This week roughly a third of the Dow Jones industrials are reporting earnings, along with a few of the major FAANG stocks. About a third of the S&P 500 are reporting earnings as well. Obviously, with such a big week for earnings, it would be prudent to keep an eye on the major players.
A few Dow stocks reporting Tuesday morning generally aren’t followed as much as the rest of the index. However, they will still play a role in whether the Dow can continue hitting new highs.
24/7 Wall St. has put together a preview of these three Dow companies scheduled to report their quarterly results Tuesday morning. We have included the consensus earnings estimates, as well as the stock price and trading history.
Coca-Cola Co. (NYSE: KO) is expected to share its second-quarter financial results. The consensus estimates call for $0.62 in earnings per share (EPS) and $9.79 billion in revenue. The same period of last year reportedly had $0.60 in EPS and $8.9 billion in revenue. Shares were trading at $51.18 Monday morning, in a 52-week range of $44.25 to $52.47. The consensus analyst target is $52.55.
United Technologies Corp. (NYSE: UTX) is scheduled to post its quarterly report first thing. The consensus estimates are $2.04 in EPS on $19.55 billion in revenue. The second quarter of last year had $1.97 in EPS and $16.7 billion in revenue. Shares were trading at $132.33. The stock has a 52-week range of $100.48 to $144.40, and the consensus price target is $151.44.
Travelers Companies Inc. (NYSE: TRV) also will report its latest quarterly earnings before the opening bell. The consensus estimates call for $2.29 in EPS and $7.43 billion in revenue. In the second quarter of last year, it said it had $1.81 in EPS and $7.13 billion in revenue. Shares traded at $149.92, in a 52-week range of $111.08 to $155.09. The consensus target price is $151.94.