Space Exploration Technologies headlines Tuesday’s reports, with investors focused on whether Starlink growth and launch activity can justify the company’s scale. GE Aerospace, RTX, 3M, General Motors and Northrop Grumman report before the open; Netflix, Intuitive Surgical, Chubb and Capital One Financial follow after the close.

Key Reports Before The Bell

GE Aerospace (NYSE:GE) — Q3 — 6:22 a.m. ET

• EPS: $2.01 est. vs. $1.66 a year ago (+21%)
• Revenue: $12.83 billion est. vs. $12.18 billion a year ago (+5%)
• Stock: -0.3% past month, +1.7% YTD, 19.4% below its 52-week high
• Analyst view: Buy consensus, $409 target (10 analysts)

GE Aerospace is expected to extend its run of earnings beats, with investors watching whether commercial aerospace demand and operating execution can support another strong quarter. In Q2, it beat on both EPS and revenue. On its July call, management highlighted higher orders, revenue and free cash flow, alongside a full-year guidance increase. Wells Fargo maintained its Overweight rating while cutting its target to $380 from $390 in September.

RTX (NYSE:RTX) — Q3 — 6:55 a.m. ET

• EPS: $1.78 est. vs. $1.70 a year ago (+5%)
• Revenue: $24.09 billion est. vs. $22.48 billion a year ago (+7%)
• Stock: -0.1% past month, +5.6% YTD, 14.9% below its 52-week high
• Analyst view: Buy consensus, $226 target (8 analysts)

RTX heads into the report with commercial and defense demand as the key read-through, particularly after recent target cuts across the analyst group. In Q2, it beat on both EPS and revenue. On its July call, management pointed to record backlog and roughly $20 billion each in commercial and defense bookings. RBC Capital maintained its Outperform rating while cutting its target to $235 from $250 on Oct. 15.

3M (NYSE:MMM) — Q3 — 6:30 a.m. ET

• EPS: $2.39 est. vs. $2.19 a year ago (+9%)
• Revenue: $6.61 billion est. vs. $6.30 billion a year ago (+5%)
• Stock: -1.5% past month, +2.0% YTD, 11.9% below its 52-week high
• Analyst view: Hold consensus, $181 target (7 analysts)

3M is expected to build on improving organic growth and margins, with the report testing whether last quarter’s operational momentum can continue. In Q2, it beat on both EPS and revenue. On its July call, management cited organic growth, margin expansion and strong cash-flow conversion while raising full-year guidance. JP Morgan maintained its Overweight rating while cutting its target to $185 from $205 on Oct. 9.

General Motors (NYSE:GM) — Q3 — 6:30 a.m. ET

• EPS: $3.61 est. vs. $2.80 a year ago (+29%)
• Revenue: $48.65 billion est. vs. $48.59 billion a year ago
• Stock: +0.6% past month, +1.7% YTD, 9.8% below its 52-week high
• Analyst view: Buy consensus, $107 target (14 analysts)

General Motors is expected to post sharply higher EPS on nearly flat revenue, putting pricing, vehicle volumes and the durability of its margin gains at the center of the report. In Q2, it beat on both EPS and revenue. On its July call, management cited stronger internal-combustion volumes, improved pricing and progress in software and defense while raising its 2026 outlook. JP Morgan maintained its Overweight rating while cutting its target to $110 from $120 on Oct. 12.

Northrop Grumman (NYSE:NOC) — Q3 — 6:50 a.m. ET

• EPS: $7.19 est. vs. $7.67 a year ago (-6%)
• Revenue: $11.11 billion est. vs. $10.42 billion a year ago (+7%)
• Stock: -2.2% past month, -9.5% YTD, 33.6% below its 52-week high
• Analyst view: Hold consensus, $589 target (12 analysts)

The defense contractor is expected to grow revenue while EPS declines, making margin execution and the conversion of its large backlog the key pressure points after a steep year-to-date slide. In Q2, it beat on both EPS and revenue. On its July call, management pointed to strong awards and record backlog but acknowledged margin pressure from negative estimate-at-completion adjustments in Space and Defense Systems. Bernstein maintained its Market Perform rating while cutting its target to $556 from $620 on Oct. 14.

Key Reports After The Bell

Space Exploration Technologies (NASDAQ:SPCX) — Q3 — 4:00 p.m. ET

• EPS: $0.16 est.
• Revenue: $12.94 billion est.
• Stock: -3.7% past month, 34.8% below its 52-week high
• Analyst view: Buy consensus, $233 target (30 analysts)

Space Exploration Technologies is expected to show whether Starlink subscriber additions, launch activity and its emerging AI business can sustain growth at a roughly $1.96 trillion valuation. In Q2, it beat on both EPS and revenue. On its August call, management highlighted strong EBITDA growth, Starlink additions and progress toward larger Starship payloads. Evercore ISI Group maintained its Outperform rating while raising its target to $275 from $230 on Oct. 16.

Netflix (NASDAQ:NFLX) — Q3 — 4:01 p.m. ET

• EPS: $0.82 est. vs. $0.59 a year ago (+40%)
• Revenue: $12.87 billion est. vs. $11.51 billion a year ago (+12%)
• Stock: -2.7% past month, -25.5% YTD, 44.1% below its 52-week high
• Analyst view: Buy consensus, $90 target (25 analysts)

Netflix is expected to deliver substantial EPS growth, but the larger question is whether subscriber trends, pricing and advertising can reverse a stock decline of more than 25% YTD. In Q2, it beat on EPS but missed revenue. On its July call, management pointed to healthy membership, pricing and ad revenue while describing FX-neutral growth as moderating. BMO Capital maintained its Outperform rating while cutting its target to $125 from $135 on Oct. 16.

