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Weekly Earnings Calendar: Facebook Faces the Music

Posts by Ian Wyatt

McDonald’s (NYSE: MCD) kicked off another busy earnings week this morning, and the numbers weren’t great.

Profits at the world’s largest fast-food chain fell 4.5% in the second quarter despite 3.7% growth in same-store sales. However, that growth pales in comparison to the 7.3% sales increase the company saw in the first quarter.

The slower growth has translated to a 2.5% drop in McDonald’s shares this morning.

So it was an inauspicious start to the earnings week – at least if you were a blue-chip stock. Numerous other big-name companies are scheduled to report earnings this week. None will be more anticipated than Facebook (Nasdaq: FB).

The social network will report second-quarter earnings on Thursday – the first quarterly glimpse at the company’s balance sheet since it went public on May 18.

Given Facebook’s well-documented post-IPO struggles, its first public earnings report could – for better or worse – be a turning point for the stock.

Here are a few of this week’s other highly anticipated earnings reports:

Monday

  • Texas Instruments (Nasdaq: TXN)

Tuesday

  • Altria (NYSE: MO)
  • AT&T (NYSE: T)
  • NFLX (Nasdaq: NFLX)
  • Under Armour (NYSE: UA)

Wednesday

  • Caterpillar (NYSE: CAT)
  • ConocoPhillips (NYSE: COP)
  • Eli Lilly (NYSE: LLY)
  • Ford (NYSE: F)
  • Pepsico (NYSE: PEP)
  • Visa  (NYSE: V)
  • Whole Foods (Nasdaq: WFM)
  • Zynga (Nasdaq: ZNGA)

Thursday

  • Amazon (Nasdaq: AMZN)
  • Exxon (NYSE: XOM)
  • Facebook (FB)
  • Starbucks (Nasdaq: SBUX)

Friday

  • Newmont Mining (NYSE: NEM)