Earnings season began with Alcoa’s (AA) report on Monday, but only a few dozen companies released numbers for the entire week. Next week is a different story, however, with hundreds of companies on the earnings calendar. Below is a list of the 50 largest companies set to report their quarterly numbers next week. For each company, we also include its historical earnings and sales beat rate taken from Bespoke’s Interactive Earnings Report Database, which you can learn more about here. The “earnings beat rate” is the percentage of the time the company has beaten consensus analyst earnings estimates over the last 15 years (unless the company IPOd more recently than that). The “sales beat rate” is the percentage of the time the company has beaten consensus analyst revenue estimates.
On Monday morning, Bank of America (BAC) and Charles Schwab (SCHW) release Q2 numbers. IBM, Netflix (NFLX), Yahoo! (YHOO) and VMware (VMW) all report Monday after the close. On Tuesday morning we hear from quite a few blue chips like Johnson & Johnson (JNJ), Philip Morris International (PM), UnitedHealth (UNH), Lockheed Martin (LMT) and Goldman Sachs (GS). Microsoft (MSFT) is the only big company reporting Tuesday after the close. Morgan Stanley (MS), Abbott Labs (ABT) and Halliburton (HAL) report Wednesday before the open, while Intel (INTC), Qualcomm (QCOM), American Express (AXP), Las Vegas Sands (LVS) and eBay (EBAY) report Wednesday after the close.
Thursday is the biggest day for earnings reports next week with 116 companies on the calendar. The biggest reports set for Thursday morning will be Biogen (BIIB), General Motors (GM) and Union Pacific (UNP). On Thursday after the close, we’ll hear from AT&T (T), Visa (V), Schlumberger (SLB) and Starbucks (SBUX). On Friday, General Electric (GE), Honeywell (HON) and VF Corp (VFC) will round out the week.
Of the companies shown below, VMware (VMW), Johnson & Johnson (JNJ), UnitedHealth (UNH), Lockheed Martin (LMT), Goldman Sachs (GS), Visa (V) and PayPal (PYPL) have the highest earnings beat rates — all above the 90% mark. VMware (VMW) also has one of the highest sales beat rates at 89%.
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