Earnings Preview – Must-See Blue Chip Stock Reports This Week

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Alcoa Inc. (NYSE: AA) and CSX Corp. (NYSE: CSX) have already kicked off earnings season with a positive bias.  Alcoa was slightly better than expected against lower estimates, while CSX was pointed to earlier as having a muted reception to earnings.  The big earnings reports left on deck this week are Intel Corp. (NASDAQ: INTC), YUM! Brands Inc. (NYSE: YUM), JPMorgan Chase & Co. (NYSE: JPM), Google Inc. (NASDAQ: GOOG), Advanced Micro Devices Inc. (NYSE: AMD), Bank of America Corp. (NYSE: BAC), General Electric Co. (NYSE: GE), and Citigroup Inc. (NYSE: C).

Here is a detailed list for Thomson Reuters estimates and expectations.

On Tuesday after the close, Intel Corp. (NASDAQ: INTC) is the second DJIA component to report and this will kick off a bias for technology earnings this month.  Thomson Reuters has estimates of $0.43 EPS and $10.25 billion in revenues.  For the next quarter, estimates are $0.48 EPS and $10.92 billion in revenues; for the fiscal year its estimates are $1.87 EPS and $43.03 billion in revenues.

YUM! Brands Inc. (NYSE: YUM) is also due Tuesday.  Thomson Reuters has estimates of $0.54 EPS and $2.54 billion in revenues.  For the next quarter, estimates are $0.73 EPS and $2.85 billion in revenues; for the fiscal year its estimates are $2.48 EPS and $11.2 billion in revenues.  Shares are trading at $40.27 versus $44.00 in late-April before the market slide came but is up from $38.53 just one-week ago.

JPMorgan Chase & Co. (NYSE: JPM) has earnings on Thursday morning.  The third DJIA component with earnings this week has Thomson Reuters estimates of $0.71 EPS and $25.81 billion in revenues, and those estimates are down slightly from just a week ago.  For the next quarter, estimates are $0.81 EPS and $25.89 billion in revenues; for the fiscal year its estimates are $3.12 EPS and about $105.8 billion in revenues.

Google Inc. (NASDAQ: GOOG) has earnings Thursday after the closing bell and Thomson Reuters has estimates of $6.54 EPS and $4.99 billion in revenues.  For the next quarter, estimates are $6.85 EPS and $5.21 billion in revenues; for the fiscal year its estimates are $27.63 EPS and $21.04 billion in revenues.

Advanced Micro Devices Inc. (NYSE: AMD) is also due with earnings Thursday afternoon, and Thomson Reuters has estimates of $0.07 EPS and $1.55 billion in revenues.  For the next quarter, estimates are $0.13 EPS and $1.66 billion in revenues; for the fiscal year its estimates are $0.47 EPS and $6.54 billion in revenues.

We have two more DJIA components reporting on Friday morning, so we’ll have a total of 5 of the 30 DJIA stocks reported after Friday morning.  Those two are Bank of America Corp. (NYSE: BAC) and General Electric Co. (NYSE: GE).

Bank of America Corp. (NYSE: BAC) has Thomson Reuters estimates of $0.20 EPS and $29.68 billion in revenues.  For the next quarter, estimates are $0.23 EPS and $29.09 billion in revenues; for the fiscal year its estimates are $0.97 EPS and $120.15 billion in revenues.

General Electric Co. (NYSE: GE) has Thomson Reuters estimates of $0.27 EPS and $38.52 billion in revenues.  For the next quarter, estimates are $0.27 EPS and $38.7 billion in revenues; for the fiscal year its estimates are $1.09 EPS and $155.47 billion in revenues.

Citigroup Inc. (NYSE: C) is no longer a DJIA component but is akey bank to watch.  Thomson Reuters has estimates of $0.05 EPS and $22.16 billion in revenues.  For the next quarter, estimates are $0.06 EPS and $21.98 billion in revenues; for the fiscal year its estimates are $0.33 EPS and $91.06 billion in revenues.

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