Industrials

McDonald's, Merck, Microsoft and More Dow Stocks Reporting This Week

Chris Lange

Published: October 21, 2018 10:25 am

Last Updated: January 11, 2020 4:06 pm

This past week saw a handy recovery for the broad markets after suffering a 4% loss just two weeks ago. While the Dow Jones industrials and S&P 500 recovered, the Nasdaq continued to slide. However, the Dow can keep this recovery going with one-third of its components reporting this week.

Ten of the index’s 30 components are expected to share their results this week. The index is down about 5% in the past 30 days, although it is still up about 10% in 2018.

24/7 Wall St. has put together a preview of the Dow companies scheduled to report their quarterly results this week. Here, we have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history.

Also check out our separate preview of AT&T, Ford, General Electric some of the other major companies posting their quarterly results this week.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.

3M Co. (NYSE: MMM) is set to report its most recent quarterly results on Tuesday. Analysts are looking for $2.70 in earnings per share (EPS) and $8.39 billion in revenue. Shares closed last week at $199.85, with a consensus price target of $213.56 and a 52-week trading range of $190.57 to $259.77.

McDonald’s Corp. (NYSE: MCD) is expected to report its third-quarter results on Tuesday. The consensus forecast sees EPS of $1.99 on $5.32 billion in revenue. Shares were changing hands at $167.49 as last week came to a close. The consensus price target is $184.85, and the stock has a 52-week range of $146.84 to $178.70.

On Tuesday, United Technologies Corp. (NYSE: UTX) is scheduled to reveal its third-quarter results. The consensus estimates are $1.81 in EPS and $16.15 billion in revenue. Shares were trading at $128.68 as the week came to a close. The consensus price target is $153.29. The 52-week range is $115.40 to $144.15.

Caterpillar Inc. (NYSE: CAT) will share its latest quarterly earnings on Tuesday as well. The consensus estimates call for $2.85 in EPS and $13.29 billion in revenue. Shares ended last week at $131.32, in a 52-week range of $129.43 to $173.24. The consensus analyst target is $167.86.

Verizon Communications (NYSE: VZ) is expected to report its most recent quarterly results on Tuesday. The consensus analyst estimates are $1.19 in EPS and revenue of $32.5 billion. Shares of Verizon were at $54.90 on Friday’s close. The consensus price target is $56.71, and the 52-week range is $43.97 to $55.90.

Boeing Co. (NYSE: BA) is scheduled to report its third-quarter results on Wednesday. The consensus forecast is EPS of $3.51 on $24.23 billion in revenue. Shares were changing hands at $356.26 as last week came to a close. The consensus price target is $413.30, and the stock has a 52-week range of $254.50 to $394.28.

Visa Inc. (NYSE: V) will share its latest quarterly earnings on Wednesday. The consensus estimates call for $1.20 in EPS and $5.44 billion in revenue. Shares ended last week at $140.08 apiece, in a 52-week range of $106.60 to $151.56. The consensus analyst target is $164.65.

Microsoft Corp. (NASDAQ: MSFT) also is expected to report its most recent quarterly results on Wednesday. The consensus analyst estimates are $0.96 in EPS and revenue of $27.89 billion. Shares of Microsoft traded at $108.66 on Friday’s close. The consensus price target is $124.47, and the 52-week range is $78.01 to $116.18.

Look for Intel Corp. (NASDAQ: INTC) to share its quarterly report on Thursday. The consensus estimates are $1.15 in EPS on $18.11 billion in revenue. Shares were last seen at $44.00. The stock has a 52-week range of $40.10 to $57.60, and the consensus price target is $55.26.

Merck & Co. Inc. (NYSE: MRK) is scheduled to share its quarterly report on Thursday as well. The consensus estimates are $1.13 in EPS on $10.86 billion in revenue. Shares were ended the week at $72.35. The stock’s 52-week range is $52.83 to $72.89, and the consensus price target is $76.52.