Busy Pre-Election Week Ahead With Big-Name Earnings

Tech names Facebook and Microsoft will also report earnings

Assistant Editor
Oct 22, 2020 at 2:21 PM
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Investors have a great deal to look forward to this coming pre-election week, with consumer data, housing data, and gross domestic product (GDP) all due out. Of course, there will be plenty of important earnings to pay attention to, with coronavirus vaccine candidates Eli Lilly (LLY), Gilead (GILD), Pfizer (PFE), and Moderna (MRNA) all announcing their quarterly reports.

Tech names Twitter (TWTR), Microsoft (MSFT) and Facebook (FB) will step into the quarterly confessional, as well as plenty of blue-chip names reporting earnings throughout the week. Considering the still unresolved second stimulus drama, its shaping up to be a wild week leading up to the 2020 U.S. presidential election.

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.

Monday, October 26 starts the week off with the Chicago Fed national activity index as well as new home sales data for September. On the earnings docket will be Beyond Meat (BYND), Chegg (CHGG), HCA (HCA), and Twilio (TWLO).

On Tuesday, October 27, it gets busier with data on durable goods orders and core capital goods orders, as well as the Case-Shiller national home index and Consumer confidence index. Meanwhile, 3M (MMM), Caterpillar (CAT), Eli LillyEnphase Energy (ENPH), First Solar (FSLR), JetBlue Airways (JBLU), Microsoft, Pfizer, and Raytheon Technologies (RTX) will all report earnings.

By Wednesday, October 28, trade balance data is on tap, with earnings from Amgen (AMGN), Boeing (BA), eBay (EBAY), Etsy (ETSY), Fiverr (FVRR), Ford (F), Gilead Sciences, Sony (SNE), Teladoc (TDOC), and UPS (UPS) slated for release.

Thursday, October 29, will bring initial and continuous jobless claims, gross domestic product (GDP), and pending home sales. Also, Comcast (CMCSA), Facebook, Moderna, Shopify (SHOP), Starbucks (SBUX), and Twitter will step into the earnings confessional.

And finally on Friday, October 30, consumer spending data and the employment cost data and will be released, with earnings from Abbvie (ABBV), Exxon Mobile (XOM), and Honeywell (HON). 

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