Goldman Sachs, IBM and More Dow Stocks Reporting This Week
Earnings reporting season for the fourth quarter is just starting, and 24/7 Wall St. has put together a preview of the top Dow Jones Industrial Average companies due to report their quarterly results this week.
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Earnings reporting season for the fourth quarter is just starting, and 24/7 Wall St. has put together a preview of the top Dow Jones Industrial Average companies due to report their quarterly results this week. Four Dow stocks are scheduled to report this week, and two of them are the heaviest weighted Dow stocks.
The Dow is well above 25,000, and with tax reform in the rear-view mirror, the market can easily climb higher. It’s not farfetched that this earnings season could bring about a reading of 26,000 or even more.
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.
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UnitedHealth Group Inc. (NYSE: UNH) is scheduled to reveal its fourth-quarter results on Tuesday. The consensus estimates are $2.51 in earnings per share (EPS) and $51.5 billion in revenue. Shares traded at $228.64 as the week came to a close. The consensus price target is $248.19, and the 52-week trading range is $156.09 to $231.77.
Goldman Sachs Group Inc. (NYSE: GS) is expected to share its results on Wednesday. The consensus forecast calls for $4.92 in EPS and $7.63 billion in revenue. Shares traded at $257.03 on Friday’s close. The consensus price target is $265.96. The stock has a 52-week range of $209.62 to $262.14.
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American Express Co. (NYSE: AXP) is set to report its latest results on Thursday. The analysts’ consensus estimates are EPS of $1.55 and $8.72 billion in revenue. Shares were changing hands at $100.97 as last week came to a close. The consensus price target is $105.50, and the 52-week trading range is $75.39 to $101.65.
International Business Machines Corp.’s (NYSE: IBM) most recent results are due on Thursday as well. The consensus estimates call for EPS of $5.16 and $22.07 billion in revenue. Shares ended the week at $163.14 apiece. The consensus price target is $161.95, and the 52-week range of $139.13 to $182.79.
For a peek at more prominent earnings reports expected this week, check out our separate review.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
