Big Earnings Reports Still to Come

Disney (NYSE: DIS) and Priceline.com (NASDAQ: PCLN) report earnings after the bell today – part of one last busy week of second-quarter earnings before the season comes to a close.

Natural gas giant Chesapeake Energy (NYSE: CHK) released its earnings earlier this morning, its stock rising more than 9% today after reporting that its income doubled in the second quarter.  

MGM Resorts (NYSE: MGM) also reported strong earnings this morning, helping push the S&P 500 index above the 1,400 for the first time since early May.

The NASDAQ was the day’s fastest rising index, gaining a full percentage point to eclipse 3,000 points – also a first since May.

All told, 65% of companies that have reported this earnings season have beaten expectations. According to Capital IQ, about 40% of companies that have reported have achieved double-digit earnings growth.

We’ll see if the remaining companies can close out this earnings season in style. Here is a look at the big names set to announce earnings this week, starting with this afternoon’s reports:

Tuesday

  • Disney (DIS)
  • Priceline.com (PCLN)
  • Express Scripts (NASDAQ: ESRX)

Wednesday

  • DISH Network (NASDAQ: DISH)
  • Gold Resource Corp. (NYSE: GORO)
  • Macy’s (NYSE: M)
  • News Corp. (NASDAQ: NWSA)

Thursday

  • Wendy’s (NASDAQ: WEN)

Friday

  • JC Penney (NYSE: JCP)
Published by Wyatt Investment Research at