We’re heading into the last week of January and frankly it should be a busy and exciting one for investors. With several major companies set to report their earnings along with key economic data to be released it should pose as an interesting week.
Kicking off the week will be industrial machine maker Caterpillar (NYSE: CAT) and tech-giant Yahoo (NASDAQ: YHOO) who both are reporting earnings Monday. Caterpillar’s guidance should be directly correlated to the Chinese economy, something investors should note as the company is often seen as a proxy for China’s continued industrialization.
Reports: Durable Goods Orders (Expected 1.8% month-over-month), Pending Home Sales (Expected 0.3%), Dallas Fed (Prior 6.8)
Earnings from: Caterpillar (NYSE: CAT), VMWare (NYSE: VMW), Illumina (NASDAQ: ILMN), Yahoo (NASDAQ: YHOO)
Reports: Consumer Confidence (Expected 64)Tuesday both carmaker Ford (NYSE: F) and online retailer Amazon (NASDAQ: AMZN) report. Estimates for Ford are around $0.26 while the stock has rallied significantly the past three months, up more than 30%.
Earnings from: Eli Lilly (NYSE: LLY), AK Steel (NYSE: AKS), Nucor (NYSE: NUE), DR Horton (NYSE: DHI), Ford (NYSE: F), Amazon (NASDAQ: AMZN), International Paper (NYSE: IP), Tupperware (NYSE: TUP)
Wednesday Skyworks Solutions (NASDAQ: SWKS), a handset chip supplier reports. Skyworks has been a stock we have liked quite a bit as we believe the iPhone and Samsung Galaxy chipmaker has lots of potential. The stock has been volatile as of late due to Apple’s fall causing doubts about the growth of the smartphone market however look for strong guidance to send the stock higher. It’s not just speculation that backs up this stock, from top to bottom strong numbers help reassure both investors and analysts. Read our past article to find out more: SWKS & BRCM Two Component Suppliers of the iPhone That Are Long-Term Strong Buys
Also reporting on Wednesday is the social media giant, Facebook (NASDAQ: FB). Analysts are anticipating earnings of around $0.15 per share on revenue of $1.52 billion total. Facebook shares have been steadily recovering since the disastrous IPO, up close to 40% over the past three months.
Reports: ADP Nonfarm Employment Change (Expected 163k), GDP (Expected 1.5% Quarter-over-Quarter)
Earnings from: Fusion-IO (NYSE: FIO), Northrop Grumman (NYSE: NOX), Tetra Tech (NASDAQ: TTEK), Skyworks Solutions (NASDAQ: SWKS), QUALCOMM (NASDAQ: QCOM), Facebook (NASDAQ: FB)
Thursday we will see earnings from apparel maker Under Armour (NYSE: UA) and Altria Group (NYSE: MO).
Reports: Personal Income (Expected 0.8% Month-over-Month), Personal Spending (Expected 0.3% Month-over-Month)
Earnings from: AutoNation (NYSE: AN), Altria Group (NYSE: MO), Colgate-Palmolive (NYSE: CL), Mastercard (NYSE: MA), Xcel Energy (NYSE: XEL), Sherwin-Williams (NYSE: SHW), PulteGroup (NYSE: PG), Time Warner (NYSE: TWC), Under Armour (NYSE: UA), UPSE (NYSE: UPS)
Friday caps off the week with earnings report from Legg Mason (NYSE: LM).
Reports: Nonfarm Payrolls (Expected 155K), Unemployment Rate (Expected 7.8%), Michigan Consumer Sentiment (Expected 71.5), ISM Manufacturing Index (Expected 50.5)
Earnings from: Legg Mason (NYSE: LM), LyondellBasell (NYSE: LYB)
Beyond just earnings, investors will be able to digest all sorts of economic data points this week. It will be interesting to see how the market reacts to new data on new home sales, consumer confidence, unemployment, nonfarm payroll, durable goods orders, and GDP.
So prepare yourself, as it should be one of the busiest and most exciting weeks for the market in recent months.