Subscribe to our newsletter

This Week on the Earnings Front in the USA

DD, GOOG, IBM, JNJ, VZ, AMGN, AAPL, MCD, NFLX, SNDK, MMM, T, BMY, CEGL, JBHT, JNPB, MSFT, LUV, SBUX, HON, KMB, PG

This week we have many of the S&P 500 Index reporting Q-4 earnings, plus many DJIA stocks reporting too.

LTN has compiled an earnings calendar for some notables using Thomson Reuters estimates.

The US stock and bond markets will be closed Monday to observe Martin Luther King Day.

Monday, 21 January

None

Tuesday, 22 January

EI DuPont de Nemours & Co. NYSE: DD 0.07 earnings per share: This marks the chemical giant’s debut on the DJIA stock to watch, with that high 3.7% dividend yield. At 46.60, the 52-wk range is 41.67 to 53.98, the consensus price target is 50.17.

Google Inc. NASDAQ: GOOG 10.62 EPS: The 1st Internet giant to report, the stock is about 10% off of its highs. Look for this to be the benchmark for online ad marketing dollars for Facebook, Yahoo!, AOL and others. With shares trading at 709, the consensus target is 800 for GOOG.

International Business Machines Corp. NYSE: IBM 5.25 EPS: IBM has lagged as a DJIA stock, this should start to abate in Y 2013. The stock is about 10% offits highs, and the 195 price of today compares to a consensus target of 222 on IBM.

Johnson & Johnson NYSE: JNJ 1.17 EPS: This DJIA stock is tapping its 52-wk highs around 73, the consensus target of 76.18 does not imply much upside here, unless analysts begin to lift the target price.

Verizon Communications Inc. NYSE: VZ $0.52 EPS: . At 442.35, VZ is down from its 52-wk high at 48.77 and has up side to 46.40, the consensus price target. That 5% divi yield is attractive.

Wednesday, 23 January

Amgen Inc. NASDAQ: AMGN 1.44 EPS: This is the 1st major biotech to report, note it is fully valued going into Y 2013, its shares have pulled back substantially from the high above 90. At 82, its consensus price target is 94.35

Apple Inc. NASDAQ: AAPL13.45: Eyes are on Apple in light of the breakdown and sentiment change. Analysts have cut targets, and some have downgraded it. We will wait and watch too.

McDonald’s Corp. NYSE: MCD $1.33 EPS: MCD is back above 92 after damp Y 2012. The price target is 97.40 and the 52-wk high is 102.22.

Netflix Inc. NASDAQ: NFLX -0.12 EPS: Netflix about doubled off its lows. Bearish analyst has been Janney Capital just raised it to Buy with a 129 fair value.

SanDisk Corp. NASDAQ: SNDK 0.72 EPS: The King of Flash Memory is tapping a 52-wk high again, up more than 50% from the worry days in Y 2012 when the stock looked like 30. At 48.41, the 52-wk high is 53.08, the consensus target price is $51.33.

Thursday, 24 January

3M Co. NYSE: MMM 1.41 EPS: After strong GE earnings, the expectations good for this DJIA stock too. It is trading at 98.20, the 52-wk high is $8.50, the consensus price target is at 103 or so.

AT&T Inc. NYSE: T 0.47 EPS: Smartphone sales from this DJIA stock is out, and we have seen the disclosed charges too. It is at 33.28, the 52-wk range is 29.02 to 38.58 and the consensus price target is 36.52. That 5.4% yield makes “T” the King of DJIA stock divi payers.

Bristol-Myers Squibb Co. NYSE: BMY 0.42 EPS: The 34.25 price compares to a 52-wk range of $0.64 to 36.34, and the 1-yr target is 34.33.

Celgene Corp. NASDAQ: CELG 1.31 EPS: This is the 2nd big biotech to report results, and at 99 it is just under the 52-wk high of 99.75. The consensus target price of 97.75 is now under the share price.

J.B. Hunt Transport Services Inc. NASDAQ: JBHT 0.70 EPS: This is the 1st of the truckers to report, and the 62.55 price is close to the 52-wk high at 63.22 and just over the consensus price target of 62.27.

Juniper Networks Inc. NYSE: JNPR 0.22 EPS: It is at 21.21, its 52-wk high is 25.04 and the consensus price target is only 19.00.

Microsoft Corp. NASDAQ: MSFT 0.75 EPS: This is perhaps the DJIA stock with the most upside according to analysts. Its divi yield at 3.4% is helpful. Trading at 27.20, it has a 52-wk range of 26.26 to 32.95, the consensus price target is 33.79.

Southwest Airlines Co. NYSE: LUV 0.07 EPS: Friday LUV tapped its a 52-wk high at 11.45, and the value is favorable for airlines.

Starbucks Corp. NASDAQ: SBUX 0.57 EPS: The stock is trading at 48.40, the 52-wk range is 30.99 to 53.08 and the consensus target is just 51.33. Starbucks has performed very well, the valuation is high IMO.

Friday, 25 January

Honeywell International Inc. NYSE: HON 1.10 EPS: Expectations for this DJIA stock is up after GE’s strong numbers. It is at 67.40, and the 52-wk high was hit Friday at 67.78. The consensus price target is 71.30.

Kimberly Clark Corp. NYSE: KMB 1.36 EPS: Trading at 86.32, the 52-wk trading range is 70.50 to 88.25, and the consensus target price is 87.27. It feels priced right in here, and the 3.5% divi yield is attractive.

Procter & Gamble Co. NYSE: PG 1.11 EPS: There was activist pressure on this DJIA stock,but P&G is back up to about 70ish, and the 52-wk range is 59.07 to 70.99. The consensus price target is 74.79 for the consumer products giant.

All estimates and price targets are from Thomson Reuters, some of these estimates may change before the reports. LTN will be publishing more detailed preview on some of these Key stocks ahead of the official reports.