While the real fireworks came last week, I still expect that July will end with a bang. Second-quarter earnings season is just around the corner, and it’s shaping up to be a strong one. According to FactSet, analysts expect the S&P 500 will post 20.0% annual earnings growth and 8.7% annual revenue growth. If the S&P 500 pulls this off, this would be the highest earnings growth in eight years and the strongest sales growth in seven years.
So you can bet that it is going to spur some big swings in the market. To prepare for this, let’s preview some of the biggest earnings announcements coming at us over the next few weeks. 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 |
Symbol |
Company Name |
Earnings Date |
Est. Sales Growth |
Est. Earnings Growth |
Total Grade |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ AbbVie Inc. Drug Manufacturers – Major | USA | 157.25B] offsetx=[100] offsety=[0] delay=[0]”>ABBV
AbbVie Inc. |
Jul 26/b |
18.0% |
39.4% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Abbott Laboratories Medical Appliances & Equipment | USA | 110.13B] offsetx=[100] offsety=[-220] delay=[0]”>ABT
Abbott Laboratories |
Jul 18/b |
16.7% |
14.5% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Align Technology, Inc. Medical Appliances & Equipment | USA | 27.46B] offsetx=[100] offsety=[-220] delay=[0]”>ALGN
Align Technology, Inc. |
Jul 25/a |
32.4% |
28.2% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Anthem, Inc. Health Care Plans | USA | 63.83B] offsetx=[100] offsety=[0] delay=[0]”>ANTM
Anthem, Inc. |
Jul 25/b |
2.2% |
24.3% |
B |
BA |
The Boeing Company |
Jul 25/b |
5.0% |
35.7% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Baxter International Inc. Medical Instruments & Supplies | USA | 40.23B] offsetx=[100] offsety=[-220] delay=[0]”>BAX
Baxter International Inc. |
Jul 26/b |
9.1% |
12.7% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Caterpillar Inc. Farm & Construction Machinery | USA | 84.47B] offsetx=[100] offsety=[-220] delay=[0]”>CAT
Caterpillar Inc. |
Jul 30/b |
22.5% |
83.2% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ CME Group Inc. Investment Brokerage – National | USA | 56.14B] offsetx=[100] offsety=[-220] delay=[0]”>CME
CME Group Inc. |
Jul 26/b |
14.2% |
40.7% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Centene Corporation Health Care Plans | USA | 22.91B] offsetx=[100] offsety=[-220] delay=[0]”>CNC
Centene Corp. |
Jul 24/b |
16.6% |
11.9% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ ConocoPhillips Independent Oil & Gas | USA | 84.64B] offsetx=[100] offsety=[-220] delay=[0]”>COP
ConocoPhillips |
Jul 26/b |
10.0% |
621.4% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Chevron Corporation Major Integrated Oil & Gas | USA | 244.98B] offsetx=[100] offsety=[-220] delay=[0]”>CVX
Chevron Corp. |
Jul 27/b |
32.4% |
130.8% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Hilton Worldwide Holdings Inc. Lodging | USA | 24.08B] offsetx=[100] offsety=[0] delay=[0]”>HLT
Hilton Worldwide Holdings Inc. |
Jul 25/b |
5.5% |
36.5% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Illumina, Inc. Medical Instruments & Supplies | USA | 42.84B] offsetx=[100] offsety=[-220] delay=[0]”>ILMN
Illumina, Inc. |
Jul 31/a |
18.7% |
35.4% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Intel Corporation Semiconductor – Broad Line | USA | 243.80B] offsetx=[100] offsety=[-220] delay=[0]”>INTC
Intel Corp. |
Jul 26/a |
13.0% |
31.9% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Intuitive Surgical, Inc. Medical Instruments & Supplies | USA | 56.64B] offsetx=[100] offsety=[-220] delay=[0]”>ISRG
Intuitive Surgical, Inc. |
Jul 19/a |
16.0% |
26.3% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ LyondellBasell Industries N.V. Specialty Chemicals | Netherlands | 42.48B] offsetx=[100] offsety=[-220] delay=[0]”>LYB
LyondellBasell Industries N.V. |
Jul 27/b |
10.9% |
3.5% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Mastercard Incorporated Credit Services | USA | 207.14B] offsetx=[100] offsety=[-220] delay=[0]”>MA
Mastercard Inc. |
Jul 26/b |
19.8% |
40.0% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Moody’s Corporation Business Services | USA | 33.82B] offsetx=[100] offsety=[-220] delay=[0]”>MCO
Moody’s Corp. |