Intuitive Surgical (NASDAQ:ISRG) — Q3 — 4:05 p.m. ET

• EPS: $2.54 est. vs. $2.40 a year ago (+6%)
• Revenue: $2.90 billion est. vs. $2.50 billion a year ago (+16%)
• Stock: +10.2% past month, 28% below its 52-week high
• Analyst view: Buy consensus, $516 target (21 analysts)

Intuitive Surgical is expected to extend its streak of quarterly beats, with procedure growth and adoption of its da Vinci and Ion systems the main tests after a sharp monthly rebound. In Q2, it beat on both EPS and revenue. On its July call, management cited higher procedure volumes and recurring revenue, with especially strong growth in Ion procedures. BTIG maintained its Buy rating while cutting its target to $454 from $469 on Oct. 12.

Chubb (NYSE:CB) — Q3 — 4:05 p.m. ET

• EPS: $6.74 est. vs. $7.49 a year ago (-10%)
• Revenue: $14.15 billion est. vs. $12.93 billion a year ago (+9%)
• Stock: +4.7% past month, +14.3% YTD, 2.8% below its 52-week high
• Analyst view: Hold consensus, $365 target (12 analysts)

Chubb is expected to grow revenue even as EPS falls year over year, leaving underwriting margins, catastrophe losses and investment income as the key variables for a stock trading near its 52-week high. In Q2, it beat on EPS but missed revenue. On its July call, management highlighted strong property-and-casualty underwriting and investment performance, with a combined ratio of 83.8%. Wells Fargo maintained its Equal-Weight rating while cutting its target to $343 from $356 on Oct. 12.

Capital One Financial (NYSE:COF) — Q3 — 4:05 p.m. ET

• EPS: $5.49 est. vs. $5.95 a year ago (-8%)
• Revenue: $16.22 billion est. vs. $15.36 billion a year ago (+6%)
• Stock: -1.2% past month, -17.5% YTD, 23.0% below its 52-week high
• Analyst view: Buy consensus, $249 target (14 analysts)

Capital One Financial is expected to post lower EPS despite revenue growth, keeping credit performance, card spending and the integration of Discover at the center of the investor debate. In Q2, it beat on both EPS and revenue. On its July call, management discussed card growth and credit performance while noting higher expenses tied to the Discover and Brex acquisitions. JP Morgan maintained its Overweight rating while cutting its target to $227 from $246 on Oct. 12.

Also Reporting Before The Bell

• MSCI (NYSE:MSCI) — $5.01 EPS on $886.7 million revenue
• Halliburton (NYSE:HAL) — $0.58 EPS on $5.58 billion revenue
• Synchrony Financial (NYSE:SYF) — $2.42 EPS on $4.01 billion revenue
• KeyCorp (NYSE:KEY) — $0.46 EPS on $2.05 billion revenue
• Equifax (NYSE:EFX) — $2.20 EPS on $1.69 billion revenue
• Genuine Parts (NYSE:GPC) — $2.05 EPS on $6.49 billion revenue
• Hasbro (NASDAQ:HAS) — $1.85 EPS on $1.48 billion revenue
• Ally Financial (NYSE:ALLY) — $1.33 EPS on $2.29 billion revenue
• Vicor (NASDAQ:VICR) — $1.27 EPS on $187.1 million revenue
• Valmont Industries (NYSE:VMI) — $5.73 EPS on $1.11 billion revenue
• Commerce Bancshares (NASDAQ:CBSH) — $1.07 EPS on $495.6 million revenue
• Atlantic Union Bankshares (NYSE:AUB) — $0.96 EPS on $392.5 million revenue

Also on the calendar: United Community Banks (UCB).

Plus 4 companies valued between $100 million and $2 billion, including Dime Commercial Bancshares, Peoples Bancorp and Mercantile Bank.

Also Reporting After The Bell

• America Movil SAB de CV (NYSE:AMX) — $0.46 EPS on $14.50 billion revenue
• United Airlines Holdings (NASDAQ:UAL) — $2.59 EPS on $17.89 billion revenue
• East West Bancorp (NASDAQ:EWBC) — $2.72 EPS on $810.9 million revenue
• Annaly Capital Management (NYSE:NLY) — $0.78 EPS on $548.9 million revenue
• Equity Lifestyle Properties (NYSE:ELS) — $0.79 EPS on $402.8 million revenue
• Agree Realty (NYSE:ADC) — $1.11 EPS on $212.5 million revenue
• Pegasystems (NASDAQ:PEGA) — $0.43 EPS on $422.7 million revenue
• Hancock Whitney (NASDAQ:HWC) — $1.66 EPS on $420.7 million revenue
• Bank OZK (NASDAQ:OZK) — $1.43 EPS on $433.6 million revenue
• Alaska Air Group (NYSE:ALK) — $0.29 EPS on $4.32 billion revenue
• Neptune Insurance Holdings (NYSE:NP) — $0.15 EPS on $56.1 million revenue

Also on the calendar: Nicolet Bankshares (NIC), Stride (LRN) and Grupo Simec SAB de CV (SIM).

Plus 5 companies valued between $100 million and $2 billion, including QCR Holdings, Metropolitan Bank Holding and Orrstown Financial Services.

Benzinga earnings calendar