As the sun rises on Monday, the familiar rhythm of the financial markets returns with the start of another earnings season.
The focus begins, as it always does, with investment banks and heavyweights of the financial sector. As the week progresses, the spotlight will shift to consumer sentiment and the digital ad market.
- JPM stock is moving. See the chart and price action here.
Here's a look at the earnings calendar for the week ahead:
Monday, April 13
Before Market Open:
The week got started early Monday morning with Goldman Sachs Group, Inc. (NYSE:GS) and Fastenal Co. (NASDAQ:FAST) reporting before the market opened.
Goldman Sachs shares traded lower despite beating estimates on the top and bottom lines. The firm reported quarterly earnings of $17.55 per share, which beat the consensus estimate of $16.30 on revenue of $17.23 billion.
After Market Close:
The following companies are set to report after Monday's closing bell:
Tuesday, April 14
Before Market Open:
Several large banks and other companies are scheduled to report on Tuesday morning:
- JPMorgan Chase & Co. (NYSE:JPM)
- Wells Fargo & Company (NYSE:WFC)
- Johnson & Johnson (NYSE:JNJ)
- Citigroup Inc. (NYSE:C)
- Abbott Laboratories (NYSE:ABT)
- BlackRock, Inc. (NYSE:BLK)
- CarMax, Inc. (NYSE:KMX)
Analysts expect JPMorgan Chase to report EPS of $5.44 on quarterly revenue of $49.17 billion. Investors will be watching for CEO Jamie Dimon‘s updated guidance on the macroeconomic outlook and geopolitical risks.
Wednesday, April 15
Before Market Open:
More large banks are on the docket for Wednesday morning, including:
- Bank of America Corp. (NYSE:BAC)
- Morgan Stanley (NYSE:MS)
- PNC Financial Services Group, Inc. (NYSE:PNC)
- Arrive AI Inc. (NASDAQ:ARAI)
- ASML Holding N.V. (NASDAQ:ASML)
Wall Street is looking for Morgan Stanley to report quarterly earnings of $3 on revenue of $19.72 billion, according to estimates from Benzinga Pro.
Thursday, April 16
Before Market Open:
The following companies are scheduled to report before Thursday's opening bell:
- PepsiCo, Inc. (NASDAQ:PEP)
- Charles Schwab Corp. (NYSE:SCHW)
- U.S. Bancorp (NYSE:USB)
- KeyCorp (NYSE:KEY)
- Prologis, Inc. (NYSE:PLD)
- Bank of New York Mellon Corp. (NYSE:BK)
After Market Close:
Netflix, Inc. (NASDAQ:NFLX) is set to report its Q1 results after the closing bell on Thursday. Investors will be focused on the scaling of the ad-supported tier and the impact of recent price hikes on subscriber retention as the company pivots back to a standalone growth strategy.
Analysts are looking for the streamer to report EPS of 76 cents on revenue of $12.18 billion, according to Benzinga Pro data.
Alcoa Corp. (NYSE:AA) will also report after Thursday's market close.
Friday, April 17
Before Market Open:
The following companies and regional banks will wrap up the week, reporting ahead of Friday's opening bell:
- Ericsson (NASDAQ:ERIC)
- Ally Financial Inc. (NYSE:ALLY)
- Regions Financial Corp. (NYSE:RF)
- Truist Financial Corp. (NYSE:TFC)
- Fifth Third Bancorp (NASDAQ:FITB)
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