Earnings Expectations for the Week of July 22 (AAPL, GM, MCD, NFLX)

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The earnings crunch continues this week. Reports are due from the likes of
AppleAAPL
,
CaterpillarCAT
and
General MotorsGM
, which are expected to say their earnings were lower than a year ago. On the other hand,
Amazon.comAMZN
,
FacebookFB
,
FordF
,
McDonald'sMCD
,
NetflixNFLX
,
UPSUPS
and many others are forecast to post year-over-year earnings growth. The following is a day-by-day rundown of what analysts expect from some of the most prominent of the week's many quarterly reports.
See also:Weekly Preview: Earnings Season Kicks into HyperdriveMonday
First thing Monday morning comes the second-quarter report from
McDonald'sMCD
. Analysts are looking for revenue that rose less than three percent to $7.09 billion and net income that is more than five percent higher than a year ago and works out to $1.40 per share. Then after the markets close,
NetflixNFLX
is expected to report that EPS came to $0.40 in the second quarter, while revenue totaled $1.07 billion. That would be up from $0.11 per share and $889.16 million in the same period of last year.
GannettGCI
,
HasbroHAS
and
Kimberly-ClarkKMB
are also on deck Monday and expected to offer up earnings growth. But analysts are looking for lower EPS from
HalliburtonHAL
and
Texas InstrumentsTXN
.
TuesdayAppleAAPL
and
United Parcel ServiceUPS
both step into the earnings spotlight Tuesday. The second-quarter earnings forecast for the former calls for $7.31 per share on revenue on $35.09 billion, compared with $9.32 per share and $35.02 billion in the year-ago period. Analysts believe that ostensible economic bellwether UPS will say before the opening bell that its per-share earnings came to $1.13, on $13.59 billion in revenue. That would compare to $1.15 per share and $13.35 billion in the same period of last year.
DuPontDD
,
Freeport McMoRanFCX
,
Lockheed MartinLMT
and
United TechnologiesUTX
also are expected to report annual earnings declines on Tuesday. But a rise in per-share earnings is anticipated from
AltriaMO
,
AT&TT
,
Discover Financial ServicesDFS
and
Travelers CompaniesTRV
.
Wednesday
Wednesday's highlights will include reports from
FacebookFB
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and
FordF
. They are projected to report per-share earnings of $0.14 and $0.37, respectively. That would be up more than 14 percent for the former and about 19 percent for the latter. Revenue for the social media giant is expected to have surged more than 36 percent year-over-year to $1.62 billion, while that of the Big Three automaker's is more than 12 percent higher to $35.24 billion. Look for Ford's report before the markets open, and Facebook's later in the day. Also before the opening bell,
CaterpillarCAT
is expected to say that its EPS came to $1.70 in the second quarter, while revenue fell to $14.97 billion. That would be down from $2.54 per share and $17.37 billion in the same period of last year. Analysts are looking for earnings growth from
BoeingBA
,
Eli LillyLLY
,
PepsiCoPEP
,
VisaV
and
Wynn ResortsWYNN
. But
General DynamicsGD
,
Northrop GrummanNOC
and
Seagate TechnologySTX
are expected to say that EPS were lower than a year ago.
ThursdayGeneral MotorsGM
is scheduled to step on to the earnings stage Thursday. Analysts are looking for second-quarter revenue that rose about two percent to $38.37 billion, as well as EPS that fell more than 16 percent from a year ago to $0.75 per share. Late in the day,
Amazon.comAMZN
is expected to say that earnings came to $0.06 in its second quarter, while revenue totaled $15.74 billion. That would be up from $0.01 per share and $12.83 billion in the same period of last year. The day's other anticipated earnings gainers include
Colgate-PalmoliveCL
,
Dow ChemicalDOW
,
Harley-DavidsonHOG
,
HersheyHSY
,
StarbucksSBUX
,
Southwest AirlinesLUV
and
3MMMM
. But
Bristol-Myers SquibbBMY
and
RaytheonRTN
are predicted to say that their quarterly earnings declined, relative to a year ago.
FridayNewell RubbermaidNWL
,
Stanley Black & DeckerSWK
and
WeyerhaeuserWY
are set to share their results at the end of the week. Analysts expect to see year-over-year EPS growth from all three. But the forecasts for
Kohlberg Kravis RobertsKKR
and
Tyco International
call for lower EPS for the most recent quarters.
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Posted In: EarningsLong IdeasShort IdeasPreviewsTrading Ideas3MaltriaAmazon.comAppleAT&TBoeingbristol-myers squibbCaterpillarcolgate-palmolivediscover financial servicesdow chemicalDuPonteli lillyFacebookFordFreeport McMoRangannettgeneral dynamicsGeneral MotorsGMhalliburtonHarley-DavidsonhasbroHersheyKimberly-ClarkKKRKohlberg Kravis RobertsLockheed MartinMcDonald'sNetflixNewell RubbermaidNorthrop GrummanpepsicoraytheonSeagate TechnologySouthwest AirlinesStanley Black & DeckerStarbuckstexas instrumentsTravelers CompaniesUnited Parcel Serviceunited technologiesupsvisaWeyerhaeuserWynn Resorts
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