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The Week Ahead: Blue-Chip Earnings Galore

Wall Street will digest quarterly earnings reports from more than a dozen blue-chip stocks next week

Apr 14, 2016 at 12:11 PM
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Earnings season is ready to explode next week, with 14 Dow components set to report. In addition, high-profile stocks like Netflix, Inc. (NASDAQ:NFLX), PepsiCo, Inc. (NYSE:PEP), and Alphabet Inc (NASDAQ:GOOGL) could swing on corporate earnings reports, with a chunk of the action taking place on Thursday. The economic calendar, meanwhile, is dominated by housing data early in the week.

Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Monday, April 18

The week starts off with the NAHB housing market index. On the earnings front, IBM (IBM), Hasbro (HAS), Morgan Stanley (MS), NFLX, and PEP will report.  

Tuesday, April 19

Tuesday's economic docket features housing starts for March. Goldman Sachs (GS), Intel (INTC), Johnson & Johnson (JNJ), UnitedHealth (UNH), Brinker International (EAT), Discover Financial Services (DFS), Harley-Davidson (HOG), Intuitive Surgical (ISRG), Navient (NAVI), Philip Morris International (PM), TD Ameritrade (AMTD), VMware (VMW), and Yahoo! (YHOO) all report earnings.

Wednesday, April 20

Existing home sales will be released on Wednesday, along with the regularly scheduled weekly crude inventories report. Stepping into the earnings spotlight will be American Express (AXP), Coca-Cola (KO), Abbott Labs (ABT), Angie's List (ANGI), ARM Holdings (ARMH), Canadian Pacific (CP), Citrix Systems (CTXS), F5 Networks (FFIV), Las Vegas Sands (LVS), Mattel (MAT), Newmont Mining (NEM), QUALCOMM (QCOM), Steel Dynamics (STLD), St. Jude Medical (STJ), Tupperware (TUP), Tractor Supply (TSCO), United Rentals (URI), and Yum! Brands (YUM)

Thursday, April 21

Weekly jobless claims will headline the day for economic data, with the Philadelphia Fed business outlook survey also scheduled for release. On the earnings plate are Microsoft (MSFT), Travelers (TRV), Verizon (VZ), Visa (V), Advanced Micro Devices (AMD), Alaska Air (ALK), GOOGL, Biogen (BIIB), Blackstone (BX), DR Horton (DHI), E*TRADE (ETFC), Fairchild Semiconductor (FCS), Fifth Third Bancorp (FITB), General Motors (GM), Hawaiian Holdings (HA), Norfolk Southern (NSC), Novartis AG (NVS), PulteGroup (PHM), Schlumberger (SLB), Sherwin-Williams (SHW), Starbucks (SBUX), Under Armour (UA), and Union Pacific (UNP).

Friday, April 22

Markit's flash purchasing managers index (PMI) is due Friday. As for earnings, Caterpillar (CAT), General Electric (GE)McDonald's (MCD), American Airlines (AAL), Honeywell (HON), Kimberly-Clark (KMB), LyondellBasell (LYB), and SunTrust Banks (STI) are scheduled to report.

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