Netflix, Blue-Chip Earnings, GDP Headline Busy Week

A pair of housing reports will also hold Wall Street's attention

Jan 17, 2018 at 4:02 PM
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Earnings season kicks into high gear next week, with several high-profile names set to release fourth-quarter results. While Netflix, Inc. (NASDAQ:NFLX) will represent its fellow FAANG stocks, several blue-chip companies will take turns in the limelight -- including embattled General Electric Company (NYSE:GE). Meanwhile, the economic calendar starts heating up mid-week, with all eyes on Friday's durable goods and gross domestic product (GDP) data.

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.

There are no economic reports scheduled for Monday, Jan. 22. Netflix (NFLX), Halliburton (HAL), Steel Dynamics (STLD), and TD Ameritrade (AMTD) will report earnings.

The only economic event to note on Tuesday, Jan. 23, is an after-the-close speech from Chicago Fed President Charles Evans. The earnings calendar is full, however, with reports from Johnson & Johnson (JNJ), Procter & Gamble (PG), Travelers (TRV), Verizon (VZ), Capital One Financial (COF), Cree (CREE), Fifth Third (FITB), Kimberly-Clark (KMB), and Texas Instruments (TXN) due.

Markit's flash composite purchasing managers index (PMI) will be released on Wednesday, Jan. 24, along with existing home sales and the weekly crude inventories update. General Electric (GE), United Technologies (UTX), Abbott Laboratories (ABT), Comcast (CMCSA), Discover Financial (DFS), F5 Networks (FFIV), Ford Motor (F), General Dynamics (GD), Legg Mason (LM), Norfolk Southern (NSC),Las Vegas Sands (LVS), Mattel (MAT), Royal Caribbean Cruises (RCL), Stanley Black & Decker (SWK), Whirlpool (WHR), and Xilinx (XLNX) will step up to the earnings plate.

Thursday, Jan. 25, will be busy on the economic front, with international trade data, weekly jobless claims, and new home sales slated for release. The earnings docket is jam-packed, too, with 3M (MMM), Caterpillar (CAT), Intel (INTC), Alaska Air Group (ALK), American Airlines (AAL), Biogen (BIIB), Celgene (CELG), Cleveland-Cliffs (CLF), E*Trade Financial (ETFC), Fiat Chrysler (FCAU), Freeport-McMoRan (FCX), Helmerich & Payne (HP), Intuitive Surgical (ISRG), JetBlue Airways (JBLU), Northrop Grumman (NOC), Raytheon (RTN), Sherwin-Williams (SHW), Southwest Airlines (LUV), Starbucks (SBUX),  Wynn Resorts (WYNN), and Western Digital (WDC) all scheduled to report.

Durable goods orders and the advance reading on fourth-quarter GDP will hit the Street on Friday, Jan. 26. AbbVie (ABBV), Colgate-Palmolive (CL), and Honeywell (HON) will round out the week's earnings reports.

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