It was only three months ago that we were looking forward to earnings season providing a change of pace from the non stop headlines related to the trade war with China. Today, it’s the exact opposite. With the market seemingly doing nothing but trade higher, the upcoming earnings season is more of a concern over whether company reports will be good enough to keep the bulls on their feet. We’ll have our answer soon enough, though, as earnings season kicks off this week.
This week‘s batch of reports will be on the light side as just 25 companies are scheduled to report. The fact that only a small number of companies are reporting, though, doesn’t diminish their importance. On Tuesday morning alone we’ll hear from Citigroup (C ), JP Morgan (JPM), and Wells Fargo (WFC). Wednesday morning will be another busy one for the big Financials with Bank of America (BAC), Blackrock (BLK), Goldman Sachs (GS), PNC, and US Bancorp (USB) all reporting. Outside of the Financials sector, we’ll also hear from Dow component UnitedHealth (UNH).
We have just published our quarterly preview of the upcoming earnings season and what to expect in terms of the overall market and sector performance based on trends in analyst revisions. To gain access to the full report, start a two-week free trial to our Bespoke Premium package now. Here’s a breakdown of the products you’ll receive.