Earnings season is coming to an end, but there are still several major companies to report. Among the nine companies listed on the Standard & Poor's 500 index that are scheduled to publish their results for the third quarter, including Home Depot and Disney. Investors will look to these results for clues about whether the post-election stock market rally can continue. So far, more than 450 S&P 500 company names have published their results. Of those, 74% beat earnings expectations, according to FactSet. Here's a breakdown of what to expect from some of the S&P 500 members scheduled to report. All times are Eastern. On Tuesday, Home Depot is scheduled to report its pre-market earnings. Call with management scheduled for 9 a.m. Q4: HD said it expects sales to weaken amid a more cautious customer. This quarter: Analysts surveyed by LSEG see a slight decline in the home improvement giant's year-over-year earnings. What CNBC is watching: UBS believes same-store sales will be weak for Home Depot, due to weak demand. “Furthermore, we believe that the continued pressure on large projects has pushed professionals to engage in smaller projects. However, novelty and innovation have likely pushed consumers to trade in certain categories, providing significant support,” analyst Michael Lasser wrote on Friday. What history shows: Data from Bespoke Investment Group shows that Home Depot has beat earnings expectations for 17 straight quarters. Live Nation Entertainment is set to report earnings before the bell, followed by a 9 a.m. call on the latest quarter: LYV reported operating income that beat expectations, while revenue was in line with estimates, according to StreetAccount. This quarter: The entertainment group is expected to report a 10% drop in profits from the same period a year earlier, LSEG data shows. What CNBC is watching: Live Nation has been the clear winner in 2024, up 31% in that time, and Morgan Stanley expects that momentum to continue. Last week, the bank raised its price target to $140 from $120, implying an upside of 13.8%. “LYV remains our preferred exposure to strong consumer demand for live events and concerts. While less stadium activity in Q3 led to a slight decline in Q3… improving outlook for '25 lifts estimates and PST,” the bank wrote. What history shows: Live Nation shares have risen after the last four earnings releases, according to Bespoke. The Walt Disney Co. on Thursday is scheduled to report premarket earnings, with a call scheduled for 8:30 a.m. Q4: DIS beat estimates, with the company's bundled streaming services turning a profit. This quarter: The media giant is expected to post earnings growth of more than 30% year over year, according to LSEG. What CNBC is watching: Guggenheim analyst Michael Morris believes the key for investors will be Disney's guidance. “Our updated FY25 estimates are 2% ahead of consensus on revenue and operating income, with the largest positive variances in content, direct-to-consumer (DTC) and experiences,” he said last month. What History Shows: Disney hasn't done well after its last two releases, losing 4.5% and 9.5%, respectively. Applied Materials is set to report earnings after the open. A call with management is scheduled for 4:30pm Q4: AMAT reported better-than-expected quarterly results. This quarter: Analysts expect slight year-over-year earnings and year-over-year revenue growth, according to LSEG data. What CNBC is watching: Applied Materials has lagged the broader semiconductor sector this year, rising more than 18%, while the VanEck Semiconductor ETF (SMH) is up 48% in that time. Could this week's report spark a catch-up trade for the stock? What history shows: Applied Materials shares have averaged a 0.8% gain on earnings days, according to Bespoke Requests.
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Disney and the home improvement giant are set to report
