Earnings season is in full swing, and as always some reports are more important than others. For stocks that are struggling, quarterly earnings represent a chance to change the narrative. But they also run the risk of making a bad situation worse.
Investors have been fairly encouraged this earnings season, with 73% of companies in the S&P 500 Index beating earnings. Since these companies are scraping by, however, they don’t get the same benefit of the doubt from Wall Street.
For these three stocks, next week’s second-quarter releases are particularly worth watching, as each one is looking to rebound from recent declines. The best way to start that would be to give investors a positive earnings surprise, so let’s take a look at what could be in store.