Netflix, Bank of America, United Continental and More Earnings On Tap This Week

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By Chris Lange Updated Published
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The U.S. broad markets ended this past up for the first time in a while. Year to date, the Dow Jones industrial average and the S&P 500 are down 1.5% and 0.6%, respectively. Although the numbers have been worse, the past week’s gain and a positive outlook for an earnings season that could very well stabilize the markets.

24/7 Wall St. has put together a preview of a few notable companies expected to report their latest results in the coming week. We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history for these companies ahead of the report.

See what to expect from GE, Goldman Sachs, IBM and others in our separate Dow earnings preview.

Netflix Inc.’s (NASDAQ: NFLX) first-quarter report is scheduled for Monday after the markets close. The consensus estimates are $0.64 in earnings per share (EPS) on $3.69 billion in revenue. The shares ended the week at $311.65. The consensus price target is $286.62, and the 52-week trading range is $138.66 to $333.98.

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Bank of America Corp. (NYSE: BAC) is set to release its most recent quarterly results first thing on Monday. The consensus forecast calls for $0.59 in EPS and $23.06 billion in revenue for the first quarter. Shares traded on Friday’s close at $29.80. The consensus price target is $34.75, and the 52-week range is $22.07 to $33.05.

United Continental Holdings Inc. (NYSE: UAL) will report its most recent quarterly results Tuesday afternoon. The consensus estimates for the first quarter call for EPS of $0.25 and $8.96 billion in revenue. The airline’s shares were last seen trading at $66.54, in a 52-week range of $56.51 to $83.04. The consensus price target is $82.69.

Morgan Stanley’s (NYSE: MS) first-quarter report is scheduled for Wednesday before the opening bell. The consensus forecast is $1.25 in EPS on $10.32 billion in revenue. Shares ended the week at $52.98 apiece. The consensus price target is $61.64, and the 52-week range is $40.43 to $59.38.

Philip Morris International Inc. (NYSE: PM) is expected to release its most recent quarterly results first thing on Thursday. The consensus forecast calls for $0.90 in EPS and $6.99 billion in revenue for the first quarter. Shares traded on Friday’s close at $101.85. The consensus price target is $120.07, and the 52-week range is $95.51 to $123.55.

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Honeywell International Inc. (NYSE: HON) will report its most recent quarterly results Friday morning. The consensus estimates for the first quarter call for EPS of $1.90 and $10.02 billion in revenue. Shares were last seen trading at $146.12, in a 52-week range of $122.40 to $165.13. The consensus price target is $173.00.

The Schlumberger Ltd. (NYSE: SLB) first-quarter report also is scheduled for Friday before the opening bell. The consensus forecast is $0.37 in EPS on $7.81 billion in revenue. Shares ended the week at $67.95 apiece. The consensus price target is $81.17, and the 52-week range is $61.02 to $80.35.

And Synchrony Financial (NYSE: SYF) also is expected to release its most recent quarterly report early Friday. The consensus forecast calls for EPS of $0.76 on $3.9 billion in revenue for this quarter. Shares closed most recently at $34.07. The consensus price target is $43.76, and shares have changed hands between $26.01 and $40.59 in the past year.

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Photo of Chris Lange
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.

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