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Earnings Reports for the Week of July 15-19 (AXP, JPM, NFLX)

Kyle Woodley, Senior Investing Editor, Kiplinger.com

Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.

Earnings Calendar Highlights

MONDAY

Noteworthy Earnings Reports: Citigroup (C), J.B. Hunt (JBHT)

TUESDAY

Earnings Spotlight: JPMorgan Chase (JPM, $114.10) - How will JPMorgan follow up a first quarter in which it posted record profits and revenues that easily beat the Street? Analysts aren't expecting anything explosive, but they are expecting improvement - namely, a 1.8% bump to revenues ($28.91 billion) and a 9.2% pop in profits ($2.50 per share). Among the drivers of JPMorgan's strong performance? The appeal of its Sapphire card among millennials, which helped drive credit-card sales 10% higher last quarter. A couple of analysts have tinkered with their price targets ahead of the company's July 16 report - Citi analyst Keith Horowitz (Neutral) raised his from $109 per share to $112, while Morgan Stanley analyst Betsy Graseck (Overweight) lowered hers from $130 to $125 - but nothing hinting at a major surprise in either direction.

Noteworthy Earnings Reports: Canadian Pacific Railway (CP), Charles Schwab (SCHW), Cintas (CTAS), CSX Corp. (CSX), Domino's Pizza (DPZ), Goldman Sachs (GS), Johnson & Johnson (JNJ), Prologis (PLD), United Airlines (UAL), Wells Fargo (WFC)

SEE ALSO: The 19 Best Stocks to Buy for the Rest of 2019

WEDNESDAY

Earnings Spotlight: Netflix (NFLX, $379.50) - Netflix shares have had a couple of momentary setbacks this year, but have otherwise charged ahead. Shares have gained 42% in 2019 despite losing content - including The Office and Friends - to competitors and amid the looming Disney (DIS) streaming service that will launch later this year. That's in part thanks to first-quarter revenues, earnings and subscription adds that were all better than expected. UBS analyst Eric Sheridan reiterated his Buy rating on NFLX on July 11, saying the company is only growing its competitive moat; a day earlier, Stifel's Scott Devitt maintained his Buy on anticipated margin expansion. For the quarter to be reported following the July 17 bell, analysts are looking for a 26.3% jump in revenues to $4.94 billion, but a 33.7% drop in profits to 56 cents per share.

Other Noteworthy Reports: Alcoa (AA), Bank of America (BAC), Bank of New York Mellon (BK), Crown Castle (CCI), eBay (EBAY), International Business Machines (IBM), Kinder Morgan (KMI), Noodles & Co. (NDLS), PNC Financial Services (PNC), Progressive (PGR), U.S. Bancorp (USB), Wipro (WIT)

THURSDAY

Noteworthy Earnings Reports: Ally Financial (ALLY), BB&T Corp. (BBT), Capital One Financial (COF), Chewy (CHWY), Danaher (DHR), Dover (DOV), E*Trade (ETFC), Genuine Parts (GPC), Honeywell (HON), Intuitive Surgical (ISRG), M&T Bank (MTB), Morgan Stanley (MS), Novartis (NVS), Nucor (NUE), Philip Morris International (PM), PPG Industries (PPG), Skechers USA (SKX), Skyworks (SWKS), SunTrust Banks (STI), Taiwan Semiconductor (TSM), Union Pacific (UNP), UnitedHealth (UNH)

FRIDAY

Earnings Spotlight: American Express (AXP, $127.28) - AXP shares have raced ahead through the first half of 2019, gaining almost 34% through a little more than six months in. Bank of America Merrill Lynch analyst Jason Kupferberg (Buy) wrote last month that he thinks the stock can get to $145 per share because it's undervalued and has a sturdy revenue base. Its member costs are rising, but he calls that "a worthy investment which offers customers unique experiences beyond traditional rewards points." Analysts are looking for decent growth when the company reports its financials ahead of the July 19 bell. They're modelling 8.2% revenue growth to $10.82 billion, filtering down to a 10.3% gain in profits to $2.03 per share.

Other Noteworthy Reports: BlackRock (BLK), Cleveland-Cliffs (CLF), Kansas City Southern (KSU), Manpower (MAN), NVR Inc. (NVR), Schlumberger (SLB), State Street (STT), Synchrony Financial (SYF)

Reporting schedules provided by MarketWatch and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond

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