IBM and Microsoft are among the blue chips scheduled to report earnings next week
Earnings season will be in full swing next week, with a slew of big-cap companies slated to report.
Netflix, Inc. (NASDAQ:NFLX) will kick things off on Monday, with a handful of blue chips -- including
Microsoft Corporation (NASDAQ:MSFT) and
Johnson & Johnson (NYSE:JNJ) -- unveiling their quarterly reports later in the week. In addition, big-name financials will remain in focus, with
Goldman Sachs Group Inc (NYSE:GS),
American Express Company (NYSE:AXP),
Visa Inc (NYSE:V), and
Bank of America (NYSE:BAC) among those listed on the earnings docket.
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.
The week kicks off on
Monday, July 17, with the Empire State manufacturing survey. Earnings are expected from
Netflix (NFLX) and BlackRock (BLK).
Tuesday, July 18, brings international trade data, the NAHB housing market index, and Treasury International Capital (TIC) data to the table. Goldman Sachs (GS), International Business Machines (IBM), Johnson & Johnson (JNJ), UnitedHealth (UNH),
Altaba (AAB),
Bank of America (BAC), Charles Schwab (SCHW), CSX (CSX), Harley-Davidson (HOG), J B Hunt (JBHT), Lockheed Martin (LMT), Novartis (NVS), TD Ameritrade (AMTD), and United Continental Holdings (UAL) are scheduled to report earnings.
On Wednesday, July 19, the regularly scheduled crude inventories update will hit the Street, along with housing starts. American Express (AXP), Alcoa (AA), Canadian Pacific (CP), Kinder Morgan (KMI), Morgan Stanley (MS), QUALCOMM (QCOM), Sarepta Therapeutics (SRPT), Steel Dynamics (STLD), T-Mobile (TMUS), and United Rentals (URI) are scheduled to report earnings.
The week picks up speed on Thursday, July 20, with weekly jobless claims and the Philly Fed Business Outlook. The Fed also plans to publish its balance sheet, and the Institute of Supply Management (ISM) manufacturing index will hit the Street. A handful of earnings reports are also expected Thursday, including Microsoft (MSFT), Travelers (TRV), Visa (V), Abbott Labs (ABT), athenahealth (ATHN), Blackstone (BX), Capital One Financial (COF), eBay (EBAY), Intuitive Surgical (ISRG), Nucor (NUE), Philip Morris International (PM), Sherwin-Williams (SHW), Skechers (SKX), Skyworks Solutions (SWKS), and Union Pacific (UNP).
There's little economic data for Friday, July 21. General Electric (GE), Colgate-Palmolive (CL), Fifth Third Bancorp (FITB), Honeywell International (HON), and Schlumberger (SLB) make up the earnings slate.