CHICAGO, April 23, 2012 /PRNewswire/ -- Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Conoco-Phillips (NYSE: COP), Xerox (NYSE: XRX), Eaton Corp. (NYSE: ETN), Texas Instruments (Nasdaq: TXN) and Netflix (Nasdaq: NFLX). To see more earnings analysis, visit http://at.zacks.com/?id=3207.
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Earnings Season Hits Full Throttle
We have a super-busy week coming up, with almost 900 companies coming out with results, including more than one-third of the S&P 500. By the end of next week, more than half of the S&P 500 companies will have come out with quarterly results.
While earnings will remain the primary focus during the week, we have a number of market-moving economic releases on deck, as well. For the most important economic report next week, you will have to wait till Friday morning when the first quarter 2012 GDP report will come out.
The Federal Reserve will also be in focus next week, with the FOMC announcement Wednesday afternoon after a two-day meeting. The market will be keenly watching for signs in Bernanke's press event of additional support from central bank given the recent run of 'softish' economic data.
- There is nothing on the economic calendar, but plenty on the earning front.
- Before markets open, earnings reports from Conoco-Phillips (NYSE: COP),Xerox (NYSE: XRX) and Eaton Corp. (NYSE: ETN) will set the tone for the day. TexasInstruments (Nasdaq: TXN) and Netflix (Nasdaq: NFLX) report results after the close.
Sheraz Mian is the Director of Research for Zacks.com.
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