This week marks another pivotal five days for corporate earnings as a number of big names will report.
- Apple Inc. (AAPL ): After today’s closing bell the world largest company will be expected to show EPS of $2.19 compared to $1.66 for the same period last year.
- Pfizer (PFE ): PFE will be expected to show EPS of $0.50 in their pre-market report. This compared to the EPS of 49 cents for the same period one year earlier.
- Merck (MRK ): Prior to Tuesday’s open, analysts will be expecting EPS of $0.75 (versus $0.57 for the year prior) from MRK’s report.
- BP PLC (BP ): Before the market opens on Tuesday, BP will be expected to show EPS of $0.24 compared to $1.04 for the last year.
- Mastercard (MA ): MA will be expected to show EPS of $0.80 in Wednesday’s pre-market report. The company showed EPS of $0.73 for the same period one year prior.
- Exxon Mobil (XOM ): This oil juggernaut will report before Thursday’s open where analysts are expecting to see EPS of $0.80 compared to $2.10 for the year prior.
- Visa (V ): V will report after Thursday’s close and is expected to show EPS of $0.62 versus $0.55 for the same period last year.
- ConocoPhillips (COP ): COP is expected to show a loss of $0.12 in its pre-market report. This compared to EPS of $1.81 in the prior year.
- Chevron (CVX ): CVX will report prior to Friday’s open and is expected to show EPS of $0.74, a big drop from $2.36 for the year prior.
- CVS Health Corporation (CVS ): Analysts will be expecting EPS of $1.08 from CVS’s pre-market report. This compared to EPS of $1.02 for the same quarter one year ago.
- Duke Energy (DUK ): Before Friday’s open, analysts will be expecting to see EPS of $1.12 from DUK, down slightly from $1.17 in the previous year.
The Bottom Line: Oil in Focus
A handful of the world’s largest oil firms will be reporting this week, and you’ve probably noticed that expectations are far lower than those of last year. Oil stocks have been put into a vice with the collapse of crude prices and investors are waiting on the edge of their seats to see how they have fared in such a tough environment. Crude prices have picked up in the last few weeks, but the majority of the first quarter saw low prices, muting earnings expectations.
Take a close look at each report from these firms regarding their commentary on future earnings. Investors will want to see how these companies plan to grow revenues if crude prices remain relatively low so outlook will be key in each of these reports.
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