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

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

The earnings crunch continues this week.

Reports are due from the likes of Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT) and General Motors (NYSE: GM), which are expected to say their earnings were lower than a year ago.

On the other hand, (NASDAQ: AMZN), Facebook (NASDAQ: FB), Ford (NYSE: F), McDonald's (NYSE: MCD), Netflix (NASDAQ: NFLX), UPS (NYSE: UPS) 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 Hyperdrive


First thing Monday morning comes the second-quarter report from McDonald's (NYSE: MCD). 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, Netflix (NASDAQ: NFLX) 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.

Gannett (NYSE: GCI), Hasbro (NYSE: HAS) and Kimberly-Clark (NYSE: KMB) are also on deck Monday and expected to offer up earnings growth. But analysts are looking for lower EPS from Halliburton (NYSE: HAL) and Texas Instruments (NASDAQ: TXN).


Apple (NASDAQ: AAPL) and United Parcel Service (NYSE: UPS) 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.

DuPont (NYSE: DD), Freeport McMoRan (NYSE: FCX), Lockheed Martin (NYSE: LMT) and United Technologies (NYSE: UTX) also are expected to report annual earnings declines on Tuesday.

But a rise in per-share earnings is anticipated from Altria (NYSE: MO), AT&T (NYSE: T), Discover Financial Services (NYSE: DFS) and Travelers Companies (NYSE: TRV).


Wednesday's highlights will include reports from Facebook (NASDAQ: FB) and Ford (NYSE: F). 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, Caterpillar (NYSE: CAT) 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 Boeing (NYSE: BA), Eli Lilly (NYSE: LLY), PepsiCo (NYSE: PEP), Visa (NYSE: V) and Wynn Resorts (NASDAQ: WYNN).

But General Dynamics (NYSE: GD), Northrop Grumman (NYSE: NOC) and Seagate Technology (NASDAQ: STX) are expected to say that EPS were lower than a year ago.


General Motors (NYSE: GM) 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, (NASDAQ: AMZN) 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-Palmolive (NYSE: CL), Dow Chemical (NYSE: DOW), Harley-Davidson (NYSE: HOG), Hershey (NYSE: HSY), Starbucks (NASDAQ: SBUX), Southwest Airlines (NYSE: LUV) and 3M (NYSE: MMM).

But Bristol-Myers Squibb (NYSE: BMY) and Raytheon (NYSE: RTN) are predicted to say that their quarterly earnings declined, relative to a year ago.


Newell Rubbermaid (NYSE: NWL), Stanley Black & Decker (NYSE: SWK) and Weyerhaeuser (NYSE: WY) 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 Roberts (NYSE: KKR) and Tyco International call for lower EPS for the most recent quarters.


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