Investing

Apple, Exxon, Pfizer and More Dow Earnings to Watch For

Chris Lange

Published: October 28, 2018 7:20 am

Last Updated: January 11, 2020 3:45 pm

This past week was rocky for the Dow Jones industrials, with the index losing about 2.6%. Although, compared to the S&P 500 and the Nasdaq, the Dow did the best out of the group. It seems that the markets are in correction territory with all the 2018 gains erased. The Dow might be able to stave off these market headwinds if its components reporting this week offer some favorable numbers.

Six of the index’s 30 components are expected to share their results this week. The index is down about 6% in the past 30 days, although it is roughly flat 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 Facebook, Starbucks and 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.

Coca-Cola Co. (NYSE: KO) is set to report its most recent quarterly results on Tuesday. Analysts are looking for $0.55 in earnings per share (EPS) and $8.17 billion in revenue. Shares closed last week at $45.89, with a consensus price target of $50.93 and a 52-week trading range of $41.45 to $48.62.

Pfizer Inc. (NYSE: PFE) is expected to report its third-quarter results on Tuesday. The consensus forecast sees EPS of $0.75 on $13.53 billion in revenue. Shares were changing hands at $42.48 as last week came to a close. The consensus price target is $43.11, and the stock has a 52-week range of $33.20 to $45.81.

On Thursday, Apple Inc. (NASDAQ: AAPL) is scheduled to reveal its fiscal fourth-quarter results. The consensus estimates are $2.78 in EPS and $61.59 billion in revenue. Shares were trading at $215.80 as the week’s trading ended. The consensus price target is $239.63. The 52-week range is $150.24 to $233.47.

DowDuPont Inc. (NYSE: DWDP) will share its latest quarterly earnings on Thursday as well. The consensus estimates call for $0.72 in EPS and $20.21 billion in revenue. Shares ended last week at $52.01, in a 52-week range of $51.33 to $77.08. The consensus analyst target is $78.55.

Chevron Corp. (NYSE: CVX) is expected to report its most recent quarterly results on Friday. The consensus analyst estimates are $2.08 in EPS and revenue of $46.67 billion. Shares of Chevron were at $111.56 on Friday’s close. The consensus price target is $145.89, and the 52-week range is $108.02 to $133.88.

And Exxon Mobil Corp. (NYSE: XOM) also is scheduled to report its third-quarter results on Friday. The consensus forecast is EPS of $1.23 on $73.55 billion in revenue. Shares were changing hands at $77.55 as last week came to a close. The consensus price target is $89.85, and the stock has a 52-week range of $72.16 to $89.30.