Jul 27/b |
14.8% |
23.4% |
B |
MSFT |
Microsoft Corp. |
Jul 19/a |
18.3% |
1.9% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ NextEra Energy, Inc. Electric Utilities | USA | 78.81B] offsetx=[100] offsety=[-220] delay=[0]”>NEE
NextEra Energy, Inc. |
Jul 25/b |
3.7% |
7.5% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Northrop Grumman Corporation Aerospace/Defense – Major Diversified | USA | 55.22B] offsetx=[100] offsety=[-220] delay=[0]”>NOC
Northrop Grumman Corp. |
Jul 25/b |
11.3% |
21.0% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ ONEOK, Inc. Gas Utilities | USA | 29.18B] offsetx=[100] offsety=[-220] delay=[0]”>OKE
ONEOK, Inc. |
Jul 31/a |
30.8% |
103.0% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ O’Reilly Automotive, Inc. Auto Parts Stores | USA | 24.07B] offsetx=[100] offsety=[0] delay=[0]”>ORLY
O’Reilly Automotive, Inc. |
Jul 25/a |
6.0% |
30.6% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ The Progressive Corporation Property & Casualty Insurance | USA | 34.82B] offsetx=[100] offsety=[-220] delay=[0]”>PGR
The Progressive Corp. |
Jul 17/b |
19.1% |
81.4% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Phillips 66 Oil & Gas Refining & Marketing | USA | 55.13B] offsetx=[100] offsety=[-220] delay=[0]”>PSX
Phillips 66 |
Jul 27/b |
18.9% |
99.1% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ PayPal Holdings, Inc. Credit Services | USA | 99.14B] offsetx=[100] offsety=[0] delay=[0]”>PYPL
PayPal Holdings, Inc. |
Jul 25/a |
21.4% |
21.7% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Raytheon Company Aerospace/Defense Products & Services | USA | 56.70B] offsetx=[100] offsety=[-220] delay=[0]”>RTN
Raytheon Company |
Jul 26/b |
3.6% |
24.3% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ The Sherwin-Williams Company Specialty Chemicals | USA | 38.55B] offsetx=[100] offsety=[0] delay=[0]”>SHW
The Sherwin-Williams Company |
Jul 24/b |
25.2% |
25.2% |
B |
SPGI |
S&P Global Inc. |
Jul 26/b |
6.2% |
23.8% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ T. Rowe Price Group, Inc. Asset Management | USA | 28.81B] offsetx=[100] offsety=[-220] delay=[0]”>TROW
T. Rowe Price Group, Inc. |
Jul 25/b |
14.4% |
19.3% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Twitter, Inc. Internet Information Providers | USA | 30.98B] offsetx=[100] offsety=[0] delay=[0]”>TWTR
Twitter, Inc. |
Jul 27/b |
20.7% |
100.0% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Texas Instruments Incorporated Semiconductor – Broad Line | USA | 111.80B] offsetx=[100] offsety=[-220] delay=[0]”>TXN
Texas Instruments Inc. |
Jul 24/a |
7.3% |
27.2% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ UnitedHealth Group Incorporated Health Care Plans | USA | 241.87B] offsetx=[100] offsety=[-220] delay=[0]”>UNH
UnitedHealth Group Inc. |
Jul 17/b |
12.1% |
23.2% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Union Pacific Corporation Railroads | USA | 111.89B] offsetx=[100] offsety=[-220] delay=[0]”>UNP
Union Pacific Corp. |
Jul 19/b |
6.9% |
33.1% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Visa Inc. Credit Services | USA | 300.13B] offsetx=[100] offsety=[0] delay=[0]”>V
Visa Inc. |
Jul 25/a |
11.4% |
26.7% |
A |
VFC |
V.F. Corp. |
Jul 20/b |
13.1% |
13.8% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Valero Energy Corporation Oil & Gas Refining & Marketing | USA | 46.97B] offsetx=[100] offsety=[0] delay=[0]”>VLO
Valero Energy Corp. |
Jul 26/b |
18.4% |
62.6% |
A |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Verizon Communications Inc. Telecom Services – Domestic | USA | 208.92B] offsetx=[100] offsety=[-220] delay=[0]”>VZ
Verizon Communications Inc. |
Jul 24/b |
3.9% |
19.8% |
B |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[ Weyerhaeuser Company Lumber, Wood Production | USA | 28.00B] offsetx=[100] offsety=[-220] delay=[0]”>WY
Weyerhaeuser Company |
Jul 27/b |
11.0% |
46.4% |
B |
|
The Ugly |
Symbol |
Company Name |
Earnings Date |
Est. Sales Growth |
Est. Earnings Growth |
Total Grade |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Allergan plc
Drugs – Generic | USA | 57.63B] offsetx=[100] offsety=[0] delay=[0]”>AGN
Allergan plc |
Jul 26/b |
-2.7% |
2.0% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Alexion Pharmaceuticals, Inc.
