Below is a list of the 40 largest companies set to report earnings this week. Next to each company, we provide its historical beat rates (% of time beating analyst estimates) and its average one-day change on its earnings reaction days.
Alphabet (GOOGL) kicks things off for the large-cap space this evening when it reports after the close. As shown, GOOG has historically gained 1.97% on its earnings reaction day, so it goes up more often than not.
On Tuesday, we’ll hear from Dow 30 stocks like 3M (MMM), McDonald’s (MCD), and United Tech (UTX) in the morning, followed by AT&T (T), Amgen (AMGN), and Texas Instruments (TXN) after the close. Of the stocks reporting tomorrow, UTX beats EPS the most often and it also typically does the best in terms of price gains.
On Wednesday, Coca-Cola (KO) and Boeing (BA) report before the open, while Facebook (FB) will take over the tape after the close. Facebook (FB) has historically beaten both EPS and revenue estimates 95% of the time, and it has averaged a one-day change of +3.76% on its earnings reaction days.
Thursday is the busiest day for earnings this week by sheer volume, and the main company investors will be watching that day will be Amazon.com (AMZN) after the close.
Friday is the day for big-oil earnings, as both Exxon Mobil (XOM) and Chevron (CVX) will report before the open.
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