Streaming name Netflix will report earnings next week
Next week will bring a slew of notable earnings, including the likes of blue chips Visa (V), IBM (IBM), Intel (INTC), Coca-Cola (KO), and American Express (AXP). Netflix (NFLX) and Snap (SNAP) will also step into the earnings confessional, while weekly jobless claims will remain in focus as Wall Street closely follows the economic fallout of COVID-19.
Below is a brief list of some key market events and a few high-profile earnings releases scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
On Monday, April 20, the Chicago Fed national activity index is on tap for economic data. Meanwhile, IBM, Visa, American Airlines (AAL), Cadence Design Systems (CDNS), and Steel Dynamics (STLD) will report earnings.
Tuesday, April 21 will bring existing home sales, and earnings from Coca-Cola, Chipotle (CMG), Fifth Third (FITB), JetBlue Airways (JBLU), Netflix, SNAP, and Travelers (TRV).
The economic calendar for Wednesday, April 22 will host MBA mortgage applications. On the earnings front will be Alcoa (AA), AT&T (T), Delta Air Lines (DAL), Quest Diagnostics (DGX), Spirit Airlines (SAVE), and Tesla (TSLA).
Thursday, April 23 gets busier with weekly jobless claims, Markit manufacturing purchasing manager’s index (PMI), Markit services PMI, and new home sales. Intel, Domino's Pizza (DPZ), Eli Lilly (LLY), Hershey (HSY), Mattel (MAT), Southwest Air (LUV), Steven Madden (SHOO), and TAL Education (TAL) will throw their hats into the earnings ring.
The week ends on Friday, April 24 with durable goods orders and the consumer sentiment index. American Express (AXP) and Verizon (VZ) will step into the earnings confessional.