Google, Netflix And Big Banks Highlight This Week's Earnings Expectations

Second-quarter

season kicks into high gear this week, with big banks, tech giants, conglomerates and many others on tap to share their latest quarterly results. Among the most prominent reports scheduled for this week are those from

,

and

, from which Wall Street analysts on average expect year-over-year earnings growth. However, consensus estimates call for shrinking earnings from

,

,

and

. Here is a brief day-by-day run down of what is expected from these and some of the week's other most anticipated reports. See also:

Bank of the Ozarks is the most notable report scheduled for Monday, and analysts expect to see earnings growth for the quarter.

Before the markets open, JPMorgan and Wells Fargo are scheduled to share their most recent results. Estimize forecasts call for earnings per share (EPS) of $1.48 (54 estimates) and $1.06 (41 estimates), respectively. That would be marginal decline for the former and marginal growth for the latter, relative to the year-ago period. As far as revenue, the consensus forecasts have JPMorgan posting $24.69 billion and Wells Fargo offering up $21.69 billion. Reflecting the earnings, that would be a year-on-year decline of more than 3 percent for the former and a gain of about 3 percent for its San Francisco-based peer. Also on Tuesday, look for earnings growth from

but smaller bottom line results from

and

, if Wall Street forecasts come to pass.

EPS are expected to be the same as in the year-ago period.

After the regular trading session wraps up, Intel steps onto the earnings stage. The consensus forecast of 70 Estimize respondents calls for $0.52 EPS and $13.30 billion in revenue. That would be down from the $0.55 per share on $13.83 billion posted in the second quarter of last year. Netflix is also scheduled to report late in the day. Some 91 Estimize estimates have earnings at $0.49 per share, which is more optimistic than the $0.31 per share that Wall Street anticipates. Both believe that revenue will total about $1.65 billion, a year-on-year gain of around 23 percent. Also mid-week,

and

are expected by Wall Street to show earnings growth in their most recent quarters, while

and

are predicted to have lower earnings.

Citigroup

is scheduled to share its results before the markets open, and per-share earnings are expected to have surged from $0.03 in the year-ago period to $1.41. The 26 estimates collected by Estimize also indicate that revenue for the second quarter will be around $19.54 billion. Later in the day, Google will say that it had EPS of $6.76, according to 68 Estimize estimates. In the same period of last year, the tech giant posted per-share earnings of $6.08 on $15.96 in revenue. Wall Street is looking for revenue of $17.75 billion for the most recent quarter. Be sure to watch for anticipated earnings gains from

and

, relative to the same periods of last year, on Thursday as well. However,

and

are projected to have EPS that are lower. The forecasts for

and

call for net losses. See also:

Some 31 estimates from Estimize suggest second-quarter results from GE will be EPS of $0.35 on revenue of $30.96 billion when it reports in the morning. That would be down from EPS of $0.39 and $36.23 billion revenue in the year-ago period. Note that the Wall Street EPS forecast recently dropped to just $0.30.

and

will offer earnings growth Friday, while Ericsson posts an earnings decline, if Wall Street forecasts are accurate. GE spin-off

is also scheduled to share its most recent results. Keep up with all the latest breaking news and trading ideas by following Benzinga on

.