7 Key DJIA Stocks Reporting Earnings This Week

By Chris Lange Published Jul 19, 9:15AM EDT

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Earnings season for the second quarter of the calendar year is in full swing, and 24/7 Wall St. has put together a preview of some of the Dow Jones Industrial Average (DJIA) companies that are reporting their quarterly results this week. We included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.

For more previews of the big earnings in the week ahead, see the top telecom and cable earnings. For the Apple Inc. (NASDAQ: AAPL) earnings preview see top tech earnings.

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

American Express

American Express Co. (NYSE: AXP) will share its most recent quarterly results on Wednesday. The consensus estimates call for earnings per share (EPS) of $1.32 and $8.45 billion in revenue. So far in 2015, investors have seen the share price decline a whopping 14%, compared with nearly a 3% increase for the DJIA as a whole, making it one of the worst performers on the index. This also compares to positive gains of 8% and about 12% for its closest rivals, Visa and MasterCard, respectively. Hopefully this credit card giant can turn it around, but it will have to start with this earnings report.

Shares were at $79.20 at the close on Friday, in a 52-week trading range of $75.75 to $94.89. The stock has a consensus analyst price target of $85.96.

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Boeing

Boeing Co. (NYSE: BA) is scheduled to reveal its second-quarter results on Wednesday. The consensus estimates call for $2.13 in EPS, as well as $24.19 billion in revenue. The company said Friday morning that it will take a charge of $536 million ($0.77 per share) related to higher engineering and manufacturing costs for the new KC-46A tanker it is building for the U.S. Air Force. The charge will be recognized when the company reports second-quarter earnings. The contract for 179 new tankers is worth about $49 billion to Boeing’s defense, space and military division. So there is that to look forward to.

Shares were trading at $146.84 on Friday’s close. The consensus price target is $163.60. The stock has a 52-week trading range of $116.32 to $158.83.

Coca-Cola

Coca-Cola Co. (NYSE: KO) is expected to report its second-quarter results on Wednesday. The analysts’ consensus estimates call for EPS of $0.60 and $12.08 billion in revenue. Coca-Cola may have come with a bad reputation for sugar-water drinks of late, but the company keeps moving away from that dependence. Big deals with Monster and Keurig have highlighted a move away from the Coke brand alone. Pepsi reported earnings recently, and the company beat estimates on both the top and the bottom line. Let’s see if Coke can match that.

Shares were changing hands at $41.25 on Friday’s close. The consensus price target is $44.83, and the stock has a 52-week trading range of $39.06 to $45.00.

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3M

3M Co. (NYSE: MMM) is scheduled to report its second-quarter results on Thursday. The consensus estimates call for $2.00 in EPS and revenue of $7.83 billion. This top industrial could really jump with an economic pickup. 3M is closely correlated to U.S. leading economic indicators. The more the indicators continue to improve, the higher the likelihood of strong earnings performance for the company the rest of the year, and with a huge portfolio of products in multiple silos, 3M certainly has staying power. One issue for the industrial giant is that the company has a higher than sector average share of earnings from overseas, so any continued rally of the U.S. dollar against other currencies could lead to a decline in Wall Street earnings estimates and the guidance. With that said, any pickup here domestically could help to offset currency headwinds.

Shares of 3M ended the week at $156.69. The consensus price target is $168.77. The 52-week trading range is $130.60 to $170.50.

Caterpillar

Caterpillar Inc. (NYSE: CAT) is set to share its latest quarterly earnings on Thursday. The consensus estimates call for $1.27 in EPS and $12.62 billion in revenue. This company reported more disappointing sales trends for the month of May with a rolling three-month view. Unfortunately, weak numbers, or slow growth in some cases, seems to be the norm, but things might not be so bad now after the declines we have seen before this. In its earnings report back in April, Caterpillar managed to overcome at least some of the currency headwinds that had snared other companies. The company slightly updated its guidance for 2015 at that time: expectations for revenue of $50 billion remained the same, and earnings per share was moved up by $0.25 to $5.00.

Shares were at $83.16 on Friday’s close, in a 52-week trading range of $78.19 to $111.28. The stock has a consensus analyst price target of $85.90.

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McDonald’s

McDonald’s Corp. (NYSE: MCD) is set to report its second-quarter results on Thursday. The analysts’ consensus estimates call for EPS of $1.24 and $6.45 billion in revenue. In the second quarter, Fitch Ratings joined other major credit ratings agencies when it downgraded its issuer default rating on McDonald’s to BBB+ from A on long-term debt and to F1 from F2 on short-term debt. Fitch maintained its Stable rating on the company. In McDonald’s favor is its substantial cash flow from operations. Fitch noted, however, that cash flow is declining and Fitch sees free cash flow being directed to share buybacks rather than boosting sales by adding new locations. Capex has declined by a third since 2012, and refranchising could indicate that capital spending will continue to decline to pay the tab for shareholder returns.

Shares of McDonald’s were changing hands at $97.50 as last week came to a close. The consensus price target is $102.75, and the stock has a 52-week trading range of $87.62 to $101.09.

Visa

Visa Inc. (NYSE: V) is set to share its latest quarterly earnings on Thursday. The consensus estimates call for $0.59 in EPS on $3.36 billion in revenue. The company announced a new contract with cybersecurity firm, FireEye to protect consumers. Hacks and data security breaches in recent years have torn up some consumers’ lives and cumulatively have cost companies billions of dollars, but several cybersecurity outfits are looking to protect consumer and corporate interests alike. Visa is taking a proactive approach rather than sitting back and waiting to be hacked. The case might be a total “game changer” in cybersecurity, or even for Visa, going forward.

Shares closed Friday at $70.88, in a 52-week trading range of $48.80 to $70.96. The consensus price target is $76.01.

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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.