Earnings reporting season for the fourth quarter is underway, 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. Overall, nine Dow stocks are reporting this week after only a few reported last week.
The Dow reached above 26,000 last week, despite disappointment over earnings from of American Express and IBM, and it has managed to push even higher, with much more to come in 2018.
Here we include 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.
Johnson & Johnson (NYSE: JNJ) is set to report its fourth-quarter results on Tuesday. Analysts are calling for $1.72 in earnings per share (EPS) and $20.09 billion in revenue. Shares were changing hands at $147.36 as last week came to a close. The consensus price target is $148.36, and the stock has a 52-week trading range of $110.76 to $148.32.
Procter & Gamble Co.’s (NYSE: PG) most recent results are due on Tuesday. The analysts’ consensus estimates call for EPS of $1.14 and $17.37 billion in revenue. Shares ended the week at $91.07 apiece. The consensus price target is $93.84, and the stock has a 52-week range of $85.42 to $94.67.
Travelers Companies Inc. (NYSE: TRV) also is expected to report its most recent quarterly results on Tuesday. The consensus analyst estimates are $1.59 in EPS and revenue of $6.27 billion. Shares of Travelers traded at $137.85 on Friday’s close. The consensus price target is $137.88, and the 52-week range is $113.76 to $137.99.
Verizon Communications Inc. (NYSE: VZ) will share its latest quarterly earnings on Tuesday as well. The consensus estimates call for $0.88 in EPS and $33.25 billion in revenue. Shares ended last week at $51.91, in a 52-week range of $42.80 to $53.69. The consensus analyst target is $52.82.
General Electric Co. (NYSE: GE) is expected to share its quarterly numbers on Wednesday. The consensus estimates are $0.30 in EPS on $33.99 billion in revenue. Shares were at $16.26 on Friday’s close, in a 52-week range of $16.02 to $30.90. The consensus price target is $21.71.
On Wednesday, United Technologies Corp. (NYSE: UTX) also is scheduled to reveal its fourth-quarter results. The consensus estimates are $1.56 in EPS and $15.36 billion in revenue. Shares were trading at $135.90 as the week came to a close. The consensus price target is $139.63. The 52-week trading range is $106.85 to $137.73.
Intel Corp. (NASDAQ: INTC) also is set to report its most recent quarterly results on Thursday. Analysts are looking for $0.86 in EPS and $16.34 billion in revenue. Shares closed out the week at $44.82, with a consensus price target of $47.08 and a 52-week range of $33.23 to $47.64.
3M Co. (NYSE: MMM) is scheduled to reveal its fourth-quarter results on Thursday. The consensus earnings estimate is $2.03 per share, on revenue of $7.87 billion. Shares were trading at $248.18 as the week came to a close. The 52-week trading range is $173.55 to $249.00.
And Caterpillar Inc. (NYSE: CAT) is expected to reveal its fourth-quarter results on Thursday too. The consensus forecast calls for $1.79 in EPS and $11.92 billion in revenue. Shares were trading at $170.41 on Friday’s close. The consensus price target is $164.35. The stock has a 52-week range of $90.34 to $173.24.
Also check out our separate preview for what to expect when Ford, Netflix, Starbucks and others also share their most recent results this week.