Earnings Expectations For The Week Of October 27: Facebook, Exxon, Pfizer And Much More

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Lots more
earnings
are on tap this week, from social media giants like
Facebook
and
Twitter
to petroleum supermajors
Exxon
and
Chevron
, from major pharmaceutical makers
Merck
and
Pfizer
to consumer goods giants like
Altria
and
Avon Products
. Here is a quick look at what analysts are expecting from some of this week's most prominent quarterly reports.

Social Media

Facebook IncFB
reports late Tuesday and
Twitter IncTWTR
reports late Monday. Expectations are high for the former, with consensus estimates for earnings per share (EPS) up more than 37 percent to $0.40 and revenue of $3.12 billion, or more than 54 percent higher than a year ago. The estimates for the latter call for EPS of $0.01 -- its first forecast profit, but a penny less than the EPS in the previous quarter-- and revenue of $351.35 million. Twitter has yet to fall short of EPS expectations since its initial public offering.
LinkedIn
is also expected to post earnings growth this week, while an EPS decline is projected for
Groupon
. See also:
Benzinga Weekly Preview: Busy Week Filled With Market Moving Data

Big Oil

Declines in both EPS and revenue are predicted for both
Chevron CorporationCVX
and
Exxon Mobil CorporationXOM
when the company's share their latest results before Friday's opening bell. For the former, EPS of $2.56 (down by a penny) are expected, and for the latter $1.73 (down by $0.06). Revenue of $52.97 billion (down less than 10 percent) and $105.51 billion (down about 6 percent), respectively, are forecast. Year-over-year earnings declines are also expected from
BP
and
ConocoPhillips
this week. But look for growth on the bottom line from
Anadarko Petroleum, Marathon Petroleum, National Oilwell Varco
and
Phillips 66
, as well as smaller EPS from
Noble
and flat EPS from
Williams Companies
, if analysts are correct.
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Drug Makers

Among drug makers and biotech companies, results from
Pfizer Inc.PFE
and
Merck & Co., Inc.MRK
will be highlights this week. For the former, the consensus forecast calls for $0.55 EPS and sales of $12.22 billion, down from $0.58 and $12.58 billion in the same period of last year. Earnings of $0.88 per share on revenue of $10.67 billion are expected from the latter. That would be down from $0.92 per share and $11.03 billion in the year-ago period. Declines on the top and bottom lines are forecast for both companies in the current quarter as well. Merck reports first thing Monday and Pfizer before the markets open Tuesday. Expectations for
Gilead Sciences
are higher, with strong results expected for the most recent quarter. Earnings growth is also predicted for
Amgen
, but lower EPS for
AbbVie
and
Teva Pharmaceuticals
.

Consumer Goods

A variety of consumer goods makers step into the earnings spotlight this week, with both
Altria Group IncMO
and
Avon Products, Inc.AVP
set to report Thursday morning. From the cigarette maker, EPS of $0.68 (up more than 4 percent) and sales of $4.73 billion (up less than 3 percent) are expected. The cosmetics purveyor will say that EPS were $0.03 higher to $0.17 while revenue slipped about 7 percent to $2.16 billion, if forecasts are accurate. Both Altria and Avon missed EPS estimates by a penny in the previous period. Look for earnings gains this week too from
Anheuser-Busch, Electronic Arts, Glu Mobile, Goodyear Tire, Hershey, Kraft Foods
and
Starbucks
, if analysts are correct, but for EPS to have shrunk at Coach. See also:
Barron's Recap: A Look Inside Schwab

Financial

Visa IncV
is scheduled to report after the closing bell on Thursday, followed by competitor
MasterCard IncMA
the following morning. EPS gains are on tap for both of them, according to consensus forecasts: nearly 12 percent to $2.10 for Visa, and more than 4 percent to $0.78 for MasterCard. Both EPS estimates are unchanged in the past 60 days. Visa's revenue for the quarter is expected to be more than 7 percent higher than a year ago to $3.19 billion, while the revenue for the other is believed to be up more than 10 percent to $2.45 billion. The rate of revenue growth for both is expected to increase in the current quarter, which includes the holiday shopping season.

And Others

Analysts are looking for posted EPS gains this week also from
Baidu, Eaton, Express Scripts, MetLife, MGM Resorts, Sirius XM, Time Warner Cable, T-Mobile US, U.S. Steel and Weyerhaeuser. But earnings declines are forecast for Dominion Resources, JDS Uniphase, Seagate Technology and Southern Company, as well as a narrower net loss for Alcatel-Lucent. Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.
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