The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ:
NFLX), United Parcel Service (NYSE:
UPS), Exxon Mobil (NYSE:
XOM), Starbucks (NASDAQ:
SBUX), Merck (NYSE:
MRK) and Dow Chemical (NYSE:
DOW), all of which are expected to post earnings growth.
Here's a day-by-day rundown of the most anticipated quarterly reports of the week.
Monday
Kimberly Clark (NYSE:
KMB), Netflix (NASDAQ:
NFLX) and Texas Instruments (NYSE:
TXN) get the week's flood of quarterly reports started. But analysts expect Kimberly Clark and Texas Instruments to post earnings lower than a year ago: down about a nickel per share to $1.15 for the former and down about a dime per share to $0.53 for the latter. Netflix earnings, on the other hand, are expected to be up 27.9% year over year to $1.11 per share, with revenues 52.3% higher to $791.5 million.
Other companies anticipated to post double-digit EPS growth on Monday include:
- Baker Hughes (NYSE: BHI): EPS up 60.4% to $0.91
- Baidu (NASDAQ: BIDU): EPS up 46.9% to $0.66
- Anadarko Petroleum (NYSE: APC): EPS up 46.7% to $0.92
- Eaton (NYSE: ETN): EPS up 28.4% to $0.95
United Parcel Service (NYSE:
UPS) is on deck Tuesday. This economic bellwether is forecast to report per-share earnings of $1.04 and revenues of $13.1 billion, which is up from $0.84 and $12.2 billion a year ago.
But anyone looking for economic signals from Amazon.com (NYSE:
AMZN), Ford (NYSE:
F) or Lockheed Martin (NYSE:
LMT) maybe be disappointed if they don't offer positive surprises Tuesday, because analysts expect them to report per-share earnings that are lower than a year ago. Earnings declines are also expected from JetBlue Airways (NASDAQ:
JBLU), Lexmark (NYSE:
LXK) and Supervalu (NYSE:
SVU). Analysts are looking for net losses from Eastman Kodak (NYSE:
EK), Electronic Arts (NASDAQ:
ERTS) and Office Depot (NYSE:
ODP).
Among the day's many anticipated earnings winners are:
- Dreamworks Animation (NYSE: DWA): EPS up 32.5% to $0.40
- Hershey (NYSE: HSY): EPS up 5.6% to $0.54
- Las Vegas Sands (NYSE: LVS): EPS up 61.4% to $0.44
- Norfolk Southern (NYSE: NSC): EPS up 18.8% to $1.28
- T. Rowe Price (NASDAQ: TROW): EPS up 23.4% to $0.77
- 3M (NYSE: MMM): EPS up 3.8% to $1.60
- Valero Energy (NYSE: VLO): EPS up 35.8% to $1.45
Anticipated double-digit earnings gainers for Hump Day include:
- Aflac (NYSE: AFL): EPS up 12.4% to $1.54
- Cliffs Natural Resources (NYSE: CLF): EPS up 47.5% to $3.66
- ConocoPhillips (NYSE: COP): EPS up 24.4% to $2.21
- Dow Chemical (NYSE: DOW): EPS up 33.3% to $0.81
- Hess (NYSE: HES): EPS up 42.2% to $1.99
- Ryder System (NYSE: R): EPS up 24.7% to $0.77
- Visa (NYSE: V): EPS up 21.1% to $1.23
- Whole Foods (NASDAQ: WFMI): EPS up 20.8% to $0.48
Also look for earnings growth from Aetna (NYSE:
AET), Crocs (NASDAQ:
CROX), Dr Pepper Snapple (NYSE:
DPS), General Dynamics (NYSE:
GD), Moody's (NYSE:
MCO), O'Reilly Automotive (NASDAQ:
ORLY), Torchmark (NYSE:
TMK) and Wyndham Worldwide (NYSE:
WYN).
Analysts expect to see smaller earnings from Boeing (NYSE:
BA), Corning (NYSE:
GLW) and Delta Airlines (NYSE:
DAL).
Thursday
The quarterly reports continue to roll out on Thursday, highlighted by the following:
- Exxon Mobil (NYSE: XOM): EPS up 31.3% to $2.33 on revenues of $121.4 billion (up 31.3%)
- Starbucks (NASDAQ: SBUX): EPS up 14.7% to $0.34 on revenues of $2.9 billion (up 8.9%)
- Kellogg (NYSE: K): EPS up 13.2% to $0.91 on revenues of $3.2 billion (up 7.3%)
- Raytheon (NYSE: RTN): EPS up 51.7% to $1.16 on revenues of $6.2 billion (up 3.6%)
Earnings expectations are also high for Coinstar (NASDAQ:
CSTR) and Motorola Solutions (NYSE:
MSI). Analysts are looking for the coin-counting and DVD rental kiosk operator to report per-share earnings of $0.81 and revenues of $445.9 million, which is up from $0.39 and $342.4 million a year ago. The consensus forecast for the communication equipment giant calls for $0.51 per share earnings (up 45.1%) but revenues of $2.0 billion (down 62.6%).
