Earnings Calendar

Stock Watch

Earnings Reports for the Week of Oct. 21-25 (AMZN, BA, CMG)

Check out our weekly earnings calendar and read the latest quarterly earnings previews.

Getty Images

Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.

Earnings Calendar Highlights

MONDAY

Noteworthy Earnings Reports: American Campus Communities (ACC), Celanese (CE), Del Taco (TACO), Equity Lifestyle Properties (ELS), Halliburton (HAL), Logitech (LOGI), PetMed Express (PETS), TD Ameritrade (AMTD), Zions Bancorp (ZION)

TUESDAY

Earnings Spotlight: Chipotle Mexican Grill (CMG, $829.07) – It’s difficult to head into an earnings report any hotter than Chipotle, whose stock has nearly doubled in 2019 with 94% gains in a mostly straight line. KeyBanc analyst Eric Gonzalez doesn’t think the run is done, and that upcoming earnings could energize investors even further. Gonzalez recently reiterated his Overweight rating (equivalent of Buy), raised his price target on CMG stock from $860 per share to $870 per share, and elevated a number of other fundamental expectations. He hiked his estimates for this quarter’s earnings, this quarter’s same-store sales (locations open for 12 months or longer), full-year 2019 profits and full-year 2020 earnings. His reasons for optimism are myriad, including digital ordering, valuable data from the company’s loyalty program, and the appeal of its limited-time carne asada offering. Chipotle reports after the Oct. 22 close, and analysts on average expect a 15% year-over-year increase in revenues to $1.38 billion, filtering down to a 47.7% jump in profits to $3.19 per share.

SEE ALSO: The 15 Best Recession-Resistant Stocks to Buy

Other Noteworthy Reports: Arch Coal (ARCH), Biogen (BIIB), Boyd Gaming (BYD), Centene (CNC), Discover Financial Services (DFS), Fifth Third (FITB), Harley-Davidson (HAS), iRobot (IRBT), JetBlue Airways (JBLU), Kimberly-Clark (KMB), Lockheed Martin (LMT), McDonald’s (MCD), Navient (NAVI), NextEra Energy (NEE), Novartis (NVS), Nucor (NUE), Procter & Gamble (PG), PulteGroup (PHM), Range Resources (RRC), Regions Financial (RF), Sherman-Williams (SHW), Six Flags (SIX), Skechers USA (SKX), Texas Instruments (TXN), TransUnion (TRU), Travelers (TRV), United Technologies (UTX), United Parcel Service (UPS), Whirlpool (WHR)

WEDNESDAY

Earnings Spotlight: Boeing (BA, $177.94) – Boeing’s underperformance this year will come to no surprise to anyone caught up on their headlines. The grounding of its 737 Max, spurred by a pair of fatal crashes, turned back a 36% gain in BA stock through the first two months of the year and cut it into a market-trailing 15% with a couple months to go. Wall Street’s bullishness on the stock has faded, if only a little, to cautious optimism as analysts try to handicap when the 737 Max will return to the skies. Most analysts are looking ahead to 2020 – Baird’s Peter Arment (Outperform), who lowered his price target from $470 per share to $445 – thinks cash flow will start to improve next year. Barclays analyst David Strauss, however, believes the 737 Max won’t take flight again until next year, and sees even 2021-22 free cash flow to be significantly lower than before the Max was grounded. Boeing, which reports ahead of the Oct. 23 open, is expected to report a 22.2% plunge in revenues to $19.57 billion, resulting in a 40.8% drop in profits to $2.12 per share.

