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Using our Interactive Earnings Report Database, we’re able to tell Premium subscribers which companies typically beat or miss estimates the most, and which companies typically gain or lose the most in response to their earnings reports. Below is a list of the 25 largest companies reporting earnings next week, with some of our key earnings statistics included (shaded color-coded columns). This data covers all quarterly earnings reports for each company going back to 2001.
Sixty percent of next week’s key reports come from the Financial sector. 15 of the 25 largest stocks set to report are Financials. Given how well the sector has performed since the election, we think the expectations bar is going to be set high. Any misses or negative guidance will see stock prices fall more than they normally would.
On Tuesday (Monday is a holiday), we hear from Morgan Stanley (MS) and UnitedHealth (UNH), then we hear from Citigroup (C) and Goldman Sachs (GS) on Wednesday morning. Netflix (NFLX) is going to be watched closely when it reports Wednesday after the close. On Thursday, American Express (AXP) and IBM are the biggest reports (both after the close), and then General Electric (GE) rounds out the week on Friday morning.
Of the stocks shown, UNH, GS, NFLX, UNP, and SYF have historically beaten earnings estimates the most often. Goldman has also beaten revenue estimates the most often out of all stocks listed. Historically, stocks like MS, CSX, USB, KEY, and SYF have reacted the most positively on their earnings reaction days, while Netflix (NFLX) is by far the most volatile stock on earnings out of the names listed. You can view a full list of the most volatile stocks on earnings in this post we did last week.