Others expected to post earnings growth on Thursday include Automatic Data Processing (NASDAQ:
ADP), Bristol Myers Squibb (NYSE:
BMY), Colgate Palmolive (NYSE:
CL), DuPont (NYSE:
DD), Goodyear Tire (NYSE:
GT), Nobel Energy (NYSE:
NBL), Royal Caribbean Cruises (NYSE:
RCL) and Time Warner Cable (NYSE:
TWC).
Coca-Cola Enterprises (NYSE:
CCE), Dominion Resources (NYSE:
D) and MetLife (NYSE:
MET) are expected to report smaller earnings, as compared to the same period of last year. Net losses are anticipated from Liz Claiborne (NYSE:
LIZ) and Sprint Nextel (NYSE:
S).
Friday
Chevron (NYSE:
CVX) and Merck (NYSE:
MRK) will highlight Friday reports. Here's what analysts foresee:
- Chevron: EPS up 24.2% to $3.56 and revenues 40.2% higher to $71.6 billion
- Merck: EPS up 9.5% to $0.95 and revenues 3.8% higher to $11.8 billion
Also look for earnings growth from American Electric Power (NYSE:
AEP), ITT (NYSE:
ITT) and Newmont Mining (NYSE:
NEM) as well. Per-share earnings from Amgen (NASDAQ:
AMGN), Newell Rubbermaid (NYSE:
NWL) and Weyerhauser (NYSE:
WY) are anticipated to be lower than a year ago.
AEPAmerican Electric Power Co Inc
$114.20-1.35%
AFLAflac Inc
$109.25-2.02%
AMGNAmgen Inc
$324.96-0.11%
AMZNAmazon.com Inc
$221.84-0.31%
BABoeing Co
$206.030.26%
BIDUBaidu Inc
$118.51-0.27%
BMYBristol-Myers Squibb Co
$53.80-0.91%
CLColgate-Palmolive Co
$79.17-0.33%
CLFCleveland-Cliffs Inc
$12.911.29%
COPConocoPhillips
$91.11-3.44%
CROXCrocs Inc
$90.62-0.04%
CVXChevron Corp
$146.94-1.91%
DDominion Energy Inc
$59.50-0.57%
DALDelta Air Lines Inc
$70.50-1.08%
DDDuPont de Nemours Inc
$40.25-0.89%
DOWDow Inc
$22.55-3.82%
EAElectronic Arts Inc
$204.19-%
ETNEaton Corp PLC
$327.11-1.83%
FFord Motor Co
$13.62-0.26%
GDGeneral Dynamics Corp
$335.39-1.55%
GLWCorning Inc
$86.21-2.16%
GTGoodyear Tire & Rubber Co
$8.88-1.50%
HSYThe Hershey Co
$187.72-0.20%
ITTITT Inc
$173.63-0.24%
JBLUJetBlue Airways Corp
$4.88-0.30%
K
$83.48-%
KMBKimberly-Clark Corp
$102.03-0.75%
LMTLockheed Martin Corp
$476.72-1.59%
LVSLas Vegas Sands Corp
$67.390.60%
MCOMoodys Corp
$492.090.94%
METMetLife Inc
$82.15-0.56%
MMM3M Co
$163.26-1.47%
MRKMerck & Co Inc
$97.85-2.40%
MSIMotorola Solutions Inc
$362.62-0.61%
NEMNewmont Corp
$98.04-1.66%
NFLXNetflix Inc
$94.300.56%
NSCNorfolk Southern Corp
$294.03-1.82%
NWLNewell Brands Inc
$3.75-0.40%
ODPThe ODP Corp
$28.00-%
ORLYO'Reilly Automotive Inc
$93.23-2.01%
RRyder System Inc
$190.13-0.27%
RCLRoyal Caribbean Group
$281.88-1.86%
SSentinelOne Inc
$14.71-0.84%
SBUXStarbucks Corp
$85.00-0.47%
TROWT. Rowe Price Group Inc
$103.38-0.23%
TXNTexas Instruments Inc
$177.07-0.50%
UPSUnited Parcel Service Inc
$99.42-0.65%
VVisa Inc
$344.10-0.80%
VLOValero Energy Corp
$163.09-2.86%
WYWeyerhaeuser Co
$23.13-0.94%
XOMExxon Mobil Corp
$114.75-2.56%
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