Earnings to Watch: Week of April 13 to April 17, 2026
Banks open the week, setting the tone for the economy in Q1 2026. Goldman’s already reported. Semis follow, and Netflix and Pepsi close it. This is a macro read on credit, capex, and consumer demand.
This week is front-loaded with information that matters well beyond individual names.
It’s not just earnings.
It’s a full read on credit conditions, AI demand, and consumer strength
Goldman Sachs has already kicked off the tone.
$17.23 billion in net revenues, $5.63 billion in net earnings, diluted EPS of $17.55, and a 19.8% ROE, with particularly strong results in Global Banking & Markets. Investment banking fees rose 48% YoY and equities revenue hit a record, which tells us capital markets are open, trading activity is healthy, and corporate clients are still transacting despite a more volatile backdrop.
At the same time, Goldman’s provision for credit losses rose to $315 million, and both standardized and advanced CET1 ratios moved lower QoQ, a reminder that strong activity does not mean risk has disappeared.
That matters for the economy because it suggests capital markets are functioning well, client activity remains healthy, and corporate dealmaking and financing have not frozen up despite volatility. But the rise in credit loss provisions are an important counterweight. They tell us that while activity is strong, risk is building underneath the surface and balance sheet discipline still matters.
That’s why this week is important. The banks will tell us whether credit conditions are stable and whether loan demand is improving. ASML and TSM will tell us if the semiconductor and AI capex cycle is still intact. Netflix will help frame consumer willingness to pay for premium digital services. Industrials, transport, payments, asset managers, insurers, and consumer staples round out the picture.
Taken together, this is less about isolated beats and misses and more about what management teams reveal on confidence, spending, pricing power, and balance sheet risk.
Here is the full week’s schedule and how to think about each day:
Monday April 13
Today is a soft opening on paper, but an important one in practice because it starts with finance and industrial distribution.
Goldman has already given the first major signal of the week. Strong investment banking and record equities financing suggest institutional activity stayed healthy through the quarter, which is a constructive read for market liquidity and fee pools across the banking complex. But higher provisions and lower capital ratios temper the message and keep the focus on credit discipline rather than pure optimism.
Fastenal matters because it is often one of the earliest operational reads on U.S. industrial activity. Watch daily sales growth, manufacturing customer commentary, pricing, and inventory behavior. If Fastenal sounds cautious, it usually means the real economy is still uneven beneath the surface. If volumes improve, it supports the case that industrial demand is stabilizing.
GS 0.00%↑ (The Goldman Sachs Group, Inc.)
Earnings release: 7:30 AM ET
Earnings call: 9:30 AM ET
FAST 0.00%↑ (Fastenal Company)
Earnings release: 7:00 AM ET
Earnings call: 10:00 AM ET
FBK 0.00%↑ (FB Financial Corporation)
Earnings release: After market close
Earnings call: 9:00 AM ET on Tuesday April 14
Tuesday April 14
Tuesday is the true opening bell for the week. This is a bank-heavy session with a healthcare anchor and a few useful consumer and retail reads.
JPMorgan, Citigroup, Wells Fargo, and BlackRock together tell us a lot about the state of the economy.
JPM is the broadest macro proxy of the group. Investors will focus on net interest income, deposit costs, credit card delinquencies, investment banking pipelines, and management’s tone on households and businesses. Citi adds a global lens, while Wells Fargo gives more exposure to traditional lending and consumer finance. BlackRock helps answer a different question: are clients putting money to work, or are they still sitting cautiously in cash and short-duration products?
J&J gives the market a defensive earnings anchor. The key issue there is not just the quarter itself, but whether healthcare demand remains stable enough to support quality defensives if growth names wobble later in the week.
This is the day to watch for whether strong Goldman-style capital markets activity is broad-based across the financial system, or whether it was more idiosyncratic to a trading-heavy franchise.
JPM 0.00%↑ (JPMorgan Chase & Co.)
Earnings release: 7:00 AM ET
Earnings call: 8:30 AM ET
JNJ 0.00%↑ (Johnson & Johnson)
Earnings release: Before earnings call
Earnings call: 8:30 AM ET
C 0.00%↑ (Citigroup Inc.)
Earnings release: 8:00 AM ET
Earnings call: 11:00 AM ET
WFC 0.00%↑ (Wells Fargo & Company)
Earnings release: Before market open
Earnings call: 10:00 AM ET
BLK 0.00%↑ (BlackRock, Inc.)
Earnings release: Before earnings call
Earnings call: 7:30 AM ET
BMNR 0.00%↑ (Bitmine Immersion Technologies, Inc.)
Earnings release: After market close
Earnings call: TBC
ACI 0.00%↑ (Albertsons Companies, Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM ET
KMX 0.00%↑ (CarMax, Inc.)
Earnings release: Before market open
Earnings call: 9:00 AM ET
Wednesday April 15
Wednesday shifts the narrative from banking and balance sheets toward semis, insurance, and transport.
ASML is one of the most important reports of the week. It is not just a semiconductor stock. It is a capex and confidence signal for the entire advanced chip ecosystem. Investors will look for order trends, backlog quality, customer timing, and any commentary around EUV demand, foundry utilization, and AI-related capacity buildouts. If ASML is constructive, it strengthens the case that the semiconductor investment cycle remains intact.
Bank of America, Morgan Stanley, PNC, M&T, and Progressive round out the day with different slices of the financial system.
Wednesday is really about whether the market gets confirmation from both finance and hard activity. If ASML is firm and freight data are not deteriorating, investors will have more confidence that the economy is bending, not breaking.
ASML 0.00%↑ (ASML Holding N.V.)
