14 earnings reports to watch in the week ahead via ForexLive

Some disappointing readings on the US consumer were one of the catalysts for the sell-off in stocks this week and the broader risk-off tone. Here are some bellwethers to watch in the week ahead:

Monday:

Citigroup – The often-problematic banking giant reports in the pre-market. The street is expecting earnings of $1.06 on $18.8B in revenue. There has been talk of a tough quarter for fixed income revenue on Wall Street and Citi's earnings could set the tone for the week.

Tuesday:

Goldman Sachs and JPMorgan – The vampire squid reports in the pre-market along with JPMorgan. Earnings estimates have fallen 5.4% at GS in the past month and are at $3.09/share, the rumors about soft fixed income earnings centred on Goldman but that's just the kind of thing they'd do so insiders could buy ahead of a big quarter. JPM estimates haven't fallen as much.

Johnson & Johnson – The medical, pharmaceutical and consumer packaged goods giant could have some insight on the US consumer but executives are not usually forthcoming.

Intel – Intel is a major tech and investment bellwether. The company's expected to earn 53-cents on $13.69B in sales when it reports after the bell.

Wednesday:

Bank of America – The financials continue on Wednesday but by this point the broader market should have a fairly good handle on what's happening in the sector but watch out for a big surprise.

Blackrock – The world's largest asset manager could have some insights on the broader economy or investing environment.

Las Vegas Sands – Only degenerates gamble but they gamble more when the economy is roaring. Las Vegas is a good proxy for the consumer, the company also has a sense of the environment in Macau. Earnings out after the close.

Yum! Brands – The parent of Taco Bell, KFC and Pizza Hut among others should have some insight on the consumer. Earnings out after the close and expected at 72-cents or $3.23B in revenue.

Thursday:

Canadian Pacific – This high-flying railway stock offers some insight into the demand for Canadian goods but it's often skewed by the boom in demand for shipping oil via rail. Revenue expected at $1.65B, before the bell.

Morgan Stanley – The last of the big Wall Street firms to report.

AMD – The second chipmaker to report. Hopefully they confirm whatever Intel says so we have a better sense of the trend. After market close.

Google – The market for ad revenue offers some insight for the broader economy. After market close.

Friday:

General Electric – The industrial giant reports before the market open and they have insight on the entire global economy. The company is focusing on boosting margins so the fear is they could announce spending cuts, which is not what the Fed wants to see.

Whirlpool – the company is the world's largest seller of home appliances and those big ticket items are the things that consumers buy when they're feeling good about the economy. The day isn't confirmed but Friday morning is most likely.

posted via ForexLive