Earnings season is over, but there are still some major names to report, which could provide insight into consumer health. Only seven S&P 500 names are scheduled to publish their quarterly numbers, including Home Depot and Walmart. Overall, 92% of S&P 500 companies have already reported results, with nearly 80% of those beating expectations, according to FactSet. Take a look at CNBC Pro's breakdown of what to expect from some of this week's key reports. All times are Eastern. On Tuesday, Home Depot is scheduled to report earnings before the bell. Also scheduled for a 9 a.m. call on Q4: HD reported better-than-expected earnings and revenue despite consumers taking on smaller home improvement projects. This quarter: The home improvement giant's profits are expected to decline more than 5% compared to the same period last year. What CNBC is watching: Home Depot has struggled this year, hovering around the flat line. Are the company's upcoming numbers able to pull the stock out of chaos? “HD shares face the triple whammy of interest rate surplus, deal dilution and still negative corporate trends,” Wells Fargo analyst Zachary Vadim wrote. “But first-quarter results could spur relief amid gradual comp improvement.” What history shows: Home Depot has earned earnings that beat estimates 87% of the time, according to Bespoke Investment Group. The stock has also risen on three of the last four earnings days. Cisco Systems is scheduled to report earnings after the close on Wednesday. Management scheduled for a call at 4:30 p.m. Q4: Cisco posted fiscal Q2 results that beat expectations. The company also said it would lay off 5% of its workforce. This quarter: Analysts surveyed by LSEG expect double-digit earnings and declining revenue from the legacy tech giant. What CNBC is watching: Cisco shares are down about 5% year to date, making its valuation “inexpensive” in the near term, according to JPMorgan. However, analyst Samik Chatterjee said the company's medium to long-term earnings outlook is weak, which could be reflected in this upcoming report. “A significant portion of Cisco's product revenue is accounted for by Campus Networking, including Switches and WLANs, which saw a significant spike in demand post-pandemic. With a recently refreshed installed base, the Campus market is now in a correction mode,” he wrote. What history shows: Cisco shares rose after the last six earnings releases, Bespoke data shows. Walmart is scheduled to report its premarket earnings Thursday, followed by a call at 8 a.m. Q4: Walmart's earnings beat analyst estimates, thanks to rising e-commerce sales. This quarter: Analysts expect mid-single-digit earnings and revenue growth from the retail giant, according to LSEG. What CNBC is watching: Walmart's strong momentum is expected to continue in its fiscal first quarter, according to Bank of America analyst Robert Ohms. “We see WMT's gross margin expansion continuing as increased contributions from higher-margin revenue streams (digital advertising, third-party marketplace, and fulfillment services) help offset continued headwinds from the hybrid shift (with higher-margin general merchandise sales continuing to lag grocery and health/ Wellness)),” the analyst said in a note on Friday. What history shows: Walmart has exceeded final expectations 71% of the time, according to Bespoke. However, shares have fallen on two of the past three earnings days.
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Your guide to a key week of reporting, including WMT
