Earnings to Watch: Week of October 20 – October 24, 2025
Big week ahead, with all major sectors covered
This week is loaded with cross-sector catalysts, from industrial giants and defense contractors to tech leaders, banks, and consumer staples.
The tone of earnings season shifts here: early reports have leaned resilient, but now we move into the core cycle where results from TSLA 0.00%↑, NFLX 0.00%↑, GE 0.00%↑, RTX 0.00%↑, HON 0.00%↑, and PG 0.00%↑ will set the tone for Q4 market positioning.
Industrials ( GE 0.00%↑ HON 0.00%↑ UNP 0.00%↑ LMT 0.00%↑ RTX 0.00%↑): The sector’s margins and backlogs are under pressure from supply normalization and slower defense order flow. Investors will be watching new order growth and free cash flow conversion more than EPS beats.
Tech and Semis ( TSLA 0.00%↑ LRCX 0.00%↑ INTC 0.00%↑ SAP 0.00%↑ IBM 0.00%↑): AI and chip capex sentiment dominate. Expect volatility, particularly around Tesla’s margins, Intel’s roadmap commentary, and Lam’s wafer fab guidance.
Financials and Credit ( COF 0.00%↑ BX 0.00%↑ NTRS 0.00%↑ WTFC 0.00%↑): Credit quality remains front and center. Analysts are cautious on provisions and NIM compression, but fee income recovery could surprise.
Healthcare and Pharma ( HCA 0.00%↑ SMMT 0.00%↑ BSX 0.00%↑ ELV 0.00%↑ SNY 0.00%↑): Volume normalization post-COVID is mostly priced in; the market will key in on guidance for 2026 margins and R&D efficiency.
Consumer and Staples ( PG 0.00%↑ KO 0.00%↑ PM 0.00%↑ TSCO 0.00%↑): Input costs are stabilizing, but organic volume trends matter more than FX tailwinds this quarter.
Energy and Commodities ( FCX 0.00%↑ VLO 0.00%↑ BKR 0.00%↑): With oil off recent highs, attention shifts to operating efficiency and capex discipline rather than price leverage.
By Friday, we’ll have data points from every corner of the economy — giving investors a read on whether Q4’s rally has real fundamental backing or just positioning momentum.
Here’s the full breakdown, day by day (all times are in ET):
Monday October 20
WRB 0.00%↑ (W. R. Berkley Corporation)
Earnings release: After market close
Earnings call: 5:00 PM
STLD 0.00%↑ (Steel Dynamics, Inc.)
Earnings release: After market close
Earnings call: 11:00 AM on Tuesday 21 Oct.
SMMT 0.00%↑ (Summit Therapeutics Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM
CCK 0.00%↑ (Crown Holdings, Inc.)
Earnings release: After market close
Earnings call: 9:00 AM on Tue 21 Oct.
AGNC 0.00%↑ (AGNC Investment Corp.)
Earnings release: After market close
Earnings call: 8:30 AM on Tue 21 Oct.
WTFC 0.00%↑ (Wintrust Financial Corporation)
Earnings release: After market close
Earnings call: 11:00 AM on Tue 21 Oct.
Tuesday October 21
NFLX 0.00%↑ (Netflix, Inc.)
Earnings release: 4:01 PM
Earnings call: 4:45 PM
GE 0.00%↑ (GE Aerospace)
Earnings release: Before earnings call
Earnings call: 7:30 AM
KO 0.00%↑ (The Coca-Cola Company)
Earnings release: Before earnings call
Earnings call: 8:30 AM
PM 0.00%↑ (Philip Morris International Inc.)
Earnings release: 7:00 AM
Earnings call: 9:00 AM
RTX 0.00%↑ (RTX Corporation)
Earnings release: Before earnings call
Earnings call: 8:30 AM
TXN 0.00%↑ (Texas Instruments Incorporated)
Earnings release: After market close
Earnings call: 4:30 PM
ISRG 0.00%↑ (Intuitive Surgical, Inc.)
Earnings release: After market close
Earnings call: 4:30 PM
DHR 0.00%↑ (Danaher Corporation)
Earnings release: 6:00 AM
Earnings call: 8:00 AM
COF 0.00%↑ (Capital One Financial Corporation)
Earnings release: 4:05 PM
Earnings call: Time 5:00 PM
LMT 0.00%↑ (Lockheed Martin Corporation)
Earnings release: Before market open
Earnings call: 11:00 AM
CB 0.00%↑ (Chubb Limited)
Earnings release: After market close
Earnings call: 8:30 AM on Wednesday 22 Oct.
