Investing

Boeing, Caterpillar, Microsoft and More Dow Earnings Coming This Week

Thinkstock

Although markets were somewhat shaky for the first big week of the new earnings reporting season, they ultimately closed up for the second week in a row. This is only a small step, but it has proven that solid fundamentals can stabilize this market.

Ten of the index’s 30 components are expected to share their results this week. The Dow Jones industrial index has been subject to incredible volatility since January, but as we mentioned before, this earnings season could stabilize the index.

24/7 Wall St. has put together a preview of the Dow Jones industrial average 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.

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 $5.57 in earnings per share (EPS) and $8.69 billion in revenue. Shares closed the week at $217.75, with a consensus price target of $237.92 and a 52-week trading range of $190.59 to $259.77.

International Business Machines Corp. (NYSE: IBM) is expected to report its first-quarter results on Tuesday. The analysts’ consensus forecast is EPS of $2.52 on $8.26 billion in revenue. Shares were changing hands at $156.71 as last week came to a close. The consensus price target is $170.75, and the stock has a 52-week range of $139.13 to $171.69.

Caterpillar Inc. (NYSE: CAT) will share its latest quarterly earnings on Tuesday. The consensus estimates call for $2.08 in EPS and $11.98 billion in revenue. Shares ended last week at $153.25, in a 52-week range of $93.81 to $173.24. The consensus analyst target is $178.26.

Coca-Cola Co. (NYSE: KO) is scheduled to share its quarterly report on Tuesday as well. The consensus estimates are $0.46 in EPS on $7.31 billion in revenue. Shares were last seen at $43.74. The stock has a 52-week range of $42.19 to $48.62, and the consensus price target is $50.03.

On Tuesday, Verizon Communications (NYSE: VZ) is expected to report its most recent quarterly results. The consensus analyst estimates are $1.71 in EPS and revenue of $9.05 billion. Shares of Verizon were at $47.90 on Friday’s close. The consensus price target is $56.08, and the 52-week range is $42.80 to $54.77.

Boeing Co. (NYSE: BA) is expected to report its first-quarter results on Wednesday. The analysts’ consensus forecast is EPS of $2.56 on $22.09 billion in revenue. Shares were changing hands at $338.67 as last week came to a close. The consensus price target is $387.29, and the stock has a 52-week range of $175.47 to $371.60.

Visa Inc. (NYSE: V) will share its latest quarterly earnings on Wednesday. The consensus estimates call for $1.02 in EPS and $4.8 billion in revenue. Shares ended last week at $124.20, in a 52-week range of $90.98 to $126.88. The consensus analyst target is $140.09.

Intel Corp. (NASDAQ: INTC) is scheduled to share its quarterly report on Thursday. The consensus estimates are $0.72 in EPS on $15.05 billion in revenue. Shares were last seen at $51.53. The stock has a 52-week range of $33.23 to $52.28, and the consensus price target is $54.22.

Microsoft Corp. (NASDAQ: MSFT) also is expected to report its most recent quarterly results on Thursday. The consensus analyst estimates are $0.85 in EPS and revenue of $25.77 billion. Shares of Microsoft were at $95.00 on Friday’s close. The consensus price target is $105.21, and the 52-week range is $65.45 to $97.24.

On Friday, Chevron Corp. (NYSE: CVX) is scheduled to reveal its first-quarter results. The consensus estimates are $1.49 in EPS and $40.7 billion in revenue. Shares were trading at $122.31 as the week came to a close. The consensus price target is $135.88. The 52-week range is $102.55 to $133.88.

Look for Exxon Mobil Corp. (NYSE: XOM) to report its most recent quarterly results on Friday too. Analysts are looking for EPS of $1.16 and $66.78 billion in revenue. The shares were changing hands at $79.00 on Friday’s close. The consensus price target is $85.98, and the 52-week range is $72.16 to $89.30.

Also see our separate previews of major pharma and biotech earnings and of the FANGs and more reporting this week.

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.