While earnings season kicked off this week with Alcoa's (NYSE:AA) report, only 15 companies actually reported their numbers. Next week we'll see about 100 companies release their fourth quarter numbers. From our Interactive Earnings Season Calendar, available exclusively to Bespoke Premium members, below we have filtered out the key reports to watch for next week. For each stock, we show its report date, its consensus EPS estimate, its historical earnings beat rate (which is the percentage of time it has beaten earnings estimates in the past), and its average one-day change on its past report days.
Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) are the main stocks to watch on Tuesday morning. Citigroup has beaten earnings estimates 74% of the time over its last 34 earnings reports, while Wells Fargo has only beaten 47% of the time. However, Wells Fargo has averaged a one-day gain of 1.30% on these report days, while Citigroup has averaged a one-day decline of 1.05%.
On Wednesday we get reports from Goldman Sachs (NYSE:GS), Bank of NY Mellon (NYSE:BK), Charles Schwab (NYSE:SCHW), eBay (NASDAQ:EBAY), F5 (NASDAQ:FFIV) and Western Digital (NASDAQ:WDC). Of these, FFIV has historically done the best on its past report days with an average one-day change of 5.18%.
Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) will be the most watched earnings reports on Thursday morning, and then a plethora of big tech names will report after the close. These tech names include Google (NASDAQ:GOOG), IBM, Intel (NASDAQ:INTC), and Microsoft (NASDAQ:MSFT). Google has historically averaged a gain of 2.08% following the 29 earnings reports it has had since it IPOd in 2004. Not bad.