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Visa is Tuesday’s most material report, with investors looking for continued payments growth after a strong run in the stock. Coca-Cola, HSBC Holdings, Novartis, Boeing and S&P Global report before the open; Seagate Technology Holdings, Waste Management, Robinhood Markets and NXP Semiconductors follow after the close.

Key Reports Before The Bell

Coca-Cola (NYSE:KO) — Q3 — 6:55 a.m. ET

• EPS: $0.88 est. vs. $0.82 a year ago (+7%)
• Revenue: $12.93 billion est. vs. $12.46 billion a year ago (+4%)
• Stock: +5.2% past month, +32.2% YTD, 3.2% below its 52-week high
• Analyst view: Buy consensus, $97 target (12 analysts)

Coca-Cola has beaten estimates in all of its past eight quarters, putting the focus on whether volume momentum and its global marketing push can sustain the stock’s advance. In Q2, it beat on both EPS and revenue. On its July call, management pointed to organic growth, higher unit case volume and share gains in key regions, while flagging challenges in Asia Pacific tied to strategic investments. Piper Sandler maintained its Overweight rating while raising its target to $102 from $95 on Oct. 26.

HSBC Holdings (NYSE:HSBC) — Q3 — 1:00 a.m. ET

• EPS: $2.22 est. vs. $1.80 a year ago (+23%)
• Revenue: $19.09 billion est. vs. $17.79 billion a year ago (+7%)
• Stock: -9.6% past month, +16.1% YTD, 15.4% below its 52-week high

The bank’s report will test whether wealth management and transaction banking can offset the pressure reflected in its recent stock pullback. In Q2, it missed on EPS but beat revenue. On its April call, HSBC highlighted strong profit growth, wealth-management momentum, new invested assets and customer gains in Hong Kong.

Novartis (NYSE:NVS) — Q3 — 1:00 a.m. ET

• EPS: $2.24 est. vs. $2.25 a year ago
• Revenue: $14.56 billion est. vs. $13.91 billion a year ago (+5%)
• Stock: +5.6% past month, +11.4% YTD, 9.9% below its 52-week high
• Analyst view: Hold, $136 target (1 analyst)

Novartis enters the report with pipeline momentum competing for attention against a relatively measured growth outlook, making product launches and execution central to the read-through. In Q2, it beat on both EPS and revenue. On its July call, management reaffirmed 2026 guidance, citing low-single-digit sales growth alongside a decline in core operating income.

Boeing (NYSE:BA) — Q3 — 7:30 a.m. ET

• EPS: -$0.20 est. vs. -$7.47 a year ago (narrower loss)
• Revenue: $24.35 billion est. vs. $23.27 billion a year ago (+5%)
• Stock: -5.3% past month, -13.6% YTD, 26.3% below its 52-week high
• Analyst view: Buy consensus, $269 target (12 analysts)

Boeing’s key test is whether higher commercial deliveries and defense volume are translating into a credible cash-flow recovery while certification work continues. In Q2, it missed on EPS but beat revenue. On its July call, management said Boeing was on track to be free-cash-flow positive for the year, supported by increased production and commercial deliveries. Morgan Stanley maintained its Equal-Weight rating while cutting its target to $225 from $250 on Oct. 19.

S&P Global (NYSE:SPGI) — Q3 — 7:15 a.m. ET

• EPS: $4.42 est. vs. $4.73 a year ago (-7%)
• Revenue: $3.64 billion est. vs. $3.89 billion a year ago (-6%)
• Stock: +11.3% past month, -9.2% YTD, 18.7% below its 52-week high
• Analyst view: Buy consensus, $518 target (11 analysts)

S&P Global’s report will show whether benchmarks and its reshaped portfolio can keep carrying growth as investors look for operating leverage. In Q2, it missed on EPS but beat revenue. On its July call, management highlighted gains in benchmarks, margin expansion, the Mobility spin-off and acquisitions across its core divisions. JP Morgan maintained its Overweight rating while cutting its target to $520 from $530 on Oct. 14.

Key Reports After The Bell

Visa (NYSE:V) — Q4 — 4:05 p.m. ET

• EPS: $3.44 est. vs. $2.98 a year ago (+15%)
• Revenue: $12.09 billion est. vs. $10.72 billion a year ago (+13%)
• Stock: +9.8% past month, +15.1% YTD, 2.7% below its 52-week high
• Analyst view: Buy consensus, $440 target (13 analysts)

Visa has beaten estimates in all of its past eight quarters, leaving payment volume, cross-border activity and value-added services as the main gauges for whether its growth engine remains durable. In Q3, it beat on both EPS and revenue. On its July call, management pointed to a 14% increase in net revenue, higher EPS and quarterly payments volume above $4 trillion. Susquehanna maintained its Positive rating while raising its target to $480 from $427 on Oct. 26.

