The busiest week of the earnings season is right here, with among the world’s largest tech corporations slated to report. Apple, Microsoft and Meta Platforms are among the many roughly 90 S & P 500 corporations on account of publish their newest quarterly figures. Common Motors and Starbucks are additionally on the docket. It has been a strong earnings season to date on Wall Avenue, with the outcomes serving to the S & P 500 attain an all-time excessive final week. About 80 S & P 500 names have posted earnings to date, with 76% of these topping analyst expectations, per FactSet. Check out CNBC Professional’s breakdown of what is anticipated from this week’s key experiences. All instances are ET. Tuesday Common Motors is ready to report earnings earlier than the bell, adopted by a name at 8:30 a.m. Final quarter: GM had its finest day since 2020 on better-than-expected third-quarter outcomes . This quarter: Earnings are anticipated to have surged almost 50% from the year-earlier interval, based on LSEG. What CNBC is watching: Buyers will probably be looking forward to any commentary GM supplies on tariffs and the way they might influence the corporate’s income going ahead. Nevertheless, Deutsche Financial institution thinks a lot of these considerations are baked into the inventory already. “Whereas there are considerations in regards to the cycle and potential insurance policies of the brand new Trump administration, our view is that these dangers are already very well-known and there is room for constructive surprises (e.g., pricing holds up higher, no Mexico tariffs, and many others.),” wrote analyst Edison Yu , who final week upgraded GM to purchase from maintain. What historical past exhibits: GM earnings beat expectations 88% of the time, per Bespoke Funding Group. Boeing is ready to report earnings within the premarket, with a name scheduled for 10 a.m. Final quarter: BA posted a narrower-than-expected loss, with CEO Kelly Ortberg setting his sights on a “leaner” future for the corporate . This quarter: The airplane maker’s income is anticipated to have fallen greater than 25% yr over yr, per LSEG. What CNBC airways reporter Leslie Josephs is watching: “Is that this Boeing’s turnaround yr? For actual this time? On Tuesday, they will get a roadmap from CEO Kelly Ortberg, who took the reins in August, on how the producer is recovering from a number of crises, together with final yr’s midair blowout of a door plug and an almost two-month machinist strike that halted manufacturing of most of its jetliners. Boeing executives have already disclosed plans to slash 17,000 jobs and lower prices in every single place from firm journey to company occasions. Executives will face questions on how shortly the factories can ramp up manufacturing, with prospects like American Airways and United Airways ready for delayed plane. Different packages, together with protection, have additionally struggled and certain contributed to what might be Boeing’s sixth consecutive annual loss. Analysts additionally will need to understand how an already-fragile provide chain will stand up to tariffs if the brand new Trump administration pushes for duties on imports.” What historical past exhibits: Boeing earnings have missed expectations for 2 straight quarters, Bespoke information exhibits. Starbucks is ready to report earnings after the bell. A name with administration is ready for five p.m. Final quarter: SBUX CEO Brian Niccol stated he would change the corporate’s technique following a 3rd straight quarterly gross sales decline . This quarter: Analysts polled by LSEG see a 25% year-over-year drop in earnings for the espresso chain. What to look at: Starbucks shares are coming off their third straight annual decline, shedding about 5% in 2024, whereas the S & P 500 scaled to document ranges. Nevertheless, some analysts are beginning to see gentle on the finish of the tunnel. “SBUX ’25 bar is low however under-earning dynamics are evident; as initiatives resonate & a turnaround builds credibility, traders probably look previous NT noise for ’26 upside,” wrote Wells Fargo’s Zachary Fadem, who has an obese ranking on the inventory. What historical past exhibits: Starbucks earnings have missed estimates in three of the final 4 quarters, per Bespoke. Wednesday Meta Platforms is ready to report earnings after the shut, with a name slated for five p.m. Final quarter: META reported slower-than-expected person progress and warned of a 2025 leap in AI spending . This quarter: The tech large is anticipated to report earnings progress of greater than 25% yr on yr, based on LSEG. What to look at: TD Cowen analyst John Blackledge expects the corporate’s generative AI advert instruments to “drive income progress.” He stated: “Meta’s advert suite now options GenAI instruments for textual content and picture creation, advert optimization inside Benefit+ Inventive, and an expanded biz messaging providing. We count on that Meta’s income progress will probably be supported by its AI investments wanting ahead, pushed by additional uptake of GenAI instruments as a rising 44% of advert patrons from our survey are utilizing Gen AI instruments for advert content material creation, up from 37% final yr.” What historical past exhibits: Meta tends to outperform earnings expectations 88% of the time, based on Bespoke. The inventory additionally averages a 1.9% acquire on earnings days. Microsoft is ready to report earnings after the bell, with a name scheduled for five:30 p.m. Final quarter: MSFT dipped on weak steering . This quarter: The tech large is anticipated to report 10% income progress yr on yr, based on LSEG. What to look at: Key for Microsoft will probably be any developments its synthetic intelligence together with how properly its Azure enterprise carried out. “Focus stays on Azure’s progress (cons. ~32% yoy cc) & F2H reacceleration, M365 Copilot traction and Capex (FY25 $84B). We count on MSFT to execute properly, and stay followers of LT consolidation & AI story,” wrote Jefferies analyst Brent Thill, who has a purchase ranking on the inventory. What historical past exhibits: Microsoft has posted an earnings beat for 9 straight quarters, Bespoke information exhibits. That stated, shares declined after six of these experiences got here out. Tesla is ready to report earnings after the closing bell. A convention name is ready for five:30 p.m. Final quarter: TSLA jumped on a revenue beat and CEO Elon Musk ‘s prediction of at the least 20% “car progress” in 2025. This quarter: The electrical car maker’s earnings are anticipated to have grown about 5% from the year-earlier interval, per LSEG. What to look at: Buyers will search for indicators of a restoration in car deliveries after a decline in 2024. “We consider the corporate’s execution on Mannequin 3 and Y volumes within the medium time period and price discount, largely from a battery perspective, are essential to realizing constructive incremental working margin and money stream essential to help sustainable profitability,” wrote Oppenheimer analyst Colin Rusch. What historical past exhibits: Tesla shares have fallen in three of the final 5 earnings days, per Bespoke, together with two declines of greater than 12%. Thursday Apple is ready to report earnings following the shut, with a name between analysts and administration set for five p.m. Final quarter: AAPL gross sales rose 6%, whereas earnings beat analyst expectations . This quarter: Analysts see earnings progress of about 8% from the year-earlier interval, based on LSEG. What to look at: Apple comes into this week’s report following two notable downgrades final week, one from Jefferies and the opposite from Loop Capital. The previous warned that the corporate’s income could disappoint, whereas the opposite sees “materials demand reductions” forward of the iPhone 17 launch. On prime of that, the inventory has shed greater than 10%, whereas the S & P 500 reached document highs. Can the tech large show the naysayers incorrect with these outcomes? What historical past exhibits: Bespoke information exhibits the iPhone maker beats earnings expectations 89% of the time. The inventory additionally averages a 1.3% advance on earnings day.
