There are of course many earnings reports that we have not previewed, but these are some of the top earnings reports we have offered previews for: Archer Daniels Midland (NYSE: ADM), Dunkin’ Brands (NASDAQ: DNKN), Pfizer (NYSE: PFE), Comcast (NASDAQ: CMCSA), Kraft Foods (NYSE: KFT), Qualcomm (NASDAQ: QCOM), Whole Foods Market (NASDAQ: WFM), American International Group (NYSE: AIG), Eastman Kodak (NYSE: EK), LinkedIn (NYSE: LNKD), Starbucks (NASDAQ: SBUX) and Alcatel-Lucent (NYSE: ALU). We also have a prior review of the top analyst upgrades and downgrades of the past week.
We have given a breakdown of the data due on each day with earnings and economic releases.
MONDAY, OCTOBER 31
Chicago Purchasing Managers Index at 9:45 AM.
TUESDAY, NOVEMBER 1
Archer Daniels Midland is expected to report $0.67 EPS and $18.93 billion in revenues; next quarter estimates are $0.79 EPS and $22.2 billion in revenues.
Dunkin’ Brands is expected to report $0.25 EPS and $159.23 million in revenues; next quarter estimates are $0.28 EPS and $158.34 million in revenues. Dunkin will not be a market mover but could influence the horde of IPOs in waiting.
Pfizer is expected to report $0.55 EPS and $16.42 billion in revenues; next quarter estimates are $0.50 EPS and $16.65 billion in revenues.
ISM Manufacturing at 10:00 AM.
Commerce Department’s Construction Spending (September) at 10:00 AM.
Federal Reserve starts two-day meeting on interest rate policy.
Auto sales data for October throughout the day: General Motors (NYSE: GM) and Ford Motor (NYSE: F).
WEDNESDAY, NOVEMBER 2
Comcast is expected to report $0.40 EPS and $14.24 billion in revenues; next quarter estimates are $0.45 EPS and $14.94 billion in revenues.
Kraft Foods is expected to report $0.55 EPS and $12.8 billion in revenues; next quarter estimates are $0.58 EPS and $14.85 billion in revenues.
Qualcomm is expected to report $0.78 EPS and $4.0 billion in revenues; next quarter estimates are $0.85 EPS and $4.25 billion in revenues.
Whole Foods Market is expected to report $0.41 EPS and $2.36 billion in revenues; next quarter estimates are $0.60 EPS and $3.38 billion in revenues.
Challenger Job Cuts at 7:30 AM, followed by ADP Payrolls at 8:15 AM.
Weekly oil inventory data at 10:30 AM.
Federal Reserve day-two: FOMC decision on rates followed by Ben Bernanke press conference after 2:15 PM.
Same-store sales data from major retail outlets for October after the close (day 1).
THURSDAY, NOVEMBER 3
American International Group is expected to report -$0.27 EPS and $13.55 billion in revenues; next quarter estimates are $0.69 EPS and $13.65 billion in revenues. Shares are still under the government’s secondary offering price.
Eastman Kodak is expected to report -$0.44 EPS and $1.65 billion in revenues; next quarter estimates are -$0.14 EPS and $1.87 billion in revenues. Obviously, this is not about an earnings report. This is about its patents and whether the tired dog can stay alive. And what about a new CEO announcement? How long can one company stick with the same manager who cannot win?
LinkedIn is expected to report -$0.04 EPS and $127.35 million in revenues; next quarter estimates are $0.00 EPS and $147.78 million in revenues. Again, this is more of a barometer for future IPOs like Zynga, Groupon and even Facebook.
Starbucks is expected to report $0.36 EPS and $2.95 billion in revenues; next quarter estimates are $0.51 EPS and $3.25 billion in revenues. If Starbucks reports a solid earnings then it could offer some continued support for the battered Green Mountain Coffee Roasters (NASDAQ: GMCR), which has been under pressure due to famous short sellers taking aim.
Labor Department’s weekly jobless claims at 8:30 AM.
Labor Department’s Q3 productivity and unit labor costs at 8:30 AM.
ISM Services Index (October) at 10:00 AM.
Commerce Department’s factory orders at 10:00 AM.
Weekly natural gas inventories at 10:30 AM.
Same-store sales data from major retail outlets for October (day 2).
FRIDAY NOVEMBER 4
Alcatel-Lucent is expected to report $0.07 EPS and $5.65 billion in revenues; next quarter estimates are $0.19 EPS and $6.6 billion in revenues. This one reports in euros, so the euro/dollar conversions could throw an added factor in. Last week we gave a review to see if it is really bottoming out.
Labor Department’s unemployment and nonfarm payrolls at 8:30 AM.
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JON C. OGG