Earnings Expectations for the Week of January 23

The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple AAPL, Caterpillar CAT, Chevron CVX, McDonald's MCD and Starbucks SBUX. Analysts expect them post year-over-year earnings growth. AT&T T, Boeing BA, DuPont DD, Netflix NFLX and Procter & Gamble PG are expected to report a decline in per-share earnings. Here's a day-by-day rundown of what analysts expect from some of the week's most prominent earnings reports. Monday Halliburton's HAL fourth-quarter earnings are expected to be up 31.3% from a year ago to $0.99 per share, while the full-year EPS forecast is $3.35, or 38.5% higher. Also, revenues are expected to be up more than 30% for both the quarter and the full year. Analysts have underestimated Halliburton's earnings for the past ten quarters. Analysts also are looking for increased EPS from railroads CSX CSX and Kansas City Southern KSU, as well as from Crane CR and Zions Bancorp. ZION. But tech companies Texas Instruments TXN and Western Digital WDC are expected to post earnings declines on Monday. Tuesday Apple AAPL reports fiscal first-quarter results Tuesday afternoon. The consensus forecast calls for $10.07 per share earnings. That is up from an estimate of $9.72 some 60 days ago, and from earnings of $6.43 per share in the same quarter of last year. Revenues for the quarter are anticipated to be 44.9% higher than a year ago, or $38.7 billion. See also: Did Apple Just Reinvent the Textbook Industry? Earnings from McDonald's MCD are estimated to total $1.29 per share, on revenues of $6.8 billion. That would be up from $1.16 and $6.2 billion in the same quarter of last year. Full-year earnings also are predicted to be up 12.0% to $5.24 per share and revenues 12.1% higher to $27.0 billion. Johnson & Johnson's JNJ EPS for the most recent quarter are forecast to have crept up seven cents a share from a year ago to $1.10, while revenues have risen 4.1% to $16.3 billion. Analysts underestimated per-share earnings of this health care giant in the previous three quarters. Struggling Yahoo! YHOO, which saw cofounder Jerry Yang leave the company last week, is expected to report EPS and revenue results that are essentially the same as in the fourth-quarter of last year. See also: How to Profit from the Chief Yahoo!'s Departure Verizon Communications VZ is also expected to post EPS about the same as a year ago. But earnings growth is predicted when Advanced Micro Devices AMD, Coach COH, Harley-Davidson HOG, Kimberly-Clark KMB and Peabody Energy BTU post quarterly results on Tuesday. DuPont DD and insurance giant Travelers Companies TRV are expected to say that EPS declined in the fourth quarter. Wednesday Wednesday's highlights will include fourth-quarter results from Boeing BA and Netflix NFLX. Per-share earnings for both are expected to have fallen year-over-year by more than 35%. But the aerospace giant is also expected to post revenues that are 17.2% higher, while revenues for the streaming video and DVD-by-mail provider are predicted to have risen 43.9% year-over year. Both companies have topped consensus EPS estimates in the past four quarters. See also: Airbus Leads Boeing as Top Aircraft Producer but Boeing Could Be a Better Value Lower per-share earnings are forecast for US Airways LCC as well. Oil companies ConocoPhillips COP, Hess HES, Murphy Oil MUR, Noble NE and Occidental Petroleum OXY are all scheduled to post results on Wednesday. Analysts are predicting earnings growth from each of them, between 9.8% (Hess) and 35.3% (Murphy Oil). But Conoco and Murphy are expected to say that revenues fell, while the others post higher revenues. Wednesday's other anticipated earnings winners include Automatic Data Processing ADP, E*Trade Financial ETFC, General Dynamics GD, St. Jude Medical STJ, Stanley Black and Decker SWK, United Technologies UTX and Xerox XRX. Thursday Caterpillar's CAT fourth-quarter earnings are expected to be up 15.0% year over year to $1.73 per share. The consensus forecast for full-year EPS is $6.81, or 39.1% higher. Note that Caterpillar has only fallen short of EPS estimates in one of the past six quarters. Also, revenues are expected to be up more than 25% for both the quarter and the full year. Earnings from Starbucks SBUX are estimated to total $0.48 per share, and revenues to total $3.3 billion. That would be up from $0.45 and $2.9 billion in the same quarter of the previous year. Full-year earnings are predicted to be 16.9% higher to $1.83 per share and revenues to be up 11.2% to $13.0 billion. Also forecast to post earnings growth: Bristol-Myers Squibb BMY, Colgate-Palmolive CL, Sherwin-Williams SHW, 3M MMM and Time Warner Cable TWC. AT&T's T per-share earnings for the most recent quarter are forecast to have fallen a dime from a year ago to $0.45. Revenues, though, are expected to have risen 1.9% to $31.9 billion. EPS have not fallen short of consensus expectations in the past six quarters. Analysts expect AT&T to be joined by DeVry DV, Lockheed Martin LMT, Motorola Mobility MMI and Raytheon RTN in posting declining earnings on Thursday. Friday End-of-the-week highlights include quarterly results from Chevron CVX and Procter & Gamble PG. The forecast for the former is $2.92 per share earnings (up 16.4%) and $71.1 billion in revenues (up 37.1%). The latter is expected to post $1.08 per share earnings (down 4.4%) and $22.2 billion in revenues (up 4.0%). Consensus EPS estimates for both companies have fallen over the past 90 days. Homebuilder DR Horton DHI is expected to post a profit, compared to a year-ago loss. Altria MO, Dominion Resources D, Honeywell International HON and Newell Rubbermaid NWL are anticipated to report year-over-year earnings growth as well.