NOC 0.00%↑ (Northrop Grumman Corporation)
Earnings release: Before market open
Earnings call: 9:30 AM
MMM 0.00%↑ (3M Company)
Earnings release: Before market open
Earnings call: 9:00 AM
ELV 0.00%↑ (Elevance Health, Inc.)
Earnings release: 6:00 AM
Earnings call: 8:30 AM
GM 0.00%↑ (General Motors Company)
Earnings release: 6:30 AM
Earnings call: 8:30 AM
NDAQ 0.00%↑ (Nasdaq, Inc.)
Earnings release: 7 AM
Earnings call: Time 8 AM
PCAR 0.00%↑ (PACCAR Inc)
Earnings release: Before market open
Earnings call: 12 PM
WCN 0.00%↑ (Waste Connections, Inc.)
Earnings release: After market close
Earnings call: 8:30 AM on Wednesday 22 Oct.
EQT 0.00%↑ (EQT Corporation)
Earnings release: After market close
Earnings call: 10:00 AM on Wednesday 22 Oct.
EFX 0.00%↑ (Equifax Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM
HAL 0.00%↑ (Halliburton Company)
Earnings release: Before earnings call
Earnings call: 9:00 AM
Wednesday October 22
TSLA 0.00%↑ (Tesla, Inc.)
Earnings release: After market close
Earnings call: 5:30 PM
SAP 0.00%↑ (SAP SE)
Earnings release: 4:05 PM
Earnings call: 5:00 PM
IBM 0.00%↑ (International Business Machines Corporation)
Earnings release: After market close
Earnings call: 5:00 PM
TMO 0.00%↑ (Thermo Fisher Scientific Inc.)
Earnings release: Before market open
Earnings call: 8:30 AM
T 0.00%↑ (AT&T Inc.)
Earnings release: Before market open
Earnings call: 8:30 AM
LRCX 0.00%↑ (Lam Research Corporation)
Earnings release: After market close
Earnings call: 5:00 PM
GEV 0.00%↑ (GE Vernova Inc.)
Earnings release: Before earnings call
Earnings call: 7:30 AM
APH 0.00%↑ (Amphenol Corporation)
Earnings release: Before market open
Earnings call: 1:00 PM
BSX 0.00%↑ (Boston Scientific Corporation)
Earnings release: Before earnings call
Earnings call: 8:00 AM
ORLY 0.00%↑ (O’Reilly Automotive, Inc.)
Earnings release: 4:30 PM
Earnings call: 11:00 AM on Thursday 23 Oct.
MCO 0.00%↑ (Moody’s Corporation)
Earnings release: Before market open (BMO)
Earnings call: 9:00 AM
BCS 0.00%↑ (Barclays PLC)
Earnings release: 2:00 AM
Earnings call: 4:30 AM
VRT 0.00%↑ (Vertiv Holdings Co)
Earnings release: Before market open
Earnings call: 11:00 AM
URI 0.00%↑ (United Rentals, Inc.)
Earnings release: After market close
Earnings call: 8:30 AM on Thursday 23 Oct.
HLT 0.00%↑ (Hilton Worldwide Holdings Inc.)
Earnings release: Before market open
Earnings call: 9:00 AM
KMI 0.00%↑ (Kinder Morgan, Inc.)
Earnings release: After market close
Earnings call: 4:30 PM
CCI 0.00%↑ (Crown Castle Inc.)
Earnings release: After market close
Earnings call: 4:30 PM
LVS 0.00%↑ (Las Vegas Sands Corp.)
Earnings release: After market close
Earnings call: 4:30 PM
WAB 0.00%↑ (Westinghouse Air Brake Technologies Corporation)
Earnings release: Before earnings call
Earnings call: 8:30 AM
Thursday October 23
TMUS 0.00%↑ (T-Mobile US, Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM
BX 0.00%↑ (Blackstone Inc.)
