Kiplinger's Weekly Earnings Calendar

Stock Watch

Earnings Reports for the Week of Jan. 27-31 (AAPL, AMZN, GE, TSLA)

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

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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

MONDAY

Noteworthy Earnings Reports: Arconic (ARNC), Crane (CR), D.R. Horton (DHI), Graco (GGG), HomeStreet (HMST), Juniper Networks (JNPR), Sprint (S), Whirlpool (WHR)

SEE ALSO: 30 Massive Dividend Increases From the Past Year

TUESDAY

Earnings Spotlight: Apple (AAPL, $319.23) – Apple will enter its Jan. 28 evening earnings report, for its fiscal first quarter ended Dec. 31, red-hot – the stock has more than doubled over the past year and is up 32% over the past year alone. Formerly wobbly iPhone sales have shown signs of strength of late; Consumer Intelligence Research Partners said Apple’s lineup of new iPhone 11s made up 69% of iPhone sales in the U.S. during the 2019 holiday season, vs. 65% for 2018’s new lineup during that holiday season. Bank of America analyst Wamsi Mohan recently wrote that the iPhone 11’s better-than-expected performance "proves Apple’s brand loyalty and retention rates and shows that the company can count on a steady stream of phone sales," even without major design changes. He raised his price target to $340 per share and maintained his Buy rating. As for Tuesday’s report: Analysts are expecting 4.9% year-over-year revenue growth to $88.43 billion, fueling 8.6% earnings growth to $4.54 per share.

Other Noteworthy Reports: 3M (MMM), Advanced Micro Devices (AMD), Alaska Air (ALK), A.O. Smith (AOS), Boston Properties (BXP), Canadian National Railway (CNI), CIT Group (CIT), eBay Inc. (EBAY), Equity Residential (EQR), Harley-Davidson (HOG), HCA Healthcare (HCA), Lear (LEA), Lockheed Martin (LMT), McCormick (MKC), Nucor (NUE), NVR Inc. (NVR), Pentair (PNR), Pfizer (PFE), Polaris Industries (PII), PulteGroup (PHM), Starbucks (SBUX), United Technologies (UTX), Xerox (XRX), Xilinx (XLNX)

WEDNESDAY

Earnings Spotlight: General Electric (GE, $11.77) – A “budding turnaround.” A “positive inflection point.” These and other promising comments by the analyst community have driven a roughly 30% run in GE shares over the past quarter, and signal hope that the much-maligned industrial giant might legitimately be bouncing off the bottom. Morgan Stanley analyst Joshua Pokrzywinski recently upgraded General Electric’s stock to Overweight (equivalent of Buy) with a $14 price target. Among the bullish drivers he cites: “We view Aviation as a best-in-class franchise and the 737 Max disruption as temporary. At the same time, tail risks from power, pension and long-term care are declining. 2021 brings significant cash flow and strong improvement in risk/reward.” GE will try to justify its recent gains and spark some more when it reports fourth-quarter earnings ahead of the Jan. 29 opening bell. Analysts expect a mixed quarter of $25.59 billion in revenues (-23.10%) and 18 cents per share in profits (+5.9%).

Earnings Spotlight: Tesla (TSLA, $572.20) – The electric automaker has turned around years of stock stagnation and stunned its doubters by ripping off 125% in gains over the past three months, including a 37% run in less than a full month into 2020. TSLA’s stock chart is truly something to behold at the moment:

Shares have been buffeted by a host of positive headlines: demand for its vehicles is strong, the company is showing strength in China and Europe, and the company’s Chinese factory started delivering its first Model 3s at the end of 2019. Short sellers – people betting against a stock by borrowing shares just to sell them – were “squeezed out” (forced to close their trades by buying out stock) in 2019, amplifying some gains. However, despite collectively losing $3.3 billion so far in 2020, according to Business Insider, the remaining shorts (representing about 20% of available Tesla stock) are clinging to their bets. The analyst community mains heavily split on Tesla, but even Holds and Sells are being forced to re-evaluate their positions. Wedbush’s Dan Ives recently raised his price target from $370 per share to $550 – roughly where Tesla was trading at the time – despite maintaining a Neutral rating. “With the drumroll of Tesla bulls now focused on earnings next week … we believe (Elon) Musk & Co. will not disappoint as underlying strength in China and Europe demand appear robust based on our analysis.” For the company’s fourth quarter, to be announced after the Jan. 29 close, analysts are expecting a 2.9% revenue decline to $7.02 billion, and a 10.9% dip in profits to $1.72 per share.

