This week will be the busiest yet this reporting period when it comes to earnings releases. As we do throughout the key six-week stretch of earnings season, below is a list of the 40 largest companies set to release Q1 2018 numbers this week. For each stock, we provide its expected report date and time, its consensus analyst EPS and revenue estimate, its historical EPS and revenue beat rate, and its average one-day share price change (%) in response to its historical quarterly reports. All of this data is pulled from our popular Earnings Screener that’s available to Bespoke Institutional members.
Monday’s main report to watch is Alphabet (GOOG) after the close. The stock is currently projected to earn $12.04/share and post revenues of $24.5 billion. Historically, GOOG has beaten consensus EPS estimates 68.5% of the time and exceeded revenue estimates 72.2% of the time. On average, GOOG sees a gain of +1.80% on its earnings reaction day (which will be tomorrow’s trading day in this case).
Tuesday is a huge day for blue-chip Dow Jones Industrial Average companies. In the morning, we’ll hear from five Dow members: Verizon (VZ), Coca-Cola (KO), 3M (MMM), United Tech (UTX), and Caterpillar (CAT). Of these five, UTX beats EPS the most often at 92.4%, and it also averages the best one-day returns at +0.75%. Amgen (AMGN), Texas Instruments (TXN), and Chubb (CB) all report on Tuesday after the close.
Wednesday’s key reports include Boeing (BA) in the morning, and then Facebook (FB), Visa (V), and Qualcomm (QCOM) after the close. Facebook’s numbers might be the most closely followed of any company this season given all the attention it has been paid over the last couple of months. Historically, FB has beaten EPS and revenue estimates 95.7% of the time, and it has averaged a gain of 3.45% on its past earnings reaction days. Needless to say, investors have become accustomed to strong earnings from FB.
Thursday’s biggest reports come after the close when Amazon (AMZN), Microsoft (MSFT), Intel (INTC), and Starbucks (SBUX) post Q1 numbers. These four companies combined are projected to post revenues of $90 billion.
Finally, Exxon Mobil (XOM) and Chevron (CVX) — the two main Dow 30 Energy stocks — both close out the busy week with reports on Friday before the open.
Bespoke Premium is an excellent resource during earnings season. Along with daily commentary, the service includes access to our interactive Earnings Calendar and our updated list of earnings triple plays. Start a two-week free trial to try it out for yourself!