Earnings Expectations for the Week of October 24

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The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar
CAT
, Exxon Mobil
XOM
, Procter & Gamble
PG
and United Parcel Service
UPS
, from which analysts expect to see year-over-year earnings growth, as well as Amazon.com
AMZN
, Boeing
BA
and Ford
F
, which are forecast to post lower per-share earnings. Here is a day-by-day rundown of some of the most anticipated quarterly reports of this week.
Monday
Third-quarter reports from Caterpillar
CAT
and Netflix
NFLX
will be among Monday's highlights. Analysts predict the heavy equipment maker will report that per-share earnings rose 21.3% from a year ago to $1.55, while revenues increased 35.0% to $15.0 billion. Netflix is forecast to post per-share earnings of $0.95, up 16.7%, and revenues that are 46.7% higher a year ago, or $811.8 million. The day's other anticipated earnings gainers include Eaton
ETN
, Kimberly-Clark
KMB
and Lorillard
LO
. Lower earnings are expected from Amgen
AMGN
and Texas Instruments
TXN
.
Tuesday
Amazon.com
AMZN
is on deck to report its third-quarter results Tuesday. The forecast calls for earnings of $0.24 per share and revenues of $10.9 billion. That compares to $0.51 per share and $7.5 billion in the same quarter of last year. The consensus EPS forecast has not changed in the past 60 days. Analysts expect United Parcel Service
UPS
, sometimes considered a bellwether of the wider economy, to report that per-share earnings rose 11.4% from a year ago to $1.05. Revenues are forecast to have increased 8.1% to $13.2 billion. UPS has topped consensus EPS estimates in the past eight quarters. U.S. Steel
X
also reports on Tuesday and is expected to post its second consecutive profitable quarter. Earnings growth is also expected from Broadcom
BRCM
, Coach
COH
, DuPont
DD
, Reynolds American
RAI
, Sherwin-Williams
SHW
, T. Rowe Price
TROW
and Xerox
XRX
. Per-share earnings are expected to have declined at DeVry
DV
, Molex
MOLX
and Peabody Energy
BTU
.
Wednesday
Aerospace will be the focus on Wednesday, with Boeing
BA
, Lockheed Martin
LMT
and Northrop Grumman
NOC
due to release third-quarter results. While Boeing's per-share earnings are forecast to have slipped three cents from a year ago, those of the other two companies are expected to have increased by at least 10%. On the other hand, revenues are expected to have fallen 21.7% year-over-year in Northrop Grumman's case, but to have risen marginally for the other two. Note that all three companies have topped earnings expectations in the past few quarters. Ford
F
is also scheduled to report its third-quarter results Wednesday. The forecast calls for earnings of $0.45 per share and revenues of $29.9 billion. That compares to EPS of $0.48 on $26.7 billion in sales in the year-ago quarter. Ford has fallen short of consensus EPS estimates in just one of the past eight quarters. Aflac
AFL
, Automatic Data Processing
ADP
, ConocoPhillips
COP
, Dr Pepper Snapple
DPS
, General Dynamics
GD
, Norfolk Southern
NSC
, O'Reilly Automotive
ORLY
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, Visa
V
and Wynn Resorts
WYNN
are among those expected to report earnings growth. Lower earnings are predicted from American Electric Power
AEP
, Corning
GLW
, Novellus
NVLS
and WellPoint
WLP
. And Spring Nextel
S
is expected to post another net loss.
Thursday
Analysts anticipate that per-share earnings from Exxon Mobil
XOM
will have surged 32.4% year-over-year to $2.13, but that EPS from Procter & Gamble
PG
will be just a penny per share higher to $1.03. Revenues for the petrochemical giant are expected to be up 19.2% from a year ago, and that those of the Cincinnati-based consumer goods producer will be 7.1% higher. In the past 60 days, Exxon's EPS estimate has fallen three cents, but Procter & Gamble's is unchanged. Among the many companies expected to post higher earnings on Thursday are Aetna
AET
, Avon
AVP
, Cardinal Health
CAH
, Coca-Cola Enterprises
CCE
, Colgate-Palmolive
CL
, Dow Chemical
DOW
, Hershey
HSY
, MetLife
MET
, Starwood Hotels
HOT
, Time Warner Cable
TWC
and Waste Management
WM
. Earnings are predicted to be lower for Bristol-Myers Squibb
BMY
, International Paper
IP
, Motorola Solutions
MSI
and Raytheon
RTN
. And video game maker Electronic Arts
ERTS
and home builder Pulte Group
PHM
are expected to post net losses for the quarter.
Friday
Analysts expect solid to strong results from Chevron
CVX
, Merck
MRK
and Whirlpool
WHR
to end the week. Chevron's EPS are forecast to be 45.6% higher, Merck's to be up 6.6% and Whirlpool's to be 21.8% higher. Revenue growth is anticipated for all three as well, a jump of 39.9% for Chevron. Also look for Biogen Idec
BIIB
, Constellation Energy
CEG
, Goodyear
GT
and Newmont Mining
NEM
to reported earnings growth on Friday. Earnings from Cablevision
CVC
and Dominion Resources
D
are expected to be lower.
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Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsLong IdeasShort IdeasPreviewsPre-Market OutlookTrading IdeasAetnaAflacAmazon.comAmerican Electric Poweramgenanalyst forecastsAutomatic Data ProcessingAvonbiogen idecBoeingbristol-myers squibbbroadcomCablevisionCardinal HealthCaterpillarChevronCoachcoca-cola enterprisescolgate-palmoliveConocoPhillipsconstellation energycorningDevrydominion resourcesdow chemicalDr Pepper SnappleDuPontearnings expectationsearnings previewsEatonelectronic artsFordgeneral dynamicsGoodyearHersheyinternational paperKimberly-ClarkLockheed MartinlorillardmerckMetLifemolexmotorola solutionsNetflixnewmont miningnorfolk southernNorthrop GrummanNovellusO’Reilly AutomotivePeabody EnergyPulte Groupraytheonreynolds americanSherwin-WilliamsSpring NextelStarwood HotelsT. Rowe Pricetexas instrumentsthird-quarter earningstime warner cableU.S. SteelUnited Parcel ServiceupsvisaWaste ManagementWellPointWhirlpoolWynn ResortsXerox
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