Earnings Preview: Gold Miners, Apple, And Aerospace Report

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After a week of both hits and misses, the second quarter earnings season is well on its way and the week ahead will be filled with yet another round of reports. Last week, beverage giant Coca-Cola (KO) reported weaker-than-expected sales, while Goldman Sachs (GS) posted earnings per share of $3.70, well past the $2.82 estimate. Continuing the trend of stellar bank earnings, Morgan Stanley (MS) exceeded both earnings and revenue forecasts. Meanwhile, tech-giants Google (GOOG) and Microsoft (MSFT) posted dismal quarterly results  [see 25 Wild ETF Charts From 1H 2013].

Below, we highlight the earnings lineup for the week ahead:

Gold Miners, Potash, and Oil Stocks Report

Several big name commodity and energy companies are slated to report earnings this week, including a handful of copper and gold miners, as well as an agribusiness bellwether :

  • oil looks to make up a big chunk of the proposed fund
    Halliburton Co. (HAL): This oil and natural gas service provider is slated to report second quarter earnings on Tuesday. Analysts expect EPS to come in at $0.72 and revenues at $7.3 billion [also see Under The Hood Of Crude's Rally: Supply, Demand, And Bernanke].
  • Freeport-McMoRan Copper & Gold, Inc. (FCX): Copper and gold mining giant Freeport-McMoRan is expected to post earnings at $0.48 per share on Wednesday, significantly lower than last quarter’s $0.73 figure. Revenues are forecasted around $4.4 billion.
  • EnCana Corp. (ECA): On Wednesday, this unconventional oil company is expected to report earnings of $0.17 per share.
  • Southern Copper Corp. (SCCO): Another copper miner, Southern Copper Corp is slated to report slightly lower earnings at and revenue, analyst estimate the figures to come in at $0.48 per share and $1.5 billion, respectively [also see The Curious Case of Silver ETFs].
  • Newmont Mining Corp. (NEM): This gold miner is expected to post a steep drop in earnings; estimates are around $0.42 per share compared to last quarter’s $0.71 figure. Revenues are forecasted to come in at $2.1 billion.
  • Potash Corp. of Saskatchewan, Inc. (POT): This agribusiness giant is slated to report earnings on Thursday; analysts are expecting earnings to come in at $0.81, a significant uptick from last quarter’s $0.63 figure, and revenues at $2.1 billion.
  • Goldcorp, Inc. (GG): On Thursday, this gold miner is expected to post earnings of $0.23 per share [for more ETF news and analysis subscribe to our free newsletter].
Industrials And Materials Earnings On Tap

This week, investors will wee a slew of industrial and materials companies report second quarter results:

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    southwest air- Stuart Seeger
    United Technologies Corp. (UTX): This aerospace and diversified machinery company is expected to post earnings of $1.57 per shares on Tuesday, a healthy uptick from last quarter’s $1.28 figure. Revenues are also expected to come in higher at $16.4 billion.
  • United Parcel Service, Inc. (UPS): On Tuesday, UPS is expected to report an EPS of $1.13 and revenues at $13.6 billion.
  • Lockheed Martin Corp. (LMT): Another aerospace bellwether, Lockheed Martin is slated to report earnings of $2.20 per share on Tuesday, and revenues at $11.1 billion [check out Dividend ETFs: 3 Things To Consider].
  • E.I. du Pont de Nemours & Co. (DD): EPS estimates for this chemicals giant are around $1.27, while revenues are forecasted to come in at $10.1 billion.
  • General Dynamics Corp. (GD) : On Wednesday, this aerospace and defense company is expected to post earnings of $1.62 per share and revenues of $7.7 billion [also see Defensive ETFs And Budget Talks].
  • Caterpillar, Inc. (CAT): This construction and mining equipment manufacturer will release its earnings results on Wednesday; analysts expect EPS to come in at $1.70 and revenues at $14.9 billion.
  • The Boeing Co. (BA) : Analysts are expecting Boeing’s earnings to fall to $1.55 per share from last quarter’s $1.73 figure. Revenues are forecasted at $20.8 billion.
  • Praxair, Inc. (PX): This chemicals company is expected to post an EPS of $1.48 on Wednesday, and revenues at $3.0 billion.
  • 3M Co. (MMM): On Thursday, this conglomerate is expected to report earnings of $1.71 per share and second quarter revenues at $7.8 billion [see 8% Yield ETFdb Portfolio 
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    ].
  • The Dow Chemical Co. (DOW): This chemicals behemoth is slated to report earnings on Thursday; analysts expect EPS to come in around $0.63 and revenues at $14.5 billion.
 Consumer Stocks In Focus

A number of consumer discretionary and consumer staples stocks are on tap to report earnings:

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    Consumer Confidence
    McDonald’s Corp. (MCD): This fast food giant is expected to report earnings of $1.40 per share, slightly higher than last quarter’s $1.26 figure. Revenues are expected to increase form $6.6 billion to $7.1 billion.
  • Kimberly-Clark Corp. (KMB): This personal care product manufacturer is slated to report earnings on Monday; EPS estimates are around $1.39, while revenues are expected to come in at $5.3 billion [see also How To Pick The Right ETF Every Time].
  • Ford Motor Co. (F): This iconic auto maker is expected to report earnings of $0.37 per share and revenues of $35.2 billion.
  • Daimler AG (DDAIF): Another auto giant, Daimler is forecasted to post an EPS of $2.40.
  • PepsiCo, Inc. (PEP): EPS estimates for this beverage behemoth are around $1.19, a significant uptick from last quarter’s $0.77 figures. Revenues are expected to come in at $16.8 billion.
  • Colgate-Palmolive Co. (CL): This consumer goods manufacturer is expected to report earnings of $0.70 per share and revenues of $4.4 billion.
Technology Sector To Post Results

Several popular technology and telecom companies report this week:

  • Technology ETFs Will Be In Focus This Month
    Texas Instruments Incorporated (TXN): This semiconductor maker is expected to post earnings of $0.44 per share on Monday, and revenues at $3.1 billion [see the High Tech ETFdb Portfolio 
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    ].
  • AT&T, Inc. (T): EPS estimates for this telecom company are around $0.68, while revenues are expected to increase slightly to $31.8 billion.
  • Apple, Inc. (AAPL): This tech behemoth is expected to post earnings of $7.29 per share, a significant decline from last quarter’s $10.09 figure. Revenues are also expected to drop to $35.0 billion.
  • Amazon.com, Inc. (AMZN): Analysts expect this online retail giant to report earnings of $0.08 per share and revenues of only $16.1 billion.
Financials, Pharma, And Biotechs Reporting

A handful of financialbiotechnology, and pharmaceutical companies are set to post second quarter results:

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    Merck Is One Of The Largest Pharmaceutical Firms In The World
    The Travelers Cos., Inc. (TRV): EPS estimates for this insurance company are around $1.59, while revenues are expected to be reported around $5.7 billion.
  • Visa, Inc. (V): On Wednesday, this credit card giant is slated to report earnings of $1.80 per share and revenues of $2.9 billion.
  • Eli Lilly & Co. (LLY): This pharmaceutical company is expected to post an EPS of $1.01 and revenues of $5.8 billion [check out 3 Seasonally Hot ETF Sector Trades].
  • Gilead Sciences, Inc. (GILD): This biotech firm is forecasted to report earnings of $0.50 per share and revenues of $2.6 billion.

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Disclosure: No positions at time of writing.

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