Other Noteworthy Reports: Anthem (ANTM), Archer Daniels Midland (ADM), AT&T (T), Automatic Data (ADP), Avery Dennison (AVY), Blue Apron (APRN), Boeing (BA), Brinker International (EAT), Canadian Pacific (CP), Cirrus Logic (CRUS), Corning (GLW), Dow Inc. (DOW), Duke Realty (DRE), Essex Property Trust (ESS), Facebook (FB), General Dynamics (GD), General Electric (GE), Illumina (ILMN), Lam Research (LRCX), Las Vegas Sands (LVS), Marathon Petroleum (MPC), MarketAxess Holdings (MKTX), MasterCard (MA), McDonald’s (MCD), Microsoft (MSFT), Mid-America Apartment Communities (MAA), Mondelez (MDLZ), Norfolk Southern (NSC), Novartis (NVS), PayPal (PYPL), Progressive (PGR), Rockwell Automation (ROK), Royal Caribbean (RCL), ServiceNow (NOW), Stanley Black & Decker (SWK), T. Rowe Price (TROW)

 

SEE ALSO: 13 Super Small-Cap Stocks for 2020 and Beyond

THURSDAY

Earnings Spotlight: Amazon.com (AMZN, $1,884.58) – Amazon has been making plenty of headlines of late, though not all of them have been rosy. On the upside, Amazon Music surpassed 55 million customers, digging into the likes of Apple Music and Spotify (SPOT). However, in Q4 2019, the company’s Amazon Web Services cloud business lost out on a lucrative national defense contract that was instead awarded to Microsoft (MSFT) – a result that Amazon is now trying to battle out in courts, accusing President Donald Trump of interfering. Meanwhile, a United Nations investigation concluded “with medium to high confidence” that CEO Jeff Bezos’ phone was hacked in 2018 by Saudi Arabia’s Crown Prince Mohammed bin Salman. That’s a mixed bag, but the analyst community’s opinions remain decidedly one-sided; 36 have sounded off over the past three months, and of those, 35 continued to declare the stock a “Buy.” Among the bulls is Morgan Stanley’s Brian Nowak (Overweight), who raised his price target to $2,200, saying that the company’s push for one-day shipping is “deepening AMZN’s moats, leading to larger share gains/profits.” He concedes that investments in one-day shipping will crimp earnings in the near-term, however, and that indeed appears to be the general consensus’ thought too. The pros are estimating an 18.7% year-over-year jump in sales, to $85.90 billion, but a 33.1% decline in profits to $4.04 per share. That report will come Jan. 30 after the market close.

Other Noteworthy Reports: Altria (MO), Amgen (AMGN), AmerisourceBergen (ABC), Biogen (BIIB), Blackstone (BX), Coca-Cola (KO), Danaher (DHR), Dover (DOV), DuPont (DD), Electronic Arts (EA), Eli Lilly (LLY), Enterprise Products Partners LP (EPD), Franklin Resources (BEN), Grainger (GWW), Hershey Foods (HSY), Levi Strauss (LEVI), Northrop Grumman (NOC), Quest Diagnostics (DGX), Raytheon (RTN), Royal Dutch Shell (RDS.A), Sherwin-Williams (SHW), United Parcel Service (UPS), U.S. Steel (X), Valero Energy (VLO), Verizon (VZ), Visa (V), Western Digital (WDC), Wynn Resorts (WYNN)

FRIDAY

Noteworthy Earnings Reports: Booz Allen Hamilton (BAH), Caterpillar (CAT), Chevron (CVX), Church & Dwight (CHD), Colgate-Palmolive (CL), Exxon Mobil (XOM), Honeywell (HON), Illinois Tool Works (ITW), KKR & Co. (KKR), LyondellBasell (LYB), Phillips 66 (PSX), Weyerhaeuser (WY)

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

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