Oct 18, 2016 - Q3 Earnings - Week 2

Q3 Earnings - Week 2

Would you happen to have the feeling that the academics at Fed will not raise the rates in Dec and then the markets will lose any confidence it still may have, the investors and economy will get it the same way and everything will go down the hole ending up with a new full blown recession...?

…or is it just me?

Okay, let’s focus on earnings and try to figure out what will pretty high valuations and steadily declining earnings over the last few quarters will do to stock market in the above mentioned scenario.

This Week

Goldman Sachs Group Inc – a nice jump in bond trading helped to surprise the market

Wednesday

Genuine Parts Co – estimated EPS 1.28, +3.5% Y/Y; Revenue 4 022 mln

Halliburton Co – estimated EPS -0.07, -121.9% Y/Y; Revenue 3 901 mln

American Express Co – estimated EPS 0.96, -22.5% Y/Y; Revenue 7 697 mln

China Life Insurance Co Ltd (CN) – estimated EPS 0.05, -44.1% Y/Y; Revenue … mln

Morgan Stanley – estimated EPS 0.63, +84.6% Y/Y; Revenue 8 149 mln

US Bancorp – estimated EPS 0.83, +4.3% Y/Y; Revenue 5 347 mln

Abbott Laboratories – estimated EPS 0.58, +8.0% Y/Y; Revenue 5 287 mln

Valeant Pharmaceuticals Int – estimated EPS 1.77, -35.5% Y/Y; Revenue 2 519 mln

eBay Inc – estimated EPS 0.44, +2.3% Y/Y; Revenue 2 186 mln

Thursday

Walgreens Boots Aliance Inc – estimated EPS 0.99, +12.5% Y/Y; Revenue 29 084 mln

Schlumberger Ltd – estimated EPS 0.22, -71.4% Y/Y; Revenue 7 105 mln

Bank of New York Mellon – estimated EPS 0.81, +9.3% Y/Y; Revenue 3 862 mln

China Construction Bank Corp – estimated EPS 0.23, -4.2% Y/Y; Revenue … mln

E*TRADE Financial Corp – estimated EPS 0.39, +17.6% Y/Y; Revenue 472 mln

Travelers Cos – estimated EPS 2.33, -20.6% Y/Y; Revenue 6 870 mln

American Airlines Group – estimated EPS 1.69, -39.0% Y/Y; Revenue 10 534 mln

Union Pacific Corp – estimated EPS 1.40, -6.5% Y/Y; Revenue 5 163 mln

Vinci SA (FR) – estimated EPS 2.41, +5.3% Y/Y; Revenue 20 184 mln

Microsoft Inc – estimated EPS 0.68, +1.8% Y/Y; Revenue 21 698 mln

China Mobile Ltd (CN) – estimated EPS 1.48, …% Y/Y; Revenue 189 366 mln

Rogers Communications Inc (CA) – estimated EPS 0.87, -4.1% Y/Y; Revenue 3 448 mln

Verizon Communications Inc – estimated EPS 0.99, -5.1% Y/Y; Revenue 31 128 mln

Friday

Daimler AG (GE) – estimated EPS 2.23, +3.1% Y/Y; Revenue 38 372 mln

Kia Motors Corp (KR) – estimated EPS 1 566.06, +15.4% Y/Y; Revenue 12 643 981 mln

McDonald's Corp – estimated EPS .49, +6.1% Y/Y; Revenue 6 285 mln

Whirlpool Corp – estimated EPS 3.88, +12.4% Y/Y; Revenue 5 340 mln

General Electric Co – estimated EPS 0.30, +4.1% Y/Y; Revenue 29 645 mln

Honeywell International Inc – estimated EPS 1.62, +1.4% Y/Y; Revenue 9 840 mln

SAP SE (GE) – estimated EPS 0.95, -2.7% Y/Y; Revenue 5 301 mln

Good luck Champs!

Mr Hawk

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