Earnings week begins
Earnings season opens with JPMorgan Chase and Netflix reporting this week, and investors are focused on management guidance rather than just past results. (cnbc.com) (seekingalpha.com).
The first big test of earnings season lands this week, with JPMorgan Chase reporting on Tuesday, April 14, and Netflix on Thursday, April 16. (jpmorganchase.com) (netflix.net) JPMorgan Chase said it will release first-quarter results at about 7:00 a.m. Eastern on April 14 and hold its call at 8:30 a.m. Eastern. Netflix said it will post first-quarter results and its business outlook at about 1:01 p.m. Pacific on April 16, followed by an earnings interview at 1:45 p.m. Pacific. (jpmorganchase.com) (netflix.net 1) (netflix.net 2) The calendar is crowded around them. Goldman Sachs reported on Monday, April 13, while Johnson & Johnson and Citigroup are due Tuesday, Bank of America on Wednesday, and Taiwan Semiconductor Manufacturing on Thursday. (goldmansachs.com) (investor.jnj.com) (citigroup.com) (bankofamerica.com) (tsmc.com) Goldman Sachs set an early marker for the week, reporting first-quarter net revenues of $17.23 billion, net earnings of $5.63 billion, diluted earnings per share of $17.55, and annualized return on common equity of 19.8%. (goldmansachs.com) Investors will get more than a scorecard on the last three months. Netflix said its release will include a business outlook, and every major bank call this week gives executives a chance to address loan demand, trading activity, dealmaking and credit quality for the rest of 2026. (netflix.net) (jpmorganchase.com) (citigroup.com) (bankofamerica.com) That makes this week a read on several parts of the economy at once. Banks sit closest to consumer spending and corporate borrowing, Netflix offers a look at subscription demand and advertising, and Taiwan Semiconductor Manufacturing is a proxy for chip orders tied to phones, servers and artificial intelligence systems. (jpmorganchase.com) (netflix.net) (tsmc.com 1) (tsmc.com 2) The timing also compresses market reaction into four trading days. Goldman Sachs reported before the open on Monday, JPMorgan Chase and Citigroup are scheduled before the open on Tuesday, Bank of America before the open on Wednesday, and Netflix after the close on Thursday. (goldmansachs.com) (jpmorganchase.com) (citigroup.com) (bankofamerica.com) (netflix.net) By Thursday afternoon, investors will have heard from the biggest United States bank, two other large lenders, a Hollywood streaming company and the world’s largest contract chipmaker. That is usually enough to set the tone for the rest of reporting season. (jpmorganchase.com) (citigroup.com) (bankofamerica.com) (netflix.net) (tsmc.com)