Seagate Technology Holdings (NASDAQ:STX) — Q1 — 4:05 p.m. ET

• EPS: $7.36 est. vs. $2.61 a year ago (+182%)
• Revenue: $4.13 billion est. vs. $2.63 billion a year ago (+57%)
• Stock: -28.3% past month, +138.8% YTD, 42.7% below its 52-week high
• Analyst view: Buy consensus, $1,094 target (14 analysts)

Seagate has beaten estimates in seven of its past eight quarters, but its sharp recent selloff raises the bar for an update on mass-capacity storage demand from cloud and AI customers. In Q4, it beat on both EPS and revenue. On its July call, management highlighted fiscal 2026 growth driven by mass-capacity storage and reported record free-cash-flow margin. Cantor Fitzgerald maintained its Overweight rating while cutting its target to $1,000 from $1,300 on Oct. 26.

Waste Management (NYSE:WM) — Q3 — 5:00 p.m. ET

• EPS: $2.18 est. vs. $1.98 a year ago (+10%)
• Revenue: $6.81 billion est. vs. $6.44 billion a year ago (+6%)
• Stock: +16.3% past month, +9.5% YTD, 2.9% below its 52-week high
• Analyst view: Buy consensus, $256 target (12 analysts)

Waste Management’s report will be judged on pricing, collection volumes and whether investments in recycling and renewable energy can continue expanding margins. In Q2, it beat on EPS but missed revenue. On its July call, management highlighted margin expansion and stronger recycling and renewable-energy operations. Morgan Stanley maintained its Equal-Weight rating while cutting its target to $220 from $230 on Oct. 13.

Robinhood Markets (NASDAQ:HOOD) — Q3 — 4:05 p.m. ET

• EPS: $0.56 est. vs. $0.61 a year ago (-8%)
• Revenue: $1.43 billion est. vs. $1.27 billion a year ago (+12%)
• Stock: -22.1% past month, -17.7% YTD, 38.3% below its 52-week high
• Analyst view: Buy consensus, $138 target (23 analysts)

Robinhood has beaten estimates in six of its past eight quarters, but the stock’s recent slide puts trading activity, net deposits and the durability of its growth mix at the center of the report. In Q2, it beat on both EPS and revenue. On its July call, management highlighted record revenue and net deposits, including $22 billion of net deposits. Rosenblatt started coverage at Buy with a $135 target on Oct. 21.

NXP Semiconductors (NASDAQ:NXPI) — Q3 — 4:10 p.m. ET

• EPS: $4.05 est. vs. $3.11 a year ago (+30%)
• Revenue: $3.76 billion est. vs. $3.02 billion a year ago (+25%)
• Stock: +4.2% past month, +14.3% YTD, 27.0% below its 52-week high
• Analyst view: Hold consensus, $288 target (11 analysts)

NXP has beaten estimates in all of its past eight quarters, but investors will be looking for sustained automotive demand and evidence that recent estimate pressure has stabilized. In Q2, it beat on both EPS and revenue. On its July call, management pointed to automotive growth tied to software-defined vehicles, electrification and connectivity. Citigroup downgraded the stock to Neutral from Buy and cut its target to $260 from $370 on Oct. 8.

Also Reporting Before The Bell

• Corning (NYSE:GLW) — $0.88 EPS on $5.03 billion revenue
• HCA Healthcare (NYSE:HCA) — $6.65 EPS on $19.33 billion revenue
• Freeport-McMoRan (NYSE:FCX) — $0.82 EPS on $7.34 billion revenue
• Johnson Controls International (NYSE:JCI) — $1.58 EPS on $7.03 billion revenue
• United Parcel Service (NYSE:UPS) — $1.63 EPS on $22.27 billion revenue
• American Tower (NYSE:AMT) — $2.78 EPS on $2.76 billion revenue
• Sherwin-Williams (NYSE:SHW) — $3.68 EPS on $6.78 billion revenue
• Ecolab (NYSE:ECL) — $2.18 EPS on $4.69 billion revenue
• Hilton Worldwide Holdings (NYSE:HLT) — $2.36 EPS on $3.37 billion revenue
• Illinois Tool Works (NYSE:ITW) — $2.98 EPS on $4.26 billion revenue
• Royal Caribbean Group (NYSE:RCL) — $6.38 EPS on $5.61 billion revenue
• PACCAR (NASDAQ:PCAR) — $1.60 EPS on $7.54 billion revenue

Industrials: Xylem (XYL), Hubbell (HUBB), TransUnion (TRU), Lincoln Electric Holdings (LECO), Watsco (WSO), Applied Industrial Technologies (AIT), Innio (INIO), Pentair (PNR), Armstrong World Industries (AWI) and Herc Holdings (HRI).

