This Week’s Key Earnings Reports

July 20, 2008

Hickey and Walters (Bespoke) submit:

This week is another busy earnings week. Below we highlight key companies expected to report from July 21st through the 25th. For each company, we provide the current earnings per share estimate and change in that estimate over the last month. We also provide each stock’s historical beat rate based on earnings reports going back to 2001 as well as the average one-day change in reaction to earnings.

Probably the biggest names reporting this week are Apple (AAPL), Caterpillar (CAT), Boeing (BA), Wachovia (WB) and AT&T (T). Apple kicks things off on Monday after the close. Historically, Apple has averaged a change of 1.61% on report days and beaten earnings estimates 85% of the time. Expectations are always high, so anything less than a beat for Apple will not be taken well.

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