Earnings to Watch: Week of October 27–31, 2025
Microsoft, Apple, Amazon, and Meta headline a pivotal earnings week packed with oil majors, financials, and health care leaders
The final week of October brings one of the heaviest earnings calendars of the quarter, spanning Big Tech, global energy, financials, and healthcare. This week will set the tone for Q4 positioning as investors weigh slowing growth, mixed inflation data, and tightening financial conditions against resilient corporate profits.
Big Tech: Microsoft MSFT 0.00%↑, Alphabet GOOG 0.00%↑ GOOGL 0.00%↑, and Meta META 0.00%↑ report back-to-back Wednesday, followed by Apple AAPL 0.00%↑ and Amazon AMZN 0.00%↑ Thursday. Together, these five names represent nearly $15 trillion in market cap and control both index direction and sentiment. Look out for AI monetization: Azure, Gemini, and Meta’s Llama ecosystem updates. Consumer resilience: iPhone and AWS demand signals ahead of the holiday quarter. Ad growth normalization: Google vs. Meta trend lines.
Energy Giants: Exxon XOM 0.00%↑, Chevron CVX 0.00%↑, and Shell SHEL 0.00%↑ wrap up the week, reporting amid crude volatility and widening spreads between WTI and Brent. Margins and capex discipline are the focus as markets test whether OPEC+ cuts are sustaining profits despite softer demand forecasts. Refining and LNG updates could swing both energy equities and inflation narratives into November CPI.
Financials and Payments: Visa V 0.00%↑, Mastercard MA 0.00%↑, and PayPal PYPL 0.00%↑ open the week with a read on consumer spending momentum and cross-border volume recovery. Look for guidance around digital wallet integration and how credit volumes are holding up under higher rates. Insurance ( HIG 0.00%↑, ACGL 0.00%↑ ) and REITs ( WELL 0.00%↑ ) round out a quieter start to the week, which is important for gauging risk appetite outside Tech.
Healthcare & Pharma: Eli Lilly LLY 0.00%↑, AbbVie ABBV 0.00%↑, and Merck MRK 0.00%↑ will give crucial insight into drug pipeline strength and GLP-1 leadership. Cigna CI 0.00%↑ and UnitedHealth UNH 0.00%↑ add managed-care clarity as utilization and pricing trends diverge post-pandemic. Any beats or upward guidance from LLY 0.00%↑ could reignite the obesity-drug trade, a key theme of 2025.
Industrials & Defensives: Boeing BA 0.00%↑, Dominion D 0.00%↑, and Nucor NUE 0.00%↑ report alongside Stryker SYK 0.00%↑ and Colgate CL 0.00%↑, giving a pulse on industrial activity, consumer staples, and capex trends. This group will help test whether the U.S. economy’s soft-landing narrative still holds.
Here’s the full breakdown, day by day (all times are in ET):
Monday October 27:
WELL 0.00%↑ (Welltower Inc.)
Earnings release: After market close
Earnings call: 9:00 AM (Tue Oct 28)
CDNS 0.00%↑ (Cadence Design Systems, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
WM 0.00%↑ (Waste Management, Inc.)
Earnings release: After market close
Earnings call: 10:00 AM (Tue Oct 28)
NXPI 0.00%↑ (NXP Semiconductors N.V.)
Earnings release: After market close
Earnings call: 8:00 AM (Tue Oct 28)
HIG 0.00%↑ (The Hartford Insurance Group, Inc.)
Earnings release: 4:15 PM
Earnings call: 9:00 AM (Tue Oct 28)
ACGL 0.00%↑ (Arch Capital Group Ltd.)
Earnings release: After market close
Earnings call: 10:00 AM (Tue Oct 28)
NUE 0.00%↑ (Nucor Corporation)
Earnings release: After market close
Earnings call: 10:00 AM (Tue Oct 28)
KDP 0.00%↑ (Keurig Dr Pepper Inc.)
Earnings release: Before market open
Earnings call: 8:00 AM
CLS 0.00%↑ (Celestica Inc.)
