A Cheat Sheet For This Week's Earnings Announcements

What do The Coca Cola Co. (KO) and Johnson & Johnson (JNJ) have in common? Well in addition to being two of the biggest household names in America, both of these stocks are gaining today after they released stronger-than-expected earnings results this morning. However, the same can’t be said for Goldman Sachs Group Inc. (GS), which is trading down after it announced that bond trading revenues retreated 7% in the first quarter.

This week kicks off the first wave of big blue chip announcements, so there’s plenty more excitement to come. And if you’re like me, you’ll want to do what you can to avoid disappointments like GS. So let’s preview some of the biggest earnings announcements coming at us this week. I’ll provide what the analyst community’s expectations are for each stock plus my take on whether the upcoming earnings announcement is a buying opportunity.

The Good

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
ABT Abbott Laboratories Wednesday -43% -60% Buy
EBAY eBay Inc. Wednesday 15% 13% Buy
GE General Electric Co. Friday -1% 3% Buy
GOOG Google Inc. Thursday 73% 6% Buy
HBI Hanesbrands Inc. Friday -6% 300% Strong Buy
HON Honeywell International Inc. Friday 2% 10% Buy
KMB Kimberly-Clark Corp. Friday 1% 8% Strong Buy
MAT Mattel Inc. Wednesday 6% 50% Buy
PEP PepsiCo Inc. Thursday 2% 3% Strong Buy
PPG PPG Industries Inc. Thursday -8% -15% Buy
SHW  Sherwin-Williams Co. Thursday 4% 16% Strong Buy
VZ Verizon Communications Inc. Thursday 5% 12% Buy
YHOO Yahoo! Inc. Tuesday 2% 0% Strong Buy

The Bad

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
AXP  American Express Co. Wednesday 6% 5% Hold
BAC Bank of America Corp. Wednesday 6% 633% Hold
BK Bank of New York Mellon Corp. Wednesday 0% -10% Hold
CSX CSX Corp.  Tuesday -2% -7% Hold
MCD McDonald’s Corp. Friday 0% 3% Hold
MS Morgan Stanley  Thursday 20% 1050% Hold
PJC Piper Jaffray Companies Wednesday -4% 52% Hold
SNDK SanDisk Corp. Wednesday 8% 22% Hold
SON Sonoco Products Inc. Thursday 0% 2% Hold
STI SunTrust Banks Inc. Friday 2% 33% Hold
UA Under Armour Inc. Friday 22% -79% Hold
UNH UnitedHealth Group Inc. Thursday 12% -13% Hold
URI United Rentals Inc. Tuesday 69% 33% Hold

The Ugly

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
ETFC E*TRADE Financial Corp. Thursday -10% -46% Sell
INTC Intel Corp. Tuesday -2% -23% Strong Sell
MSFT Microsoft Inc. Thursday 19% 13% Sell
PNC PNC Financial Services Group Inc. Wednesday 6% 9% Sell


Louis Navellier

Louis Navellier

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