Earnings week

We have earnings this week coming from 6 DOW + 1 EX-DOW components:

• Johnson & Johnson (Tuesday before the bell)
  
• Intel Corporation (Tuesday after the close)
• JPMorgan Chase & Co. (Wednesday before the bell)
  
• International Business Machines (Thursday)
  
• Citigroup Inc. (Thursday) (it's no longer a DOW component, but that is still a recent change!)
• Bank of America Corporation (Friday before the bell)
  
• General Electric Co. (Friday)
  

Johnson & Johnson (NYSE: JNJ) is set to report earnings Tuesday morning. Consensus estimates are $1.13 EPS and $15.18 billion in revenues, while Q4 consensus is $0.98 EPS on $15.51 billion in revenues. Since the end of June this is up almost 9% and since the March 9 close this is up 34%.

Intel Corporation (NASDAQ: INTC) reports Tuesday after the close and is the first of the tech giants to report. Estimates are $0.27 EPS and $9.02 billion in revenues; next quarter estimates are $0.34 EPS on $9.5 billion in revenues. Since the end of June this is up 22.5% and since the March 7 close this is up 63%.

JPMorgan Chase & Co. (NYSE: JPM) reports earnings on Wednesday morning and is effectively the first of the banking giants on deck. Estimates are $0.49 EPS and $24.8 billion. Since the end of June this is up almost 34% and since the March 9 close this is up 187%.

International Business Machines (NYSE: IBM) is also on deck Thursday and is expected to post $2.38 EPS and $23.37 billion in revenues. Estimates for next quarter are $3.38 EPS and $26.68 billion in revenues. The backlog is paramount and was listed as $132 billion at actual rates on June 30 compared to $126 billion on March 31. Since the end of June this is up 20% and since the March 9 close this is up 51%.

Citigroup Inc. (NYSE: C) is up for earnings on Thursday. It is no longer a DJIA component, but many still consider it a key stock as it is routinely the most active bank stock by far. Estimates are -$0.21 EPS as of today. Since the end of June this is up 55% and since the March 9 close this is up over 300%.

Bank of America Corporation (NYSE: BAC) is reporting on Friday morning. The Ken Lewis departure makes getting too bold a hard task here, but shares have held their own. Estimates are currently -$0.06 EPS on about $27.5 billion in revenues. Since the end of June this is up 32% and since the March 9 close this is up over 300%.

General Electric Co. (NYSE: GE) will be the first company that gives us a broad read across many industries next Friday. We have consensus estimates at $0.20 EPS on about $40 billion in revenues. GE no longer likes to offer detailed guidance, but estimates for Q4 are $0.24 EPS and $42.58 billion in revenues. GE Capital is the likely focus here as investors are going to be looking for continued profit discussions. Since the end of June this is up 39% and since the March 9 close this is up 122%.