Earnings release: 1:00 AM ET
Earnings call: 9:00 AM ET
BAC 0.00%↑ (Bank of America Corporation)
Earnings release: Before market open
Earnings call: 8:30 AM ET
MS 0.00%↑ (Morgan Stanley)
Earnings release: 7:30 AM ET
Earnings call: 9:30 AM ET
PNC 0.00%↑ (The PNC Financial Services Group, Inc.)
Earnings release: Before market open
Earnings call: 10:00 AM ET
MTB 0.00%↑ (M&T Bank Corporation)
Earnings release: Before earnings call
Earnings call: 8:00 AM ET
JBHT 0.00%↑ (J.B. Hunt Transport Services, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM ET
Thursday April 16
Thursday is the biggest day of the week. This is where semis, streaming, staples, financials, consulting, and materials all collide.
TSMC is likely the single most important macro report of the week. It sits at the center of the global chip supply chain. Investors will be watching wafer demand, AI-related mix, smartphone and PC exposure, and capex guidance. If TSM is strong after ASML, it reinforces the view that the AI and compute buildout is still real and still broad.
Netflix closes the day from the consumer technology side. Subscriber additions matter, but revenue per user, engagement, margins, and management’s tone around ad-supported monetization matter more. Netflix has become a good read on consumer willingness to keep paying for premium recurring services even in a more selective spending environment.
Pepsi and Abbott add two important defensive lenses. PepsiCo tells us about global consumer staples demand, pricing power, and input cost pass-through. Abbott adds another healthcare read.
If Thursday goes well, the market gets a full-stack confirmation: credit is stable, AI capex is alive, consumers are still spending selectively, and enterprise budgets are not collapsing.
TSM 0.00%↑ (Taiwan Semiconductor Manufacturing Company Limited)
Earnings release: Before market open
Earnings call: 2:00 AM ET
NFLX 0.00%↑ (Netflix, Inc.)
Earnings release: 4:01 PM ET
Earnings call: 4:45 PM ET
PEP 0.00%↑ (PepsiCo, Inc.)
Earnings release: 6:00 AM ET
Earnings call: 8:15 AM ET
ABT 0.00%↑ (Abbott Laboratories)
Earnings release: Before market open
Earnings call: 9:00 AM ET
SCHW 0.00%↑ (The Charles Schwab Corporation)
Earnings release: Before market open
Earnings call: 8:30 AM ET
PLD 0.00%↑ (Prologis, Inc.)
Earnings release: Before market open
Earnings call: 12:00 PM ET
BK 0.00%↑ (The Bank of New York Mellon Corporation)
Earnings release: 6:30 AM ET
Earnings call: 11:00 AM ET
USB 0.00%↑ (U.S. Bancorp)
Earnings release: Before earnings call
Earnings call: 8:00 AM ET
MRSH 0.00%↑ (Marsh & McLennan Companies, Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM ET
TRV 0.00%↑ (The Travelers Companies, Inc.)
Earnings release: Before market open
Earnings call: 9:30 AM ET
CFG 0.00%↑ (Citizens Financial Group, Inc.)
Earnings release: Before market open
Earnings call: 9:00 AM ET
KEY 0.00%↑ (KeyCorp)
Earnings release: Before market open
Earnings call: 10:00 AM ET
AA 0.00%↑ (Alcoa Corporation)
Earnings release: After market close
Earnings call: 5:00 PM ET
Friday April 17
Friday is more focused, but still useful because it rounds out the banking picture and adds a telecom equipment datapoint.
Truist, Fifth Third, Regions, Ally, and State Street help fill in the remaining corners of the U.S. financial system. By this point, investors should be able to compare money-center banks, regionals, custody banks, and consumer lenders side by side. Ericsson adds a telecom infrastructure angle that complements the week’s semiconductor reports.
Friday may not move the tape as much as Thursday, but it can confirm or challenge the story the week has built.
TFC 0.00%↑ (Truist Financial Corporation)
Earnings release: Before earnings call
Earnings call: 8:00 AM ET
FITB 0.00%↑ (Fifth Third Bancorp)
Earnings release: Before market open
Earnings call: 9:00 AM ET
ERIC 0.00%↑ (Telefonaktiebolaget LM Ericsson)
Earnings release: 1:00 AM ET
Earnings call: 3:00 AM ET
STT 0.00%↑ (State Street Corporation)
Earnings release: 7:30 AM ET
Earnings call: 11:00 AM ET
RF 0.00%↑ (Regions Financial Corporation)
Earnings release: Before market open
Earnings call: 10:00 AM ET
ALLY 0.00%↑ (Ally Financial Inc.)
Earnings release: 7:30 AM ET
Earnings call: 9:00 AM ET
This Week’s Bottom Line
This is a more important week than it may look at first glance.
Goldman has already told us the market side of the economy is still active. Advisory improved, equity underwriting strengthened, and trading stayed strong, which is a constructive sign for confidence and capital formation. But the rise in credit provisioning and the drop in CET1 ratios also remind us that this is not a no-risk environment.
The rest of the week now has a clear job. Banks must show that credit quality is holding and deposit competition is manageable. ASML and TSM must prove that the semiconductor and AI capex cycle still has real underlying demand. Netflix, PepsiCo, CarMax, and Albertsons must show how selective the consumer has become. Freight, industrial, and materials names then help tell us whether activity is broadening or still narrow.
If those pieces come together, the message is constructive: the economy is slowing into something more manageable, not rolling over. If they do not, then investors may have to rethink how much optimism is already priced into financials, semis, and consumer-facing equities.
This is not just another earnings week. It is a multi-sector check on whether liquidity, spending, and demand are all still moving in the same direction.