7 Key Dow Earnings for the Week Ahead

Earnings season for the fourth quarter of last year has kicked off, and 24/7 Wall St. has put together a preview of some of the Dow Jones Industrial Average companies that are reporting their quarterly results this week. We included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.

For more previews of the big earnings in the week ahead, see Top 8 Top Earnings to Look for Next Week.

IBM

International Business Machines Corp. (NYSE: IBM) is set to report its fourth-quarter results on Tuesday. The analysts’ consensus estimates call for EPS of $4.81 and $22.04 billion in revenue. This company is a Dog of the Dow member due to poor performance. While IBM has raised its dividend and keeps buying back stock, its shares were down by 11.4% in 2015. The 3.78% dividend yield may not be enough to stave off declining core business concerns and lower backlogs. IBM just cannot grow its new efforts fast enough to make a huge dent. IBM is even considered a classic value trap because no one is willing to pay over 10 times earnings here.

Shares were changing hands at $130.03 on Friday’s close. The consensus analyst price target is $147.75, and the stock has a 52-week trading range of $128.87 to $176.30.

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