Earnings Expectations for the Week of July 22 (AAPL, GM, MCD, NFLX)

The earnings crunch continues this week. Reports are due from the likes of Apple AAPL, Caterpillar CAT and General Motors GM, which are expected to say their earnings were lower than a year ago. On the other hand, Amazon.com AMZN, Facebook FB, Ford F, McDonald's MCD, Netflix NFLX, UPS UPS and many others are forecast to post year-over-year earnings growth. The following is a day-by-day rundown of what analysts expect from some of the most prominent of the week's many quarterly reports. See also: Weekly Preview: Earnings Season Kicks into Hyperdrive Monday First thing Monday morning comes the second-quarter report from McDonald's MCD. Analysts are looking for revenue that rose less than three percent to $7.09 billion and net income that is more than five percent higher than a year ago and works out to $1.40 per share. Then after the markets close, Netflix NFLX is expected to report that EPS came to $0.40 in the second quarter, while revenue totaled $1.07 billion. That would be up from $0.11 per share and $889.16 million in the same period of last year. Gannett GCI, Hasbro HAS and Kimberly-Clark KMB are also on deck Monday and expected to offer up earnings growth. But analysts are looking for lower EPS from Halliburton HAL and Texas Instruments TXN. Tuesday Apple AAPL and United Parcel Service UPS both step into the earnings spotlight Tuesday. The second-quarter earnings forecast for the former calls for $7.31 per share on revenue on $35.09 billion, compared with $9.32 per share and $35.02 billion in the year-ago period. Analysts believe that ostensible economic bellwether UPS will say before the opening bell that its per-share earnings came to $1.13, on $13.59 billion in revenue. That would compare to $1.15 per share and $13.35 billion in the same period of last year. DuPont DD, Freeport McMoRan FCX, Lockheed Martin LMT and United Technologies UTX also are expected to report annual earnings declines on Tuesday. But a rise in per-share earnings is anticipated from Altria MO, AT&T T, Discover Financial Services DFS and Travelers Companies TRV. Wednesday Wednesday's highlights will include reports from Facebook FB and Ford F. They are projected to report per-share earnings of $0.14 and $0.37, respectively. That would be up more than 14 percent for the former and about 19 percent for the latter. Revenue for the social media giant is expected to have surged more than 36 percent year-over-year to $1.62 billion, while that of the Big Three automaker's is more than 12 percent higher to $35.24 billion. Look for Ford's report before the markets open, and Facebook's later in the day. Also before the opening bell, Caterpillar CAT is expected to say that its EPS came to $1.70 in the second quarter, while revenue fell to $14.97 billion. That would be down from $2.54 per share and $17.37 billion in the same period of last year. Analysts are looking for earnings growth from Boeing BA, Eli Lilly LLY, PepsiCo PEP, Visa V and Wynn Resorts WYNN. But General Dynamics GD, Northrop Grumman NOC and Seagate Technology STX are expected to say that EPS were lower than a year ago. Thursday General Motors GM is scheduled to step on to the earnings stage Thursday. Analysts are looking for second-quarter revenue that rose about two percent to $38.37 billion, as well as EPS that fell more than 16 percent from a year ago to $0.75 per share. Late in the day, Amazon.com AMZN is expected to say that earnings came to $0.06 in its second quarter, while revenue totaled $15.74 billion. That would be up from $0.01 per share and $12.83 billion in the same period of last year. The day's other anticipated earnings gainers include Colgate-Palmolive CL, Dow Chemical DOW, Harley-Davidson HOG, Hershey HSY, Starbucks SBUX, Southwest Airlines LUV and 3M MMM. But Bristol-Myers Squibb BMY and Raytheon RTN are predicted to say that their quarterly earnings declined, relative to a year ago. Friday Newell Rubbermaid NWL, Stanley Black & Decker SWK and Weyerhaeuser WY are set to share their results at the end of the week. Analysts expect to see year-over-year EPS growth from all three. But the forecasts for Kohlberg Kravis Roberts KKR and Tyco International call for lower EPS for the most recent quarters.