This week marks a significant surge in corporate earnings announcements, encompassing a spectrum of sectors such as technology, airlines, healthcare, industrial manufacturing, and finance. Notable players releasing quarterly results include Netflix Inc. (NASDAQ:NFLX), Intel Corp. (NASDAQ:INTC), United Airlines Holdings Inc. (NASDAQ:UAL), and a number of other influential companies.
The earnings calendar begins on Tuesday, January 20, notable for its array of companies reporting prior to the market open. Among them, industrial conglomerate 3M Company (NYSE:MMM), homebuilder D.R. Horton, Inc. (NYSE:DHI), and leading regional bank U.S. Bancorp (NYSE:USB) will provide insights into their recent performance. These reports will be closely analyzed for indicators of industrial demand and housing market dynamics amid current economic conditions.
Following market close on Tuesday, attention shifts to Netflix, the dominant streaming service. Netflix's Q4 results are highly anticipated given the record holiday viewership driven by popular content including NFL games and the hit series 'Stranger Things.' Market expectations, as aggregated by Benzinga Pro, call for earnings per share of 55 cents on revenue approximating $11.97 billion. Investor interest is piqued by Netflix's ability to convert strong seasonal engagement into profitability, especially after the company’s notable earnings miss in Q3 which triggered a substantial drop in its share price above 10% in subsequent sessions.
The same evening also features earnings disclosures from United Airlines Holdings and Interactive Brokers Group, Inc. (NASDAQ:IBKR), establishing the transportation and brokerage sectors' recent financial trajectories for stakeholders.
Wednesday, January 21, predominantly hosts earnings reports before the market opens. Large-cap healthcare and financial institutions are among those scheduled, including Johnson & Johnson (NYSE:JNJ), Halliburton Co. (NYSE:HAL), Charles Schwab Corp. (NYSE:SCHW), and Ally Financial Inc. (NYSE:ALLY). Their quarterly updates are vital in assessing healthcare sector resilience, energy services outlook, wealth management performance, and specialty finance credit trends respectively.
On Thursday morning, a diverse group of companies will provide quarterly financial statements. Aerospace and mining sectors will be represented by GE Aerospace (NYSE:GE) and Freeport-McMoRan Inc. (NYSE:FCX), respectively. Consumer goods and healthcare firms Procter & Gamble Co. (NYSE:PG), Abbott Laboratories (NYSE:ABT), and Mobileye Global Inc. (NASDAQ:MBLY) are also scheduled to report prior to market open, offering perspectives on consumer demand, medical innovations, and automotive technology progress.
The highlight of Thursday’s post-market session is Intel Corp.'s Q4 earnings announcement. Industry analysts forecast a loss per share of four cents alongside revenues near $13.37 billion for the period. This release follows a range of recent analyst rating adjustments and price target revisions indicative of cautious optimism surrounding Intel’s financial and operational outlook. For example, Citigroup upgraded Intel to Neutral with a price target increase from $29 to $50, RBC Capital initiated coverage as Sector Perform with a $50 target, and UBS maintained Neutral status with an elevated target to $49. KeyBanc presented the most bullish stance with an Overweight rating paired with a $60 price target.
Intel's report will be watched carefully for insights into the semiconductor environment and how the company is addressing competitive challenges and supply chain issues.
Additional Thursday after-hours reporting includes Intuitive Surgical, Inc. (NASDAQ:ISRG), Alcoa Corp. (NYSE:AA), Alaska Air Group, Inc. (NYSE:ALK), and Capital One Financial Corp. (NYSE:COF), spanning medical devices, metals manufacturing, regional airlines, and financial services.
The week concludes on Friday, January 23, with morning disclosures prior to the open by SLB Ltd. (NYSE:SLB), a leader in energy services, and Booz Allen Hamilton Holding Corp. (NYSE:BAH), a major player in consulting and technology solutions for government and commercial clients.
The diverse spectrum of companies reporting this week provides a comprehensive look across vital segments of the market, offering investors and analysts critical data points to evaluate underlying economic momentum, sector-specific trends, and corporate profitability.
Stock movement overview as of latest data:
| Ticker | Company | Price | Change |
|---|---|---|---|
| INTC | Intel Corp | $47.02 | +0.13% |
| NFLX | Netflix Inc | $89.12 | +1.27% |
| UAL | United Airlines Holdings Inc | $111.25 | -1.97% |
| AA | Alcoa Corp | $59.33 | -1.23% |
| ABT | Abbott Laboratories | $122.10 | +0.28% |
| ALK | Alaska Air Group Inc | $48.62 | -2.84% |
| ALLY | Ally Financial Inc | $43.30 | -0.71% |
| BAH | Booz Allen Hamilton Holding Corp | $97.31 | -0.09% |
| COF | Capital One Financial Corp | $234.25 | -2.04% |
| DHI | D.R. Horton Inc | $159.17 | +2.06% |
| FCX | Freeport-McMoRan Inc | $58.50 | -0.36% |
| GE | GE Aerospace | $321.70 | -1.05% |
| HAL | Halliburton Co | $32.42 | -0.46% |
| IBKR | Interactive Brokers Group Inc | $71.82 | -2.10% |
| ISRG | Intuitive Surgical Inc | $528.55 | -1.21% |
| JNJ | Johnson & Johnson | $217.80 | -0.39% |
| MBLY | Mobileye Global Inc | $10.32 | -1.72% |
| MMM | 3M Co | $159.66 | -4.85% |
| PG | Procter & Gamble Co | $144.80 | +0.19% |
| SCHW | Charles Schwab Corp | $102.50 | -1.27% |
| SLB | SLB Ltd | $46.03 | -1.50% |
| USB | U.S. Bancorp | $55.08 | +1.25% |