Next Week's Key Earnings Reports

More companies are set to report earnings next week than this week, but the big names have already come and gone.

There are a lot of second-tier reports to focus on next week, however, and below we provide a list of the names that investors will be following most. As shown, Corning (GLW) and Verizon (VZ) kick off the week with reports on Monday morning, while Baidu (BIDU) will surely be active after the close. Johnson Controls (JCI), Under Armour (UA), Valero Energy (VLO), and United States Steel (X) report Tuesday morning, and Visa (V) will give us some important data on consumer spending on Tuesday afternoon. General Dynamics (GD), International Paper (IP), WellPoint (WLP) report Wednesday morning, while there aren't any big hitters reporting Wednesday after the close. On Thursday, we get reports from Chicago Mercantile Exchange Holdings (CME), Eastman Kodak (EK), Motorola (MOT), Newmont Mining (NEM), Office Depot (ODP), Procter and Gamble (PG), Sprint Nextel (S), and Exxon Mobil (XOM), which will be the biggest day of the week for earnings. Finally, Chevron (CVX) finishes off the week with earnings on Friday before the open.

Below we provide a list of all of the key companies listed above. For each stock, we also highlight their earnings and revenue beat rates, how often they have raised guidance, and their average one-day change on the first trading day following their reports going back to 2001 (click to enlarge).

Comments

[rick12345:]

Sometime over the next couple of weeks we'll see the dow rally to 10500 as prices approach their 20 DMA. I think the bears, although cautious, are finally waning. Friday was mainly profit taking from Thursday's rally so I'm not reading too much into this weeks decline.
Tip for next week - BAC which is cheap at $16.22 and approaching resistance. Look to buy in the $15.80 - $16-20 range.

Oct 23 08:51 PM

[Joe Shareho...:]

Valero down, UA up. Under Armour is doing extremely well and came out of nowhere. Watch out, however long term, retail textile firms have boom/bust short lives. Just ask ANF.

Oct 24 12:29 PM