Earnings Week Ahead: META, TSLA, NFLX and GE Among Reporters
Large-cap reports set for Oct. 19 to Oct. 23 include GE, NFLX and RTX on Oct. 20, META and TSLA on Oct. 21, and PG and LMT on Oct. 22, per FMP.
Quarterly reporting among large U.S.-listed companies picks up in the week of Oct. 19, according to FMP's earnings calendar, which covers companies with current market values of at least $10 billion. Consensus estimates are listed below; the calendar does not specify whether reports come before or after the trading session.
Monday, Oct. 19, includes FITB, with consensus EPS of $0.86 on revenue of $3.34 billion, STLD at $5.48 on $6.43 billion and WRB at $1.15 on $3.82 billion. Tuesday, Oct. 20, is busier. GE is expected to report EPS of $2.01 on revenue of $12.88 billion, NFLX $0.82 on $12.87 billion and RTX $1.78 on $24.11 billion. Also scheduled are ISRG at $2.65, COF at $5.53 and GM at $3.69. SPCX, the largest company on the week's list with a market value of $2.04 trillion, has a consensus of $0.13 per share on revenue of $12.87 billion.
Wednesday, Oct. 21, brings META, with consensus EPS of $6.54 on revenue of $63.34 billion, and TSLA at $0.455 on $28.06 billion. Other Wednesday reporters include PM at $2.30, LRCX at $2.18, TXN at $2.44, TMO at $6.40 and IBM at $2.85 on revenue of $16.82 billion.
Thursday, Oct. 22, includes PG, expected at $1.88 per share on revenue of $22.80 billion, UNP at $3.47, LMT at $7.52 on $20.48 billion and BX at $1.26. AXP is scheduled for Friday, Oct. 23, with consensus EPS of $4.50 on revenue of $20.12 billion.
The reports follow a week in which SPY fell 1.97% to 763.25 and QQQ dropped 5.52% to 709.80, based on closes from Oct. 9 to Oct. 16.
Data
| Date | Symbol | EPS est. | Revenue est. |
|---|---|---|---|
| Oct. 19 | FITB | 0.86 | $3.34B |
| Oct. 20 | GE | 2.01 | $12.88B |
| Oct. 20 | NFLX | 0.82 | $12.87B |
| Oct. 20 | RTX | 1.78 | $24.11B |
| Oct. 21 | META | 6.54 | $63.34B |
| Oct. 21 | TSLA | 0.455 | $28.06B |
| Oct. 21 | IBM | 2.85 | $16.82B |
| Oct. 22 | PG | 1.88 | $22.80B |
| Oct. 22 | LMT | 7.52 | $20.48B |
| Oct. 23 | AXP | 4.50 | $20.12B |
Neutral market summary for information only; not investment advice.
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