

Economic announcements: BRC Shop Price Index (UK), Nationwide House Price Index (UK), PMI Manufacturing (UK), PMI Manufacturing (US), Construction Spending (US), ISM Manufacturing (US), Auto Sales (US)

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