Amazon Earnings, GDP Highlight Busy Week

Dow stocks BA, CAT, KO, VZ could move after earnings

by Patrick Martin

Published on Apr 19, 2018 at 12:56 PM
Updated on Apr 19, 2018 at 12:56 PM

Earnings season hits high gear next week, with big names from virtually every sector set to step up to the plate. Boeing (BA), Caterpillar (CAT), Coca Cola (KO), and Verizon Communications (VZ) are among the blue chips due up. FAANG names Alphabet (GOOGL), Amazon.com (AMZN), and Facebook (FB) will also report, and we'll also hear from airliners and auto names. In addition to the jam-packed earnings slate, the first read on first-quarter gross domestic product (GDP) will be featured at the end of 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.

On Monday, April 23, Markit's flash composite purchasing managers index (PMI) and existing home sales will kick off the week. Alphabet (GOOGL), Alaska Air (ALK), FirstEnergy (FE), Halliburton (HAL), Hasbro (HAS), Kimberly-Clark (KMB), Wynn Resorts (WYNN), and Xerox (XRX) will report earnings.

The S&P CoreLogic Case-Shiller home price index, new home sales, and data on consumer confidence will be released on Tuesday, April 24. 3M (MMM), Caterpillar (CAT), Coca Cola (KO), Travelers (TRV), United Technologies (UTX), Verizon Communications (VZ), Barrick Gold (ABX), Biogen (BIIB), Centene (CNC), Cree (CREE), Eli Lilly (LLY), Equifax (EFX), Fifth Third Bancorp (FITB), Freeport McMoRan (FCX), Harley Davidson (HOG), iRobot Corporation (IRBT) JetBlue Airways (JBLU), Lockheed Martin (LMT), Teck Resources (TECK), and Texas Instruments (TXN) will step into the earnings confessional.

Wednesday, April 25, brings the MBA mortgage index and weekly crude inventories. Boeing (BA), Visa (V), Facebook (FB), Advanced Micro Devices (AMD), Chipotle Mexican Grill (CMG), Ford Motor (F), Twitter (TWTR), Qualcomm (QCOM), Allegiant Travel (ALGT), Anthem (ANTM), AT&T (T), Dr Pepper Snapple (DPS) eBay (EBAY), Evercore (EVR), F5 Networks (FFIV), General Dynamics (GD), Goodyear Tire (GT), Innoviva (INVA), O'Reilly Auto Parts (ORLY), PayPal (PYPL), Rockwell Automation (ROK), Sarepta Therapeutics (SRPT), and Trivago (TRVG) will unveil earnings.

Weekly jobless claims, durable goods orders, the Fed's balance sheet, and international trade data are due out on Thursday, April 26. Intel (INTC), Microsoft (MSFT), Amazon.com (AMZN), AbbVie (ABBV), Alexion Pharma (ALXN), American Airlines (AAL), Domino's Pizza (DPZ), D.R. Horton (DHI), Dunkin Brands (DNKN), Expedia (EXPE), Fiat Chrysler (FCAU), First Solar (FSLR), General Motors (GM), Hershey Foods (HSY), Mattel (MAT), MGM Resorts (MGM), PepsiCo (PEP), Royal Caribbean Cruises (RCL), Southwest Airlines (LUV), Spirit Airlines (SAVE), Starbucks (SBUX), Time Warner (TWX), United Parcel Service (UPS), U.S. Steel (X), and Western Digital (WDC) will all report earnings.

On Friday, April 27, the week will close out with the advance reading of first-quarter GDP, as well as consumer sentiment stats, the employment cost index, and the Chicago PMI. Earnings from Chevron (CVX), Exxon Mobil (XOM), Cabot Oil & Gas (COG), Dominion Energy (D), and Phillips 66 (PSX) will finish out the busy week of reports.

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