The Dow Jones Industrial Average and S&P 500 have hit consecutive all-time highs over the course of the last week. Some analysts are worried that the markets may have gone too high too fast, while others are buying in. But what is for sure is that these consecutive wins have not been seen since the 1990s. Earnings season has just kicked off, when most major companies will report and set a direction for the market, and with the markets at all-time highs these reports are especially important.
24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this week. We are just entering into earnings season, in which most major companies will report and set a direction for the market. We have 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 Dow Earnings for the Week Ahead.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.
Bank of America Corp. (NYSE: BAC) will release its most recent quarterly results on Monday. The consensus estimates call for earnings per share (EPS) of $0.33 and $20.41 billion in revenue. Shares traded at $13.66 at the close on Friday, in a 52-week trading range of $10.99 to $18.48. The stock has a consensus analyst price target of $17.09.
Netflix Inc. (NASDAQ: NFLX) is scheduled to report its second-quarter results on Monday. The consensus analyst estimates call for $0.02 in EPS and revenue of $2.11 billion. Shares of Netflix were at $98.39 on Friday’s close. The consensus price target is $116.39. The 52-week range is $79.95 to $133.27.
eBay Inc. (NASDAQ: EBAY) is set to share its latest quarterly earnings on Wednesday. The consensus estimates call for $0.42 in EPS and $2.17 billion in revenue. Shares ended the week at $26.34, in a 52-week trading range of $21.52 to $29.83. The stock has a consensus price target of $28.34.
Halliburton Co. (NYSE: HAL) is scheduled to reveal its second-quarter results on Wednesday. The consensus estimates call for a net loss of $0.19 per share, as well as $3.76 billion in revenue. Shares were trading at $45.46 on Friday’s close. The consensus price target is $49.12. The stock has a 52-week trading range of $27.64 to $46.69.
Qualcomm Inc. (NASDAQ: QCOM) is set to report its fiscal third-quarter results on Wednesday. The analysts’ consensus estimates call for EPS of $0.97 and $5.58 billion in revenue. Shares were changing hands at $54.75 on Friday’s close. The consensus price target is $57.61, and the stock has a 52-week trading range of $42.24 to $66.05.
Pandora Media Inc. (NYSE: P) is set to share its latest quarterly earnings on Thursday. The consensus estimates call for a net loss of $0.16 per share on $351.58 million in revenue. Shares were at $12.98 on Friday’s close, in a 52-week trading range of $7.10 to $22.60. The consensus price target is $14.41.
AT&T Inc. (NYSE: T) is scheduled to reveal its second-quarter results on Thursday. The consensus estimates call for $0.72 in EPS, as well as $40.66 billion in revenue. Shares were trading at $42.89 on Friday’s close. The consensus price target is $40.35. The stock has a 52-week trading range of $30.97 to $43.89.
General Motors Co. (NYSE: GM) is set to report its second-quarter results on Thursday. The analysts’ consensus estimates call for EPS of $1.49 and $38.59 billion in revenue. Shares of GM were changing hands at $30.77 as last week came to a close. The consensus price target is $36.69, and the stock has a 52-week trading range of $24.62 to $36.88.
American Airlines Group Inc. (NASDAQ: AAL) is set to share its latest quarterly earnings on Friday. The consensus estimates call for $1.66 in EPS on $10.31 billion in revenue. Shares closed at $35.89 on Friday’s, in a 52-week trading range of $24.85 to $47.09. The consensus price target is $40.96.
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