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Tuesday, 10/17/2017 8:09:05 AM

Tuesday, October 17, 2017 8:09:05 AM

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Key Earnings Reports to Watch (10/16-10/20)
By: Bespoke | October 16, 2017

Netflix (NFLX) kicks things off this week with earnings after the close today. The stock has historically beaten EPS estimates at an 86.9% clip, while its revenue beat rate is a little lower at 60.7%. NFLX is an extremely volatile stock on earnings, but throughout its history, it has averaged a gain of 0.55% on its earnings reaction days.

Tomorrow morning we’ll hear from big Dow 30 stocks like JNJ, UNH, and GS, and then IBM will report after the close. JNJ, UNH, and GS beat EPS estimates at a very high clip compared to the rest of the key stocks set to report this week. IBM beats EPS often, but it has a low revenue beat rate and it typically averages a decline on its earnings reaction day.

Wednesday is relatively quiet, but key companies reporting include American Express (AXP) and eBay (EBAY) after the close. Thursday picks up again with Verizon (VZ), Blackstone (BX), and Travelers (TRV) in the morning followed by PayPal (PYPL) and Intuitive Surgical (ISRG) after the close. Both PYPL and ISRG have seen big gains historically on their earnings reaction days.

On Friday we’ll close out the week with reports from General Electric (GE), Procter & Gamble (PG), Honeywell (HON), and Schlumberger (SLB). GE has only beaten EPS and revenues half the time over the last 15+ years, and it has averaged a decline of 0.39% on its earnings reaction day.



https://www.bespokepremium.com/think-big-blog/key-earnings-reports-to-watch-1016-1020/

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