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Stock Watch

Earnings Reports for the Week of Oct. 15-19 (BAC, NFLX, PG)

Check out our weekly earnings calendar and read the latest quarterly earnings previews.

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Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.

Earnings Calendar Highlights


Earnings Spotlight: Bank of America (BAC, $28.36) – Bank of America hasn’t even treaded water in 2018, its 5% losses through the middle of October an unpleasant surprise given the dual bullish tailwinds of economic growth and interest-rate expansion. But perhaps BofA can follow in the footsteps of the other Big Four banks in producing strong earnings that will revive it and the sector. Analysts aren’t expecting much growth out of Bank of America, projecting just 2.7% top-line expansion to $22.67 billion. However, profits should explode to 62 cents per share – a 29.2% improvement from the year-ago quarter. We’ll find out whether BofA was able to beat the analyst consensus before the Oct. 15 open.

Other Noteworthy Reports: Charles Schwab (SCHW), J.B. Hunt Transport Services (JBHT), Rio Tinto (RIO), Total S.A. (TOT)

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Earnings Spotlight: Netflix (NFLX, $321.10) – Streaming-content giant Netflix has a lot to live up to after the Oct. 16 close, when it reports third-quarter earnings. Even amid the market’s recent backdrop, NFLX shares still are up nearly 70% for the year-to-date. Analysts are expecting plenty of fireworks on the income statement, including a 33.9% jump in revenues to $4 billion, and a 134.5% burst in profits to 68 cents per share. But the most important number to watch is Netflix’s subscriber numbers. Last quarter, Netflix’s 5.15 million new subscribers were well short of its own guidance for 6.2 million new adds – a rare miss that triggered a nearly 25% exodus across the following few weeks. Evercore ISI analysts say they “expect a return to a more normalized cadence of fulfilling expectations,” but another shaky quarter of subscriber growth could spark another exit in NFLX.

Other Noteworthy Reports: America Movil S.A.B. de C.V. (AMX), BlackRock (BLK), Comerica (CMA), Cree Inc. (CREE), CSX Corp. (CSX), Domino’s Pizza (DPZ), Goldman Sachs (GS), International Business Machines (IBM), Johnson & Johnson (JNJ), Morgan Stanley (MS), Progressive (PGR), Prologis (PLD), United Continental (UAL), UnitedHealth Group (UNH), W.W. Grainger (GWW)


Noteworthy Earnings Reports: Abbott Laboratories (ABT), Kinder Morgan (KMI), M&T Bank (MTB), Roche Holding (RHHBY), Steel Dynamics (STLD), U.S. Bancorp (USB), Winnebago Industries (WGO)

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Noteworthy Earnings Reports: American Express (AXP), Bank of New York Mellon (BK), BB&T Corp. (BBT), Blackstone Group (BX), Canadian Pacific Railway (CP), E*Trade (ETFC), Genuine Parts (GPC), Intuitive Surigcal (ISRG), KeyCorp (KEY), Nestle S.A. (NSRGY), Novartis (NVS), Nucor (NUE), PayPal (PYPL), Philip Morris International (PM), PPG Industries (PPG), SAP SE (SAP), Skechers (SKX), Snap-On (SNA), Textron (TXT), Unilever (UN)


Earnings Spotlight: Procter & Gamble (PG, $78.87) – Procter & Gamble has been climbing its way out of a big hole in 2018; the good news is that it’s still on the upswing, though it remains mired in 13% losses so far this year. The stock has been slammed by downgrades throughout the year. Jefferies lowered PG to “Hold” in July citing a basket of worries that included increased commodity costs and volatile emerging markets. Bank of America sounded similar concerns months earlier in April, also saying that P&G’s attempts to spark growth, including acquiring Merck Consumer Health, were “not meaningful enough.”

Other Noteworthy Reports: Cleveland-Cliffs (CLF), Honeywell International (HON), Kansas City Southern (KSU), ManpowerGroup (MAN), Rogers Communications (RCI), Schlumberger (SLB), State Street (STT), SunTrust Banks (STI), Synchrony Financial (SYF), VF Corp. (VFC)

Reporting schedules provided by MarketWatch and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

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