The first two weeks of the third quarter reporting period are in the books, and as shown in the chart below, 68% of companies that have reported so far this season have beaten consensus analyst earnings estimates. If the season were to end today, this “beat rate” would be the strongest since Q4 2009, but it’s likely to drift a bit lower in the coming weeks as more and more companies report.
Next week is a huge one for earnings. On Thursday alone we’ll get 330 individual reports. Below is a list of the 50 largest companies set to report next week, with key stats from our Interactive Earnings Database included. On Monday, Visa (V) reports after the close, and then Caterpillar (CAT), 3M (MMM), Apple (AAPL), and United Tech (UTX) all report on Tuesday. Boeing (BA) and Biogen (BIIB) report on Wednesday, followed by Amgen (AMGN), Amazon (AMZN), and Alphabet (GOOGL) on Thursday. MasterCard (MA) and Exxon Mobil (XOM) round out the week with reports on Friday.
See all of Bespoke’s earnings season coverage with a 14-day free trial to our premium research.