Earnings Expectations for the Week of October 24

The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar CAT, Exxon Mobil XOM, Procter & Gamble PG and United Parcel Service UPS, from which analysts expect to see year-over-year earnings growth, as well as Amazon.com AMZN, Boeing BA and Ford F, which are forecast to post lower per-share earnings. Here is a day-by-day rundown of some of the most anticipated quarterly reports of this week. Monday Third-quarter reports from Caterpillar CAT and Netflix NFLX will be among Monday's highlights. Analysts predict the heavy equipment maker will report that per-share earnings rose 21.3% from a year ago to $1.55, while revenues increased 35.0% to $15.0 billion. Netflix is forecast to post per-share earnings of $0.95, up 16.7%, and revenues that are 46.7% higher a year ago, or $811.8 million. The day's other anticipated earnings gainers include Eaton ETN, Kimberly-Clark KMB and Lorillard LO. Lower earnings are expected from Amgen AMGN and Texas Instruments TXN. Tuesday Amazon.com AMZN is on deck to report its third-quarter results Tuesday. The forecast calls for earnings of $0.24 per share and revenues of $10.9 billion. That compares to $0.51 per share and $7.5 billion in the same quarter of last year. The consensus EPS forecast has not changed in the past 60 days. Analysts expect United Parcel Service UPS, sometimes considered a bellwether of the wider economy, to report that per-share earnings rose 11.4% from a year ago to $1.05. Revenues are forecast to have increased 8.1% to $13.2 billion. UPS has topped consensus EPS estimates in the past eight quarters. U.S. Steel X also reports on Tuesday and is expected to post its second consecutive profitable quarter. Earnings growth is also expected from Broadcom BRCM, Coach COH, DuPont DD, Reynolds American RAI, Sherwin-Williams SHW, T. Rowe Price TROW and Xerox XRX. Per-share earnings are expected to have declined at DeVry DV, Molex MOLX and Peabody Energy BTU. Wednesday Aerospace will be the focus on Wednesday, with Boeing BA, Lockheed Martin LMT and Northrop Grumman NOC due to release third-quarter results. While Boeing's per-share earnings are forecast to have slipped three cents from a year ago, those of the other two companies are expected to have increased by at least 10%. On the other hand, revenues are expected to have fallen 21.7% year-over-year in Northrop Grumman's case, but to have risen marginally for the other two. Note that all three companies have topped earnings expectations in the past few quarters. Ford F is also scheduled to report its third-quarter results Wednesday. The forecast calls for earnings of $0.45 per share and revenues of $29.9 billion. That compares to EPS of $0.48 on $26.7 billion in sales in the year-ago quarter. Ford has fallen short of consensus EPS estimates in just one of the past eight quarters. Aflac AFL, Automatic Data Processing ADP, ConocoPhillips COP, Dr Pepper Snapple DPS, General Dynamics GD, Norfolk Southern NSC, O'Reilly Automotive ORLY, Visa V and Wynn Resorts WYNN are among those expected to report earnings growth. Lower earnings are predicted from American Electric Power AEP, Corning GLW, Novellus NVLS and WellPoint WLP. And Spring Nextel S is expected to post another net loss. Thursday Analysts anticipate that per-share earnings from Exxon Mobil XOM will have surged 32.4% year-over-year to $2.13, but that EPS from Procter & Gamble PG will be just a penny per share higher to $1.03. Revenues for the petrochemical giant are expected to be up 19.2% from a year ago, and that those of the Cincinnati-based consumer goods producer will be 7.1% higher. In the past 60 days, Exxon's EPS estimate has fallen three cents, but Procter & Gamble's is unchanged. Among the many companies expected to post higher earnings on Thursday are Aetna AET, Avon AVP, Cardinal Health CAH, Coca-Cola Enterprises CCE, Colgate-Palmolive CL, Dow Chemical DOW, Hershey HSY, MetLife MET, Starwood Hotels HOT, Time Warner Cable TWC and Waste Management WM. Earnings are predicted to be lower for Bristol-Myers Squibb BMY, International Paper IP, Motorola Solutions MSI and Raytheon RTN. And video game maker Electronic Arts ERTS and home builder Pulte Group PHM are expected to post net losses for the quarter. Friday Analysts expect solid to strong results from Chevron CVX, Merck MRK and Whirlpool WHR to end the week. Chevron's EPS are forecast to be 45.6% higher, Merck's to be up 6.6% and Whirlpool's to be 21.8% higher. Revenue growth is anticipated for all three as well, a jump of 39.9% for Chevron. Also look for Biogen Idec BIIB, Constellation Energy CEG, Goodyear GT and Newmont Mining NEM to reported earnings growth on Friday. Earnings from Cablevision CVC and Dominion Resources D are expected to be lower.