Earnings release: Before market open
Earnings call: 9 AM
INTC 0.00%↑ (Intel Corporation)
Earnings release: After market close
Earnings call: 5 PM
UNP 0.00%↑ (Union Pacific Corporation)
Earnings release: 7:45 AM
Earnings call: 8:45 AM
HON 0.00%↑ (Honeywell International Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM
NEM 0.00%↑ (Newmont Corporation)
Earnings release: After market close
Earnings call: 5:30 PM
LYG 0.00%↑ (Lloyds Banking Group plc)
Earnings release: 2:00 AM
Earnings call: 4:30 AM
NSC 0.00%↑ (Norfolk Southern Corporation)
Earnings release: After market close
Earnings call: 4:30 PM
DLR 0.00%↑ (Digital Realty Trust, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
FCX 0.00%↑ (Freeport-McMoRan Inc.)
Earnings release: Before market opens
Earnings call: November 2025 – TBD
ROP 0.00%↑ (Roper Technologies, Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM
VLO 0.00%↑ (Valero Energy Corporation)
Earnings release: Before market open
Earnings call: 10:00 AM
F 0.00%↑ (Ford Motor Company)
Earnings release: After market close
Earnings call: 5:00 PM
CBRE 0.00%↑ (CBRE Group, Inc.)
Earnings release: 6:55 AM
Earnings call: 8:30 AM
BKR 0.00%↑ (Baker Hughes Company)
Earnings release: 5:00 PM
Earnings call: 9:30 AM on Friday 24 Oct.
PCG 0.00%↑ (PG&E Corporation)
Earnings release: Before earnings call
Earnings call: 11:00 AM
NOK 0.00%↑ (Nokia Oyj)
Earnings release: 1:00 AM
Earnings call: 4:30 AM
TSCO 0.00%↑ (Tractor Supply Company)
Earnings release: Before market opens
Earnings call: 10:00 AM
FIX 0.00%↑ (Comfort Systems USA, Inc.)
Earnings release: After market close
Earnings call: 10:00 AM on Friday 24Oct.
STM 0.00%↑ (STMicroelectronics N.V.)
Earnings release: 3:00 AM
Earnings call: 3:30 AM
CNP 0.00%↑ (CenterPoint Energy, Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM
VRSN 0.00%↑ (VeriSign, Inc.)
Earnings release: After market close
Earnings call: 4:30 PM
DOV 0.00%↑ (Dover Corporation)
Earnings release: 7:00 AM
Earnings call: 9:30 AM
RCI 0.00%↑ (Rogers Communications Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM
Friday October 24
PG 0.00%↑ (The Procter & Gamble Company)
Earnings release: Before earnings call
Earnings call: 8:30 AM
SNY 0.00%↑ (Sanofi)
Earnings release: Before earnings call
Earnings call: 8:30 AM
HCA 0.00%↑ (HCA Healthcare, Inc.)
Earnings release: Before market open
Earnings call: 10:00 AM
GD 0.00%↑ (General Dynamics Corporation)
Earnings release: Before market
Earnings call: 9:00 AM
ITW 0.00%↑ (Illinois Tool Works Inc.)
Earnings release: 8:00 AM
Earnings call: 10:00 AM
NWG 0.00%↑ (NatWest Group plc)
Earnings release: 2:00 AM
Earnings call: 4:00 AM
E 0.00%↑ (Eni S.p.A.)
Earnings release: 7:45 AM
Earnings call: 8:00 AM
KOF 0.00%↑ (Coca-Cola FEMSA, S.A.B. de C.V.)
Earnings release: Before market opens
Earnings call: 11:00 AM
BAH 0.00%↑ (Booz Allen Hamilton Holding Corporation)
Earnings release: Before earnings call
Earnings call: 8:00 AM
This week’s reports form the inflection point for the earnings season narrative.
If industrials confirm demand resilience and tech margins hold, it reinforces the soft-landing trade. But if we see cracks in guidance, particularly from TSLA 0.00%↑, HON 0.00%↑, or PG 0.00%↑, it reopens the question of whether Q4 optimism has run too far.
By the end of the week, we’ll know whether the market is being driven by earnings strength, or just hope.
More insights from IWP:
This article is perfectly timed. Your analysis is spot on, truely insightful.
Thanks for this comprehensive earnings calendar! I'm particularly watching TSCO on Thursday morning alongside the broader consumer staples picture. Tractor Supply will be an interesting test case for whether consumer resilience in rural/suburban markets is holding up differently than urban areas. Given their product mix spanning farm equipment, pet supplies, and seasonal goods, their comps and gross margin trajectory should give good insight into discretionary spending patterns among thier core demographic. Also curious if they'll provide any commentary on the potential weather impact (as they often do) and how much of Q3's performance was driven by new store openings versus same-store sales growth. Should be a key read-through for the broader specialty retail space.