Jasmine Birtles
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5 Stocks Reporting Earnings This Week You Should Know About
Moneymagpie Team
21st Oct 2026
It is one of the busiest weeks of the quarter for company results. If you are new to this, earnings are simply a company’s profits, and “reporting earnings” means it is publishing its latest scorecard, which can send the share price swinging. We have picked five household-name companies reporting this week and explained what the numbers mean. These are examples of what to watch, not recommendations to buy.
New to the idea? Our guide to how to start stock investing as a complete beginner covers the basics first. Expectations below come from analyst forecasts, which are not guarantees, and the share price often reacts to whether results beat or miss those forecasts, not just whether they are good.
1. Tesla (reports Wednesday 21 October, after the US market close)
What to know: The electric car maker is expected to post revenue of roughly $28.1 billion, broadly flat on a year ago, and adjusted earnings per share (profit per share) of around $0.45, down from $0.50 last year, according to Electrek’s earnings preview. Q3 car deliveries of 486,532 were down about 2% year on year but beat forecasts.
What to watch: Profit margins, which have been squeezed, plus spending on robotaxis and the Optimus robot. Tesla’s call starts at 5:30pm New York time, which is 10:30pm in the UK.
Key risk: big spending plans and falling profits can clash with a high share price.
2. Meta Platforms (reports Wednesday 21 October, after the US close)
What to know: The Facebook and Instagram owner is expected to report revenue of about $63.3 billion, up roughly 24% on last year, with earnings per share of around $6.53, per MarketPulse. Options markets are pricing in a share price move of around 7% either way.
What to watch: AI spending. Meta has guided to between $130 billion and $145 billion of capital expenditure (money spent on data centres and equipment) this year, and investors want signs it will pay off. Any early hint on 2027 spending could matter more than this quarter’s profit.
Key risk: if AI hopes cool, tech shares can fall hard. The call is at 9:30pm UK time.
3. Procter & Gamble (reports Thursday 22 October, before the US open)
What to know: The maker of Gillette, Pampers and Ariel is a classic “defensive” stock, meaning people keep buying its products whatever the economy does. Analysts expect adjusted earnings of about $1.89 per share for the quarter, down around 5% from $1.99 a year ago, according to a preview on Yahoo Finance. It has beaten profit forecasts in each of the past four quarters.
What to watch: Sales volumes and pricing. Growth has been sluggish and consumers are cautious, and the shares have lagged the wider US market over the past year.
Key risk: with UK inflation at 3.5% and fuel costs rising, shoppers may trade down to cheaper brands.
4. Spotify (reports Thursday 22 October)
What to know: The music streaming giant is expected to report revenue of about €4.95 billion, up roughly 16% year on year, and around 789 million monthly users and 305 million paying subscribers, according to a preview by research firm Inderes.
What to watch: Advertising growth, which is forecast to pick up to around 12% after a weak second quarter, and the guidance for the final three months of the year.
Key risk: after a strong share price run, expectations are high, so even good results can disappoint.
5. Fresnillo (already reported this morning, Wednesday 21 October)
What to know: A UK angle. FTSE 100 miner Fresnillo reported production for the third quarter in its 3Q26 Production Report. Silver output was 10.3 million ounces, down 11.6% on a year ago, and gold was 135.1 thousand ounces, down 10.7%. Even so, the company kept its full-year guidance unchanged and said it remains on track to meet it.
Why it matters: Gold is trading near record levels, so miners like Fresnillo are in the spotlight. But higher metal prices don’t help if a company digs up less.
Key risk: lower ore grades at some mines and maintenance at its Herradura site, which the company says affected output.
How should a beginner use this?
Earnings weeks are great for learning but can be tough on your nerves. Prices can jump or drop sharply within minutes of a report, and buying on the day often means paying after the move has happened.
What to do next
- Check what you already own. Many UK investors hold Meta, Tesla and others without realising, through global funds or tracker ETFs.
- Don’t chase the headline. A share can fall on “good” results if expectations were higher. Wait, read, then decide.
- Spread your risk. Individual company results can be dramatic. Index funds spread your money across hundreds of businesses.
- Use the calendar. Interactive Investor publishes a weekly calendar of US earnings dates, including whether companies report before or after the market opens.
- Start small and stay patient. You don’t need a big pot. See how much money you need to start investing in the UK.
Next week brings more big names, including Microsoft and Alphabet on Wednesday 28 October and Amazon on Thursday 29 October, according to Interactive Investor’s calendar.
Disclaimer: This article is for informational and educational purposes only and is not regulated financial advice, and the companies named are examples, not recommendations. Investing involves risk, and the value of your investments can go down as well as up, so you could get back less than you put in. Forecasts are estimates and may be wrong, and US shares carry currency risk for UK investors. Do your own research or speak to a regulated financial adviser before investing. Information was correct on 21 October 2026 and may change; Tesla and Meta results had not been published at the time of writing.
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