Week Ahead: Earnings in Full Swing as More Big Banks Report
We'll get updates from Bank of America, Goldman Sachs, Morgan Stanley, Netflix, Visa, GE, and more.
Welcome to The Week Ahead.
Earnings will be in full swing over the next few days.
After mostly better-than-expected results from the first wave of banks, we'll get updates from Bank of America, Goldman Sachs, and Morgan Stanley.
Netflix reports on Monday. The firm ended 2016 with strong subscriber growth and that may have continued into 2017, but analyst Neil Macker thinks shares are significantly overvalued today.
Wide-moat, 4-star rated Visa reports on Thursday; we will be looking for an update on how the integration of Visa Europe is moving along.
Other earnings on tap include General Electric, Verizon, CSX, and eBay.
Housing data, including starts, permits, and existing sales will be a highlight along with an industrial production reading.
Stay tuned to Morningstar for our take on these stories.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.