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This Week’s Must-See Earnings

Alcoa, as usual, begins this quarter's earnings parade


Alcoa (NYSE: AA), Supervalu (NYSE: SVU), Intel (NASDAQ: INTC) and JP Morgan (NYSE: JPM) are set to report earnings this week. These companies are the first noteworthy stocks to roll out Q4 numbers, and as Wall Street looks to build on December’s momentum you can bet the earnings from major stocks will be closely scrutinized.

The average investor doesn’t have the time or the inclination to make sense of every earnings report released this quarter, so we’ll take out the guesswork and give you the must-see earnings for each day next week. Here’s your earnings outlook for the week of January 10, 2001.

Alcoa Earnings Monday

Alcoa (NYSE: AA) earnings will come after the bell Monday. Alcoa has a target of 19 cents a share, a significant improvement over last year’s quarterly loss. It has taken AA stock over a year’s time to climb back to the $17 range where it traded at the beginning of 2010 before a swoon of -21% in January of last year. With a strong earnings report Alcoa could break through its 52-week high of $17.60.

Supervalu Earnings Tuesday

It’s a fairly quiet day for earnings, however supermarket giant Supervalu (NYSE: SVU) is a stock to watch. Shares are off -32% over the last year and SVU stock is bouncing around near another 52-week low. The forecast for Supervalu is for EPS of 32 cents a share. Investors looking for value in grocers like Supervalu and Winn-Dixie (NYSE: WINN) will be watching this report closely.

No Earnings Wednesday

Technically, there are some earnings. But only a handful of companies report earnings, most of them microcaps and none worth noting here. Earnings watchers can take the day off.

Intel Earnings Thursday

Tech stock Intel ( NASDAQ: INTC) will report earnings Thursday. Intel faces a forecast of 53 cents a share, up considerably from EPS of 40 cents a share a year ago. Investors have reason to be cheerful, since October’s strong earnings report from Intel sparked a +10% rally that lasted a month, doubling gains of the broader market.

J.P. Morgan Earnings Friday

J.P. Morgan Chase (NYSE: JPM) is set to report earnings. Wall Street experts are looking for $1.10 a share, much improved over the 75 cents per share in the same quarter of 2010. Investors seem to be closely watching financials for signs of life after an anemic 2010, and JPM could either give the sector hope or sow further doubts that big banks have gotten over the worst of the mortgage crisis.

Jeff Reeves is editor of Follow him on Twitter at​​​effReevesIP. As of this writing, he did not own a position in any of the stocks named here.

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