Please enable JavaScript to view the comments powered by Disqus.

Stock Watch

Earnings Reports for the Week of Jan. 21-25 (F, IBM, ISRG)

Check out our weekly earnings calendar and read the latest quarterly earnings previews.

Getty Images

Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.

Earnings Calendar Highlights


Noteworthy Earnings Reports: N/A (Market closed for Martin Luther King Jr. Day)

SEE ALSO: 7 Companies Getting Hit by the Government Shutdown


Earnings Spotlight: International Business Machines (IBM, $122.19) – IBM, like much of the market, will enter the earnings season covering Q4 2018 reports with a bit of a head of steam. IBM shares are up about 8% so far in the young year… yet the stock remains down more than 26% over the past 52 weeks. Wall Street is still trying to handicap what 2018’s purchase of software company Red Hat (RHT) means for IBM, though that won’t show up in this quarter’s financials. Instead, analysts are looking for IBM to slip into another revenue-decline streak after having snapped its 22-quarter slump a year ago. The consensus estimate is for a 3.5% dip in sales to $21.75 billion, and a 5.8% slide in profits to $4.84 per share. Instinet analyst Jeffrey Kvaal says the strength of the U.S. dollar could hamper results this quarter and beyond in 2019. IBM will report its numbers after the Jan. 22 close.

Other Noteworthy Reports: Capital One Financial (COF), Fifth Third Bancorp (FITB), Halliburton (HAL), Johnson & Johnson (JNJ), PetMed Express (PETS), Prologis (PLD), Steel Dynamics (STLD), TD Ameritrade (AMTD), Travelers (TRV), UBS Group (UBS), Zions Bancorp (ZION)


Earnings Spotlight: Ford (F, $8.36) – Ford is on a multiyear downward trajectory that hasn’t let up over the past 12 months, with shares losing nearly a third of their value in that time. The company’s stock is up 10% year-to-date, but that also reflects a significant dip a couple days ago prompted by the release of preliminary earnings figures that disappointed Wall Street. The company said full-year profits came to $1.30 per share – shy of the $1.32 that analysts expected, and at the very low end of the $1.30-$1.50 range it had pointed at through October. Vague guidance for 2019 also spooked the Street. ISI Evercore analysts wrote in response, “Investor patience is likely to be further tested today as Ford has basically once again said ‘your guess’ to the financial community with respect to specific financial guidance ([this time being it’s 2019 outlook).” Ford will report its financials after the Jan. 23 close. Analysts had targeted a 3.9% decline in revenues to $37.01 billion, and a 21.9% dip in earnings to 32 cents per share.

SEE ALSO: The Dogs of the Dow 2019

Other Noteworthy Reports: Abbott Laboratories (ABT), Canadian Pacific Railway (CP), Citrix Systems (CTXS), Crown Castle International (CCI), F5 Networks (FFIV), Kimberly-Clark (KMB), Lam Research (LRCX), Las Vegas Sands (LVS), NovaGold Resources (NG), Procter & Gamble (PG), Texas Instruments (TXN), United Technologies (UTX), Xilinx (XLNX)


Earnings Spotlight: Intuitive Surgical (ISRG, $534.28) – For Intuitive Surgical, its drop in Q4 2018 wasn’t an extension of several years of losses like IBM and Ford, but a pause in what has been a torrid uptrend. The stock lost a quarter of its value from its October highs through its December lows, but has recovered much of that deficit and now sits 270% better than where it was five years ago. That’s fitting, as an October upgrade by Canaccord Genuity analyst Jason Mills included these comments: “While valuation is not cheap, it has moderated materially in this latest market downdraft. Importantly, we think the robotics revolution, which ISRG looks primed to continue to lead via massive investment in next-generation technology, is actually gaining momentum.” The valuation has come down a bit since then, and there’s still plenty of upside in his $610 price target. When Intuitive Surgical reports after the Jan. 24 closing bell, analysts will be looking for 15.8% growth in sales, to $1.03 billion, fueling a 20.5% pop in profits to $3.06 per share.

Other Noteworthy Reports: Alaska Air Group (ALK), Bristol-Myers Squibb (BMY), Discover Financial Services (DFS), E*TRADE Financial (ETFC), Freeport-McMoRan (FCX), Huntington Bancshares (HBAN), Intel (INTC), Intuitive Surgical (ISRG), JetBlue (JBLU), McCormick (MKC), Norfolk Southern (NSC), Rogers Communications (RCI), Southwest Airlines (LUV), Starbucks (SBUX), Union Pacific (UNP), W.W. Grainger (GWW), Western Digital (WDC)


Noteworthy Earnings Reports: AbbVie (ABBV), Air Products & Chemicals (APD), Colgate-Palmolive (CL), D.R. Horton (DHI), Lear (LEA), NextEra Energy (NEE), Synchrony Financial (SYF), Vodafone (VOD)

Reporting schedules provided by MarketWatch and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond