Stocks to Watch: Alphabet, Microsoft, and Meta Ahead of Earnings Reports

This Wednesday morning, U.S. stock futures are showing a mixed performance, and several stocks are likely to attract investor attention today.

• Wall Street analysts are anticipating that Meta Platforms, Inc. (META) will announce quarterly earnings of $5.25 per share along with revenues reaching $40.29 billion when it reports after the market closes. Following this forecast, Meta shares saw a rise of 2.3%, priced at $606.90 in after-hours trading.
• Alphabet Inc. (GOOGL) delivered impressive third-quarter results on Tuesday, reporting a revenue of $88.27 billion, which reflects a 15% year-over-year increase. This total surpassed the Street's consensus estimate of $86.31 billion. In after-hours trading, Alphabet shares jumped 5.8% to $179.50.
• For Microsoft Corp. (MSFT), analysts project quarterly earnings of $3.10 per share alongside revenues of $64.51 billion. The company is set to release its earnings after market close, and its stock rose 1.2% to $437.06 in after-hours trading.

In other earnings news, Visa Inc. (V) reported positive results for its fourth quarter after Tuesday's closing bell. Visa's quarterly earnings came in at $2.71 per share, exceeding the analyst consensus of $2.58 per share, which led to a 1.8% increase in Visa shares, putting them at $286.93 during after-hours trading.

On a different note, analysts are expecting Caterpillar Inc. (CAT) to announce quarterly earnings of $5.36 per share, with a projected revenue of $16.28 billion before market opens. However, Caterpillar shares slightly dipped by 0.1% to $387.21 in after-hours trading.

Keep an eye on these companies as their earnings reports may have significant implications for their stock prices and market performance.

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