Earnings release: Before market open
Earnings call: 8:00 AM
Tuesday October 28:
V 0.00%↑ (Visa Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
UNH 0.00%↑ (UnitedHealth Group Incorporated)
Earnings release: Before market open
Earnings call: 8:00 AM
NVS 0.00%↑ (Novartis AG)
Earnings release: Before market open
Earnings call: 9:00 AM
HSBC 0.00%↑ (HSBC Holdings plc)
Earnings release: 12 AM
Earnings call: 3:45 AM
$BNP (BNP Paribas SA)
Earnings release: 2:00 AM
Earnings call: 9:00 AM
NEE 0.00%↑ (NextEra Energy, Inc.)
Earnings release: Before market open
Earnings call: 9:00 AM
BKNG 0.00%↑ (Booking Holdings Inc.)
Earnings release: 4:00 PM
Earnings call: 4:30 PM
UPS 0.00%↑ (United Parcel Service, Inc.)
Earnings release: 6:00 AM
Earnings call: 8:30 AM
PYPL 0.00%↑ (PayPal Holdings, Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM
REGN 0.00%↑ (Regeneron Pharmaceuticals, Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM
MSCI 0.00%↑ (MSCI Inc.)
Earnings release: Before market open
Earnings call: 11:00 AM
Wednesday October 29:
MSFT 0.00%↑ (Microsoft Corporation)
Earnings release: After market close
Earnings call: 5:30 PM
GOOG 0.00%↑ (Alphabet Inc.)
Earnings release: After market close
Earnings call: 5:30 PM
META 0.00%↑ (Meta Platforms, Inc.)
Earnings release: After market close
Earnings call: 4:30 PM
BA 0.00%↑ (The Boeing Company)
Earnings release: Before market open
Earnings call: 10:30 AM
VZ 0.00%↑ (Verizon Communications Inc.)
Earnings release: 6:30 AM
Earnings call: 8:30 AM
KLAC 0.00%↑ (KLA Corporation)
Earnings release: After market close
Earnings call: 5:00 PM
SAN 0.00%↑ (Banco Santander, S.A.)
Earnings release: Before earnings call
Earnings call: 5:00 AM
UBS 0.00%↑ (UBS Group AG)
Earnings release: 1:45 AM
Earnings call: 4:00 AM
ADP 0.00%↑ (Automatic Data Processing, Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM
MELI 0.00%↑ (MercadoLibre, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
CVS 0.00%↑ (CVS Health Corporation)
Earnings release: Before earnings call
Earnings call: 8:00 AM
SBUX 0.00%↑ (Starbucks Corporation)
Earnings release: After market close
Earnings call: 4:15 PM
GSK 0.00%↑ (GSK plc)
Earnings release: 3:00 AM
Earnings call: 7:00 AM
DB 0.00%↑ (Deutsche Bank Aktiengesellschaft)
Earnings release: Before earnings call
Earnings call: 6:00 AM
CMG 0.00%↑ (Chipotle Mexican Grill, Inc.)
Earnings release: 4:10 PM
Earnings call: 4:30 PM
Thursday October 30:
AAPL 0.00%↑ (Apple Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
LLY 0.00%↑ (Eli Lilly and Company)
Earnings release: Before market open
Earnings call: 10:00 AM
AMZN 0.00%↑ (Amazon.com, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
MA 0.00%↑ (Mastercard Incorporated)
Earnings release: Before market open
Earnings call: 9:00 AM
MRK 0.00%↑ (Merck & Co., Inc.)
Earnings release: Before market open
Earnings call: 9:00 AM
SHEL 0.00%↑ (Shell plc)
Earnings release: 3:00 AM
Earnings call: 10:30 AM
GILD 0.00%↑ (Gilead Sciences, Inc.)
Earnings release: After market close
Earnings call: 4:30 PM
SPGI 0.00%↑ (S&P Global Inc.)