Financials: PayPal Holdings (PYPL), SoFi Technologies (SOFI), Ares Capital (ARCC), Invesco (IVZ), Central Bancompany (CBC), Community Financial System (CBU), AllianceBernstein Holding (AB), Galaxy Digital (GLXY) and Euronet Worldwide (EEFT).

Health care: IQVIA Holdings (IQV), Centene (CNC), Repligen (RGEN) and Kiniksa Pharmaceuticals International (KNSA).

Consumer discretionary: Travel+Leisure (TNL), Asbury Automotive Group (ABG) and Polaris (PII).

Utilities: CenterPoint Energy (CNP) and CMS Energy (CMS).

Technology: CommVault Systems (CVLT) and Itron (ITRI).

Also on the calendar: Smithfield Foods (SFD) and Millrose Properties (MRP).

Plus 15 companies valued between $100 million and $2 billion, including CTS, Esquire Financial Holdings and JetBlue Airways.

Also Reporting After The Bell

• ONEOK (NYSE:OKE) — $1.49 EPS on $10.66 billion revenue
• Baker Hughes (NASDAQ:BKR) — $0.62 EPS on $7.75 billion revenue
• Teradyne (NASDAQ:TER) — $2.05 EPS on $1.27 billion revenue
• Ventas (NYSE:VTR) — $0.98 EPS on $1.78 billion revenue
• Arch Capital Group (NASDAQ:ACGL) — $2.25 EPS on $3.93 billion revenue
• EQT (NYSE:EQT) — $0.37 EPS on $1.78 billion revenue
• Extra Space Storage (NYSE:EXR) — $2.10 EPS on $776.5 million revenue
• FirstEnergy (NYSE:FE) — $0.90 EPS on $4.29 billion revenue
• LPL Financial Holdings (NASDAQ:LPLA) — $5.69 EPS on $5.35 billion revenue
• F5 (NASDAQ:FFIV) — $4.07 EPS on $885.0 million revenue
• PPG Industries (NYSE:PPG) — $2.12 EPS on $4.28 billion revenue
• Expand Energy (NASDAQ:EXE) — $1.31 EPS on $1.85 billion revenue

Financials: RenaissanceRe Holdings (RNR), UMB Financial (UMBF), Lufax Holding (LU), Renasant (RNST), First Financial Bancorp (FFBC), Seacoast Banking Corp of Florida (SBCF), Slide Insurance Holdings (SLDE), Banc of California (BANC), NBT Bancorp (NBTB), Trustmark (TRMK), First Busey (BUSE), Artisan Partners Asset Management (APAM), Bank of N.T Butterfield & Son (NTB) and First Commonwealth Financial (FCF).

Real estate: Essex Property Trust (ESS), W.P. Carey (WPC), CoStar Group (CSGP), BXP (BXP), Stag Industrial (STAG), Highwoods Properties (HIW) and InvenTrust Properties (IVT).

Technology: Logitech International (LOGI), Manhattan Associates (MANH), Enphase Energy (ENPH), Mirion Technologies (MIR), Intapp (INTA) and Rogers (ROG).

Industrials: Crane (CR), Zurn Elkay Water Solutions (ZWS), Rush Enterprises (RUSHB), ExlService Holdings (EXLS), Sensata Technologies Holding (ST) and Landstar System (LSTR).

Health care: Icon (ICLR), Universal Health Services (UHS), Ensign Group (ENSG) and Chemed (CHE).

Consumer discretionary: Caesars Entertainment (CZR), Cheesecake Factory (CAKE) and Monarch Casino & Resort (MCRI).

Energy: Range Resources (RRC) and NOV (NOV).

Plus 21 companies valued between $100 million and $2 billion, including Ultra Clean Holdings, Werner Enterprises and National Bank Holdings.

Benzinga Earnings Calendar