Biotechnology | USA | 29.30B] offsetx=[100] offsety=[0] delay=[0]”>ALXN
Alexion Pharmaceuticals, Inc. |
Jul 26/b |
7.2% |
9.0% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Citigroup Inc.
Money Center Banks | USA | 174.78B] offsetx=[100] offsety=[0] delay=[0]”>C
Citigroup Inc. |
Jul 13/b |
3.2% |
21.9% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Celgene Corporation
Biotechnology | USA | 63.28B] offsetx=[100] offsety=[0] delay=[0]”>CELG
Celgene Corp. |
Jul 26/b |
12.9% |
15.4% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Charter Communications, Inc.
CATV Systems | USA | 71.52B] offsetx=[100] offsety=[-220] delay=[0]”>CHTR
Charter Communications, Inc. |
Jul 31/b |
4.5% |
94.2% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Colgate-Palmolive Company
Personal Products | USA | 57.54B] offsetx=[100] offsety=[0] delay=[0]”>CL
Colgate-Palmolive Company |
Jul 27/b |
4.0% |
8.3% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Comcast Corporation
Entertainment – Diversified | USA | 154.46B] offsetx=[100] offsety=[0] delay=[0]”>CMCSA
Comcast Corp. |
Jul 26/b |
3.1% |
15.4% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Dominion Energy, Inc.
Electric Utilities | USA | 44.94B] offsetx=[100] offsety=[0] delay=[0]”>D
Dominion Energy, Inc. |
Jul 27/b |
12.5% |
20.9% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Delta Air Lines, Inc.
Major Airlines | USA | 35.62B] offsetx=[100] offsety=[0] delay=[0]”>DAL
Delta Air Lines, Inc. |
Jul 12/b |
8.5% |
4.9% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Ecolab Inc.
Specialty Chemicals | USA | 41.24B] offsetx=[100] offsety=[-220] delay=[0]”>ECL
Ecolab Inc. |
Jul 31/b |
6.7% |
12.4% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
General Dynamics Corporation
Aerospace/Defense Products & Services | USA | 57.53B] offsetx=[100] offsety=[-220] delay=[0]”>GD
General Dynamics Corp. |
Jul 25/b |
18.1% |
2.9% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
General Electric Company
Diversified Machinery | USA | 123.04B] offsetx=[100] offsety=[-220] delay=[0]”>GE
General Electric Company |
Jul 20/b |
-0.6% |
-39.3% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Gilead Sciences, Inc.
Biotechnology | USA | 100.31B] offsetx=[100] offsety=[0] delay=[0]”>GILD
Gilead Sciences, Inc. |
Jul 25/a |
-27.3% |
-39.1% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Corning Incorporated
Diversified Electronics | USA | 24.55B] offsetx=[100] offsety=[0] delay=[0]”>GLW
Corning Inc. |
Jul 25/b |
3.2% |
-11.9% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
The Goldman Sachs Group, Inc.
Investment Brokerage – National | USA | 85.14B] offsetx=[100] offsety=[-220] delay=[0]”>GS
The Goldman Sachs Group, Inc. |
Jul 17/b |
10.7% |
17.7% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Honeywell International Inc.
