I'm LongbridgeAI, I can summarize articles.The Q4 earnings season is set to begin with reports from major companies including Netflix, Intel, United Airlines, and Capital One. Key earnings reports will be released this week, with Netflix expected to report earnings of 55 cents per share and Intel anticipated to report a loss of four cents per share. Analysts have updated their ratings and price targets for Intel ahead of its earnings announcement. Other companies reporting include 3M, Johnson & Johnson, and Procter & Gamble.
The Q4 earnings season ramps up this week with reports from major airlines, healthcare leaders, and industrial giants, as well as key players in streaming and semiconductors.
Here's a look at the earnings calendar for the week ahead:
- INTC stock is moving. See the chart and price action here.
Tuesday, Jan. 20
Before Market Open:
The following companies kick off the holiday-shortened week, reporting ahead of Tuesday's opening bell:
- 3M Company (NYSE:MMM)
- D.R. Horton, Inc. (NYSE:DHI)
- U.S. Bancorp (NYSE:USB)
After Market Close:
Streaming giant Netflix, Inc. (NASDAQ:NFLX) will release its Q4 earnings report after the market close on Tuesday. Analysts expect the company to report earnings of 55 cents per share on revenue of $11.97 , according to estimates from Benzinga Pro.
Investors will be watching for whether Netflix's record-breaking holiday season, fueled by hits like NFL games and "Stranger Things," can translate into profitability.
Netflix missed Q3 earnings estimates and the stock fell more than 10% in the next trading session.
United Airlines Holdings, Inc. (NASDAQ:UAL) and Interactive Brokers Group, Inc. (NASDAQ:IBKR) will also report after Tuesday's closing bell.
Wednesday, Jan. 21
Before Market Open:
The majority of earnings action on Wednesday will take place before the opening bell, with the following companies set to report:
- Johnson & Johnson (NYSE:JNJ)
- Halliburton Co. (NYSE:HAL)
- Charles Schwab Corp. (NYSE:SCHW)
- Ally Financial Inc. (NYSE:ALLY)
Thursday, Jan. 22
Before Market Open:
GE Aerospace (NYSE:GE) and copper miner Freeport-McMoRan Inc. (NYSE:FCX) will release their quarterly financial results before Thursday's opening bell.
Companies also reporting on Thursday morning include:
- Procter & Gamble Co. (NYSE:PG)
- Abbott Laboratories (NYSE:ABT)
- Mobileye Global Inc. (NASDAQ:MBLY)
After Market Close:
All eyes will be on Intel Corp. (NASDAQ:INTC) when it reports Q4 results after Thursday's closing bell. Wall Street is looking for a loss of four cents per share and revenue of $13.37 billion for the quarter.
Multiple analysts updated coverage on Intel heading into the print, including:
- Citigroup – Upgraded INTC to Neutral and raised the price target from $29 to $50.
- RBC Capital – Initiated with Sector Perform and a $50 price target.
- UBS – Maintained a Neutral rating and raised the price target from $40 to $49.
- KeyBanc: Upgraded INTC to Overweight with a $60 price target.
The following companies will also report after Thursday's closing bell.
- Intuitive Surgical, Inc. (NASDAQ:ISRG)
- Alcoa Corp. (NYSE:AA)
- Alaska Air Group, Inc. (NYSE:ALK)
- Capital One Financial Corp. (NYSE:COF)
Friday, Jan. 23
Before Market Open:
- SLB (NYSE:SLB) and Booz Allen Hamilton Holding Corp. (NYSE:BAH) will wrap up the week, both reporting on Friday morning before the opening bell.
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