The earnings season is winding down, however there are a number of key corporations nonetheless on deck to report. Of the 9 S & P 500 corporations scheduled to publish their third-quarter outcomes, Dwelling Depot and Disney are amongst them. Buyers will look to those outcomes for clues on whether or not the inventory market’s postelection rally can proceed. Thus way over 450 S & P 500 names have posted their outcomes. Of these, 74% have crushed earnings expectations, per FactSet. Beneath is a breakdown of what to anticipate from a few of the S & P 500 members slated to report. All occasions are Japanese. Tuesday Dwelling Depot is about to report earnings within the premarket. A name with administration is slated for 9 a.m. Final quarter: HD stated it sees gross sales weakening amid a extra cautious buyer . This quarter: Analysts polled by LSEG see a small year-over-year earnings decline for the house enchancment big. What CNBC is watching: UBS thinks same-store gross sales can be weak for Dwelling Depot, citing weak demand. “Additional, we predict ongoing strain on bigger tasks pushed execs to have interaction in smaller tasks. Nonetheless, newness and innovation doubtless prompted shoppers to commerce up in sure classes, offering top-line help,” analyst Michael Lasser wrote Friday. What historical past reveals: Information from Bespoke Funding Group reveals Dwelling Depot has crushed earnings expectations for 17 straight quarters. Stay Nation Leisure is about to report earnings earlier than the bell, adopted by a name at 9 a.m. Final quarter: LYV reported working revenue that beat expectations, whereas income was in step with estimates, per StreetAccount. This quarter: The leisure conglomerate is anticipated to report a ten% earnings decline from the year-earlier interval, LSEG knowledge reveals. What CNBC is watching: Stay Nation has been a transparent winner in 2024, up 31% in that point, an Morgan Stanley expects that momentum to proceed. The financial institution final week raised its worth goal to $140 from $120, implying upside of 13.8%. “LYV stays our most popular publicity to robust client demand for reside occasions and live shows. Whereas much less stadium exercise in 3Q drives ’24 barely decrease … an improved ’25 outlook drives up estimates & PT,” the financial institution wrote. What historical past reveals: Stay Nation shares have risen after the final 4 earnings releases, per Bespoke. Thursday Walt Disney is about to report earnings within the premarket, with a name scheduled for 8:30 a.m. Final quarter: DIS beat estimates, with the corporate’s mixed streaming providers turning a revenue . This quarter: The media big is anticipated to publish earnings development of greater than 30% 12 months on 12 months, in keeping with LSEG. What CNBC is watching: Guggenheim analyst Michael Morris thinks the important thing for buyers can be Disney’s steerage. “Our up to date FY25 estimates are 2% forward of consensus on income and working revenue, with the biggest constructive variances at Content material, Direct-to-Client (DTC), and Experiences,” he stated final month. What historical past reveals: Disney has not accomplished properly following the final two releases, shedding 4.5% and 9.5%, respectively. Utilized Supplies is about to report earnings after the open. A name with administration is about for 4:30 p.m. Final quarter: AMAT firm reported better-than-expected quarterly outcomes. This quarter: Analysts count on slight year-over-year earnings and income development 12 months on 12 months, LSEG knowledge reveals. What CNBC is watching: Utilized Supplies has lagged the broader semiconductor sector this 12 months, rising greater than 18% whereas the VanEck Semiconductor ETF (SMH) has soared 48% in that point. Can this week’s report spark a catch-up commerce for the inventory? What historical past reveals: Utilized Supplies shares common a achieve of 0.8% on earnings days, per Bespoke.
