It is clear that the mixed earnings results seen so far have contributed to the volatility in the markets throughout January. While many of the market movers have already shared their most recent quarterly results, there are plenty more on tap as February gets started.
Among the most anticipated results this week will be those from General Motors Company (NYSE: GM), Gilead Sciences, Inc. (NASDAQ: GILD), Twitter Inc (NYSE: TWTR) and Walt Disney Co (NYSE: DIS), from which analysts expect to see earnings growth. On the other hand, the consensus forecasts for Exxon Mobil Corporation (NYSE: XOM) and Merck & Co., Inc. (NYSE: MRK) call for earnings declines, while Sprint Corporation (NYSE: S) is expected to report a net loss.
The following is a quick day-by-day run down of analyst expectations from these and some of the week's other most prominent reports.
See also: The Most Important Message Investors Need For Earnings Season
Monday
The fourth-quarter forecast for Exxon calls for per-share earnings of $1.34 on revenue of $87.58 billion. In the same period of last year, the supermajor posted $1.91 in earnings per share and revenue of $110.86 billion. EPS handily beat estimates in recent quarters, but the consensus estimate has dropped $0.19 in the past 60 days. Exxon will report before the markets open.
Cliffs Natural Resources and Hartford Financial Services are expected to join Exxon in posting earnings declines on Monday, but analysts are looking for higher earnings from Anadarko Petroleum and Sysco when they report.
Tuesday
Late Tuesday, Gilead Sciences will post per-share earnings of $2.20 on revenue of $6.73 billion, if the consensus forecast for the fourth quarter is correct. That would be a big jump from EPS of $0.55 and $3.12 billion in revenue in the year-ago period. But note that the EPS estimate has dropped by a nickel in the past 60 days, and earnings fell short of expectations in the previous report.
Disney is also scheduled to share its results after the markets close. Per-share earnings are expected to have risen less than 3 percernt to $1.07. That estimate has ticked up by a penny in the past 60 days. Revenue for the fiscal first quarter is forecast to be more than 4 percent higher to $12.87 billion.
Also on Tuesday, Emerson Electric and National Oilwell Varco are expected to offer up earnings growth, while EPS from UPS are flat, relative to the year-ago quarter. However, Archer Daniels Midland, BP and Consol Energy are believed to have shrinking earnings, and Arch Coal is expected to a report a smaller net loss.