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5 Charts To Kick Off Earnings Season

Published 10/09/2017, 06:17 AM
Updated 07/09/2023, 06:31 AM

Earnings season officially kicks off this week with the Big Banks and a handful of other bellwether names leading the charge.

While there are only about 45 names, some are the biggest names in their industry and should set a “tone” for this earnings season.

These 5 companies have solid track records of beating. Most are trading near their 5-year highs. But all should provide an indicator of what’s to come.

This earnings season is expected to be a strong one, although it may be clouded by the impact of the hurricanes. The hurricane impact will be strongest in the consumer segments of retail and restaurants.

Here’s who to watch this week:

5 Charts to Kick Off Earnings Season

1. BlackRock (NYSE:BLK) is coming off a miss last quarter but shares are trading at new 5-year highs. Just how good is the investing business with stocks at all-time highs?

2. Delta Air Lines (NYSE:DAL) also had a rare miss last quarter and shares sank on the news. Additionally, it may have seen some impacts due to the hurricanes. Will rising fuel price and capacity issues put the damper on the airlines this earnings season?

3. Fastenal (NASDAQ:FAST) has a horrendous 5-year chart. But its customers are in manufacturing, which is heating up. Can Fastenal’s stock finally break out of this zig-zag trend and move to new highs?

4. Blackhawk Network (NASDAQ:HAWK) has missed just twice since 2014. Digital gifts and payments is a hot area. Will another beat propel the shares to new highs?

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5. Domino’s (NYSE:DPZ) is the king of the restaurants. It has the highest comps in the industry. But how long can it keep up that kind of growth?

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Delta Air Lines, Inc. (DAL): Free Stock Analysis Report

Fastenal Company (FAST): Free Stock Analysis Report

BlackRock, Inc. (BLK): Free Stock Analysis Report

Blackhawk Network Holdings, Inc. (HAWK): Free Stock Analysis Report

Domino's Pizza Inc (DPZ): Free Stock Analysis Report

Original post

Zacks Investment Research

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