Several companies scheduled to release quarterly results next week could see their shares take a dive after Wall Street analysts lowered their latest earnings estimates.
As of Tuesday, 19% of S & P 500 companies had reported, with earnings and revenue coming in at 6.1% and 1.4% above analysts' expectations, respectively, according to LSEG.
But a host of stocks could take a hit next week, after analysts slashed their earnings expectations in recent months.
Estimates have dropped nearly 37% over the past three months and more than 84% in the past six.
HUM 3M mountain Humana shares over the past three months.
Persons:
Humana
Organizations:
Wall, CNBC Pro, Intel, CNBC, Cybersecurity Association of China, Humana, Bloomberg News, CF Industries, CF
Locations:
China, Northbrook , Illinois