Earnings release: 7:15 AM
Earnings call: 8:30 AM
SYK 0.00%↑ (Stryker Corporation)
Earnings release: 4:05 PM
Earnings call: 4:30 PM
TTE 0.00%↑ (TotalEnergies SE)
Earnings release: 2:00 AM
Earnings call: 7:00 AM
BUD 0.00%↑ (Anheuser-Busch InBev SA/NV)
Earnings release: 2:00 AM
Earnings call: 9:00 AM
BBVA 0.00%↑ (Banco Bilbao Vizcaya Argentaria, S.A.)
Earnings release: Before earnings call
Earnings call: 3:30 AM
RBLX 0.00%↑ (Roblox Corporation)
Earnings release: Before earnings call
Earnings call: 8:30 AM
MSTR 0.00%↑ (MicroStrategy Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
CI 0.00%↑ (The Cigna Group)
Earnings release: 6:30 AM
Earnings call: 8:30 AM
HWM 0.00%↑ (Howmet Aerospace Inc.)
Earnings release: 7:00 AM
Earnings call: 10:00 AM
NET 0.00%↑ (Cloudflare, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
MSI 0.00%↑ (Motorola Solutions, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
COIN 0.00%↑ (Coinbase Global, Inc.)
Earnings release: After market close
Earnings call: 5:30 PM
BIIB 0.00%↑ (Biogen Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM
Z 0.00%↑ (Zillow Group, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM
SIRI 0.00%↑ (Sirius XM Holdings Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM
Friday October 31:
XOM 0.00%↑ (Exxon Mobil Corporation)
Earnings release: Before market open
Earnings call: 9:30 AM
ABBV 0.00%↑ (AbbVie Inc.)
Earnings release: Before market open
Earnings call: 9:00 AM
CVX 0.00%↑ (Chevron Corporation)
Earnings release: Before market open
Earnings call: 11:00 AM
LIN 0.00%↑ (Linde plc)
Earnings release: 6:00 AM
Earnings call: 9:00 AM
AON 0.00%↑ (Aon plc)
Earnings release: 6:30 AM
Earnings call: 8:30 AM
CL 0.00%↑ (Colgate-Palmolive Company)
Earnings release: Before earnings call
Earnings call: 8:30 AM
CNI 0.00%↑ (Canadian National Railway Company)
Earnings release: Before earnings call
Earnings call: 8:30 AM
D 0.00%↑ (Dominion Energy, Inc.)
Earnings release: Before earnings call
Earnings call: 11:00 AM
IMO 0.00%↑ (Imperial Oil Limited)
Earnings release: Before earnings call
Earnings call: 11:00 AM
This week compresses core sectors of the S&P 500 into five trading days.
Big Tech and Energy could drive short-term volatility, but the deeper signal lies in earnings breadth, and whether profits are broadening beyond megacaps.
Bond yields remain elevated, and if forward guidance weakens, expect multiple compression to accelerate into November. Conversely, strong tech results combined with margin stability in Energy and Health Care could trigger another rotation into growth and cyclicals.
October’s final earnings stretch will test whether the soft-landing narrative still has legs. AI-driven margin expansion, consumer resilience, and disciplined capex remain the key pillars of the bull case. Misses from any of the “Big Five” could break market rhythm, while beats from XOM 0.00%↑ LLY 0.00%↑ or V 0.00%↑ could reinforce the idea that earnings power, not policy, is driving this market.
All eyes on Wednesday and Thursday: tech holds the trigger, energy pulls the weight, and financials anchor sentiment.
More insights from IWP:
Excellent timing overview for this earnings week. COIN's Thursday aftermarket report at 5:30 PM should be fascinating given the crypto volatility we've seen this quarter. With regulatory clarity improving and trading volumes fluctuating wildly, their guidance on transaction revenue and custodial assets will be key. The fact that they're reporting alongside AAPL and AMZN could mean less immediate attention, but the fundamentals around cyrpto adoption and their diversification beyond pure trading fees deserve focus. Thanks for the detailed calendar!
Really apreciate the comprehensive breakdown of earnings across sectors this week. The HWM call timing at 10:00 AM Thursday could be particularly interesting given the aerospace sector's exposure to both commercial and defense cycles. Your point about earnings breadth beyond megacaps is spot on - industrial names like Howmet could offer clues on capex momentum that the market is overlooking.