Other Noteworthy Reports: ABB Ltd. (ABB), Agnico-Eagle Mines (AEM), Ameriprise Financial (AMP), Anthem (ANTM), Apollo Commercial Real Estate (ARI), Avery Dennison (AVY), Blackstone (BX), Boeing (BA), Brightcove (BCOV), Canadian Pacific (CP), Caterpillar (CAT), Cleveland-Cliffs (CLF), eBay Inc. (EBAY), Edwards Lifesciences (EW), Eli Lilly (LLY), Equifax (EFX), F5 Networks (FFIV), Ford (F), Freeport-McMoRan (FCX), General Dynamics (GD), Grainger (GWW), Hilton (HLT), Invesco (IVZ), Lam Research (LRCX), Microsoft (MSFT), M/I Homes (MHP), Nasdaq (NDAQ), Norfolk Southern (NSC), O’Reilly Auto (ORLY), Owens Corning (OC), PayPal (PYPL), Pentair (PNR), Robert Half International (RHI), Rogers Communications (RCI), Rollins (ROL), SEI Investments (SEIC), ServiceNow (NOW), Spirit Airlines (SAVE), Tesla (TSLA), Thermo Fisher (TMO), Waste Management (WM), Winnebago (WGO), Xilinx (XLNX)

SEE ALSO: 15 Dividend Kings for Decades of Dividend Growth

THURSDAY

Earnings Spotlight: Amazon.com (AMZN, $1,787.48) – You can forgive Amazon investors for being a little disappointed in 2019. The stock is slightly underperforming the overall market with 19.3% gains (the S&P 500 is up 19.8%), and that includes a 10% retreat over the past quarter driven in part by a second-quarter earnings miss. The analyst community couldn’t care less. Over the past three months, 33 analysts tracked by TipRanks have sounded off on AMZN stock, and 32 of those have doled out Buy-equivalent ratings. Credit Suisse analyst Stephen Ju recently raised his price target on Amazon, from $2,225 per share to $2,400, expecting ad revenues to accelerate and e-commerce margins to widen. However, Jefferies, which has a Buy rating on the stock, warns investors not to buy the stock ahead of its earnings report, which will follow the Oct. 24 closing bell. “Q4 consensus operating may prove to be a stretch,” says analyst Brent Thill, “(which) could weigh on AMZN shares if guidance once again falls short of street numbers.” The consensus estimate for revenues is $68.79 billion, which would be a 21.6% YoY improvement, but expectations for a $4.60-per-share profit represent a 20% drop from the year-ago period.

Other Noteworthy Reports: 3M (MMM), AllianceBernstein (AB), American Airlines (AAL), American Electric (AEP), AstraZeneca (AZN), Capital One (COF), Cerner (CERN), Cincinnati Financial (CINF), Citrix Systems (CTXS), Comcast (CMCSA), CubeSmart (CUBE), Deckers Outdoor (DECK), Dow (DOW), FirstEnergy (FE), First Solar (FSLR), Giles Sciences (GILD), GNC Holdings (GNC), Hershey Foods (HSY), Huntington Bancshares (HBAN), Illumina (ILMN), Intel (INTC), Juniper Networks (JNPR), Kimco Realty (KIM), Laboratory Corp. of America (LH), Nokia (NOK), Northrop Grumman (NOC), OnDeck Capital (ONDK), Raytheon (RTN), Royal Caribbean (RCL), Southwest Air (LUV), Stanley Black & Decker (SWK), T-Mobile US (TMUS), T. Rowe Price (TROW), Twitter (TWTR), Valero Energy (VLO), Verisign (VRSN), Visa (V), Yamana Gold (AUY)

FRIDAY

Noteworthy Earnings Reports: Anheuser-Busch InBev (BUD), Charter Communications (CHTR), Goodyear Tire (GT), Illinois Tool Works (ITW), Lear (LEA), Phillips 66 (PSX), Phillips 66 Partners (PSXP), VF Corp. (VFC), Ventas (VTR), Verizon (VZ), Weyerhaeuser (WY), WisdomTree (WETF), Yandex (YNDX)

Reporting schedules provided by Briefing.com and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

SEE ALSO: The 100 Most Popular Mutual Funds for 401(k) Retirement Savings