More specifically, this is the busiest earnings week of the entire season.
|13 Dow components reporting this week||Reporting date|
|Boeing Co. BA, -0.65%||Tuesday|
|Chevron Corp. CVX, -0.87%||Thursday|
|DowDuPont Inc. DWDP, +0.40%||Thursday|
|McDonald’s Corp. MCD, -0.51%||Wednesday|
|3M Co. MMM, -1.52%||Wednesday|
|Merck Co. MRK, -0.23%||Friday|
|Pfizer Inc. PFE, -2.23%||Tuesday|
|Visa V, -2.64%||Wednesday|
|Verizon Communications VZ, -2.31%||Tuesday|
|Exxon Mobil XOM, -0.98%||Friday|
Some color from MarketWatch.com:
Thus far, about one-fifth, or 112, of the S&P 500 companies have reported already, with the majority topping analysts’ earnings estimates: 72.3% of companies have reported above analyst average estimates, compared with an average outperformance of 64%, but below the average over the past four quarters of 78%., according to data from Refinitiv.
However, 58.0% of companies have reported fourth-quarter revenue above analyst expectations, which is below the long-term average of 60% and below the average over the past four quarters of 72%, the data provider said. Moreover, earnings expectations themselves had been dialed back by analysts just before the fourth-quarter kicked off amid a panoply of headwinds.
Hat tip MarketWatch.com