The fourth-quarter earnings season kicks off over the next week with reports from more than 100 companies in the S&P 500.
Here’s a rundown of what to expect from some of the most prominent names set to publish financial results.
Microsoft
Microsoft Corp. (MSFT) – Request report is expected to report adjusted net income of $ 12.4 billion, or $ 1.64 per share, on revenues of $ 40.2 billion after market close on Tuesday, based on a FactSet survey of 29 analysts.
During the same period a year ago, the company posted a profit of $ 1.51 per share on sales of $ 36.9 billion. It reported net income of $ 10.7 billion.
The stock is up 5.5% since the company last reported earnings on Oct. 27.
In the next quarter, analysts forecast adjusted net income of $ 12 billion, or $ 1.58 per share, on revenue of $ 38.7 billion.
For the year, analysts expect revenue of $ 158.3 billion.
Microsoft is a holding company in Jim Cramer’s Action Alerts PLUS member club.
Starbucks
Starbucks Corp. (SBUX) – Request report is expected to report net income of $ 659 million, or 55 cents a share, on revenues of $ 6.9 billion after market close on Tuesday, based on a FactSet poll of 31 analysts.
In the same period a year ago, the company posted a profit of 79 cents a share on sales of $ 7.1 billion. It reported net income of $ 802.9 million.
The company offered an advisory of $ 0.50 – 0.55 per share on Oct. 30. Since then, shares have risen 20.3%.
For the next quarter, analysts forecast net profit of $ 704.2 million, or 59 cents a share, on revenue of $ 6.7 billion.
Analysts expect revenue of $ 28.5 billion for the year.
Starbucks is a holding company in Jim Cramer’s Action Alerts PLUS member club.
Apple
Apple inc. (AAPL) – Request report is expected to report adjusted net income of $ 24.5 billion, or $ 1.41 per share, on revenues of $ 102.8 billion after market close on Wednesday, based on a FactSet survey of 34 analysts.
During the same period a year ago, the company posted a profit of $ 1.25 per share on sales of $ 91.8 billion. It reported net income of $ 13.7 billion.
The stock is up 18.7% since the company’s last profit on Oct. 29.
In the next quarter, analysts forecast adjusted net income of $ 15 billion, or 90 cents a share, on revenue of $ 73.6 billion.
Analysts expect revenue of $ 318.7 billion for the year.
Apple is a holding company in Jim Cramer’s Action Alerts PLUS member club.
Tesla
Tesla Inc. (TSLA) – Request report is expected to report net profit of $ 1 billion, or $ 1.04 per share, on revenues of $ 10.5 billion after market close on Wednesday, based on a FactSet poll of 22 analysts.
During the same period a year ago, the company posted a profit of 42.8 cents per share on sales of 7.4 billion dollars. It reported a net profit of $ 143 million.
The stock is up 99.9% since the company last reported earnings on Oct. 21.
For the next quarter, analysts forecast net profit of $ 939.8 million, or 75 cents a share, on revenue of $ 10.3 billion.
Analysts forecast full-year sales of $ 31.1 billion.
Facebook, Inc. (FB) – Request report is expected to report adjusted net income of $ 9.6 billion, or $ 3.18 per share, on revenues of $ 26.3 billion after market close on Wednesday, based on a FactSet survey of 43 analysts.
During the same period a year ago, the company posted a profit of $ 2.56 per share on sales of $ 21.1 billion. It reported net income of $ 6.1 billion.
The stock is down 2.8% since the company last reported earnings on Oct. 29.
In the next quarter, analysts forecast adjusted net income of $ 6.4 billion, or $ 2.10 per share, on revenue of $ 22.4 billion.
For the year, analysts forecast revenue of $ 84.2 billion.
Facebook is a Jim Cramer’s company Action Alerts PLUS member club.