Diversified Machinery | USA | 111.12B] offsetx=[100] offsety=[-220] delay=[0]”>HON
Honeywell International Inc. |
Jul 20/b |
7.3% |
11.7% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
International Business Machines Corporation
Information Technology Services | USA | 133.23B] offsetx=[100] offsety=[0] delay=[0]”>IBM
International Business Machines Corp. |
Jul 18/a |
3.2% |
3.4% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Johnson & Johnson
Drug Manufacturers – Major | USA | 341.66B] offsetx=[100] offsety=[0] delay=[0]”>JNJ
Johnson & Johnson |
Jul 17/b |
8.1% |
12.6% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Kimberly-Clark Corporation
Personal Products | USA | 36.71B] offsetx=[100] offsety=[0] delay=[0]”>KMB
Kimberly-Clark Corp. |
Jul 24/b |
2.1% |
6.0% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
The Coca-Cola Company
Beverages – Soft Drinks | USA | 191.80B] offsetx=[100] offsety=[0] delay=[0]”>KO
The Coca-Cola Company |
Jul 25/b |
-11.6% |
1.7% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Southwest Airlines Co.
Regional Airlines | USA | 31.11B] offsetx=[100] offsety=[0] delay=[0]”>LUV
Southwest Airlines Co. |
Jul 26/b |
0.5% |
0.8% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
McDonald’s Corporation
Restaurants | USA | 127.03B] offsetx=[100] offsety=[-220] delay=[0]”>MCD
McDonald’s Corp. |
Jul 26/b |
-11.7% |
13.5% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
McKesson Corporation
Drugs Wholesale | USA | 28.40B] offsetx=[100] offsety=[-220] delay=[0]”>MCK
McKesson Corp. |
Jul 26/b |
3.7% |
17.1% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Mondelez International, Inc.
Confectioners | USA | 62.66B] offsetx=[100] offsety=[0] delay=[0]”>MDLZ
Mondelez International, Inc. |
Jul 31/a |
4.4% |
12.5% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Altria Group, Inc.
Cigarettes | USA | 111.59B] offsetx=[100] offsety=[-220] delay=[0]”>MO
Altria Group, Inc. |
Jul 26/b |
-1.2% |
18.8% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Merck & Co., Inc.
Drug Manufacturers – Major | USA | 167.90B] offsetx=[100] offsety=[0] delay=[0]”>MRK
Merck & Co., Inc. |
Jul 27/b |
3.9% |
2.0% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
PepsiCo, Inc.
Beverages – Soft Drinks | USA | 160.30B] offsetx=[100] offsety=[0] delay=[0]”>PEP
PepsiCo, Inc. |
Jul 10/b |
1.5% |
9.5% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
The Procter & Gamble Company
Personal Products | USA | 201.36B] offsetx=[100] offsety=[0] delay=[0]”>PG
The Procter & Gamble Company |
Jul 31/b |
3.3% |
5.9% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Philip Morris International Inc.
Cigarettes | USA | 128.39B] offsetx=[100] offsety=[-220] delay=[0]”>PM
Philip Morris International Inc. |
Jul 19/b |
9.2% |
8.8% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Royal Caribbean Cruises Ltd.
Resorts & Casinos | USA | 22.82B] offsetx=[100] offsety=[-220] delay=[0]”>RCL
Royal Caribbean Cruises Ltd. |
Jul 26/b |
6.3% |
13.5% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Starbucks Corporation
Specialty Eateries | USA | 69.28B] offsetx=[100] offsety=[-220] delay=[0]”>SBUX
Starbucks Corp. |
Jul 26/a |
10.5% |
10.9% |
F |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
AT&T Inc.
Telecom Services – Domestic | USA | 238.31B] offsetx=[100] offsety=[-220] delay=[0]”>T
AT&T Inc. |
Jul 24/a |
-1.4% |
3.8% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
United Technologies Corporation
Aerospace/Defense Products & Services | USA | 101.27B] offsetx=[100] offsety=[-220] delay=[0]”>UTX
United Technologies Corp. |
Jul 24/b |
6.6% |
-0.5% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Western Digital Corporation
Data Storage Devices | USA | 23.64B] offsetx=[100] offsety=[-220] delay=[0]”>WDC
Western Digital Corp. |
Jul 26/a |
4.7% |
19.5% |
D |
<td title="cssbody=[tabchrtbdy] cssheader=[tabchrthdr] body=[
Wells Fargo & Company
Money Center Banks | USA | 276.63B] offsetx=[100] offsety=[-220] delay=[0]”>WFC
Wells Fargo & Company |
Jul 13/b |
-2.2% |
4.7% |
D |
Sincerely,

Louis Navellier