Top Dow Earnings for the Week Ahead

July 24, 2016 by 247chrislange

ThinkstockPhotos-475180302Earnings season for the second quarter of the calendar year is underway, and 24/7 Wall St. has put together a preview of some of the major Dow Jones Industrial Average companies scheduled to report their quarterly results this week. Overall, one-third of the Dow is reporting next week, and this has the potential to sustain the run that the Dow has made since the Brexit vote.

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.

For more previews of the big earnings in the week ahead, see Must-See Earnings for the Coming Week.

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

Apple Inc. (NASDAQ: AAPL) will share its most recent quarterly results on Tuesday. The consensus estimates call for earnings per share (EPS) of $1.38 and $42.11 billion in revenue. Shares were at $98.66 at the close on Friday, in a 52-week trading range of $89.47 to $125.74. The stock has a consensus analyst price target of $122.73.

Caterpillar Inc. (NYSE: CAT) is scheduled to reveal its second-quarter results on Tuesday. The consensus estimates call for $0.96 in EPS, as well as $10.06 billion in revenue. Shares were trading at $79.38 on Friday’s close. The consensus price target is $68.47. The stock has a 52-week range of $56.36 to $81.38.

E.I. du Pont de Nemours and Co. (NYSE: DD), better known as DuPont, is set to report its second-quarter results on Tuesday. The analysts’ consensus estimates call for EPS of $1.10 and $7.01 billion in revenue. Shares were changing hands at $68.43 on Friday’s close. The consensus price target is $71.86, and the stock has a 52-week range of $47.11 to $75.72.

McDonald’s Corp. (NYSE: MCD) is expected to report its second-quarter results on Tuesday. The consensus analyst estimates are $1.38 in EPS and revenue of $6.27 billion. McDonald’s shares closed at $128.26 on Friday. The consensus price target is $130.71. The 52-week trading is $87.50 to $131.96.

Verizon Communications Inc. (NYSE: VZ) will to share its latest quarterly earnings on Tuesday. The consensus estimates call for $0.92 in EPS and $30.95 in revenue. Shares traded at $56.10 as Friday’s trading ended, in a 52-week range of $38.06 to $56.95. The consensus price target is $53.24.

Coca-Cola Co. (NYSE: KO) is scheduled to report its second-quarter results on Wednesday. The analysts’ consensus estimates are $0.58 in EPS and $11.65 billion in revenue. Shares were changing hands at $45.83 as last week came to a close. The consensus price target is $48.35, and the stock has a 52-week range of $36.56 to $47.13.

Boeing Co. (NYSE: BA) is set to share its latest quarterly earnings on Wednesday. The consensus estimates call for $2.06 in EPS on $24.04 billion in revenue. Shares were at $133.47 on Friday’s close, in a 52-week range of $102.10 to $150.59. The consensus price target is $145.81.

I'm interested in the Newsletter
 

Chevron Corp. (NYSE: CVX) is expected to reveal its second-quarter results on Friday. The consensus estimates call for $0.32 in EPS, as well as $28.08 billion in revenue. The stock ended last week at $105.66 per share. The consensus price target is $110.39. The stock has a 52-week range of $69.58 to $107.58.

Exxon Mobil Corp. (NYSE: XOM) also is scheduled to report its second-quarter results on Friday. The consensus analyst estimates call for $0.64 in EPS and revenue of $60.23 billion. Shares of Exxon closed at $94.01 on Friday. The consensus price target is $90.45. The 52-week range is $66.55 to $95.55.

Merck & Co. (NYSE: MRK) is set to report its second-quarter results on Friday as well. The analysts’ consensus estimates call for EPS of $0.91 and $9.79 billion in revenue. Shares were changing hands at $58.82 as last week came to a close. The consensus price target is $61.70, and the stock has a 52-week range of $45.69 to $60.07.