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 submit their third-quarter outcomes, House Depot and Disney are amongst them. Traders will look to those outcomes for clues on whether or not the inventory market’s postelection rally can proceed. Thus excess of 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 House Depot is ready to report earnings within the premarket. A name with administration is slated for 9 a.m. Final quarter: HD mentioned 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 House Depot, citing weak demand. “Additional, we expect ongoing strain on bigger tasks pushed execs to have interaction in smaller tasks. Nonetheless, newness and innovation seemingly prompted customers to commerce up in sure classes, offering top-line help,” analyst Michael Lasser wrote Friday. What historical past exhibits: Information from Bespoke Funding Group exhibits House Depot has crushed earnings expectations for 17 straight quarters. Stay Nation Leisure is ready 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 according to estimates, per StreetAccount. This quarter: The leisure conglomerate is anticipated to report a ten% earnings decline from the year-earlier interval, LSEG knowledge exhibits. 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 value goal to $140 from $120, implying upside of 13.8%. “LYV stays our most well-liked publicity to robust client demand for stay 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 exhibits: Stay Nation shares have risen after the final 4 earnings releases, per Bespoke. Thursday Walt Disney is ready 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 submit earnings progress of greater than 30% 12 months on 12 months, based on LSEG. What CNBC is watching: Guggenheim analyst Michael Morris thinks the important thing for buyers can be Disney’s steering. “Our up to date FY25 estimates are 2% forward of consensus on income and working revenue, with the biggest optimistic variances at Content material, Direct-to-Client (DTC), and Experiences,” he mentioned final month. What historical past exhibits: Disney has not accomplished properly following the final two releases, shedding 4.5% and 9.5%, respectively. Utilized Supplies is ready to report earnings after the open. A name with administration is ready for 4:30 p.m. Final quarter: AMAT firm reported better-than-expected quarterly outcomes. This quarter: Analysts anticipate slight year-over-year earnings and income progress 12 months on 12 months, LSEG knowledge exhibits. 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 exhibits: Utilized Supplies shares common a acquire of 0.8% on earnings days, per Bespoke.
