BofA, Intel, Microsoft: 55 Earnings Reports To Watch, July 16-20

Second-quarter earnings season heads into full swing next week. The results will provide guidance on how much the global slowdown is affecting U.S. companies.

Investors will hear from a string of multinational corporations starting from July 16.

Companies reporting in the financial sector include big names like Citigroup, Goldman Sachs, Bank of America and Morgan Stanley.

Other major players set to report second-quarter earnings in the coming week include: Intel, Honeywell, IBM, Qualcomm, Microsoft, Verizon, General Electric, Yahoo, Johnson & Johnson, Abbott Laboratories, Coca-Cola, Yum Brands.

So far, 30 companies in the S&P 500 have reported earnings.

Overall, companies are reporting earnings that are 5.2 percent above expectations. Over the past four quarters on average, actual earnings for the S&P 500 surpassed estimates by 4.8 percent, according to FactSet.

Since the start of the second quarter (March 31), earnings growth rate for companies in the S&P 500 index has declined to 2.1 percent, from 6.5 percent, according to FactSet, led by the energy and financial sectors.

Not only is Bank of America the largest contributor to earnings growth for the financial sector, it is also the largest contributor to earnings growth for the entire S&P 500. Excluding Bank of America, the earnings growth rate for the index would fall to negative 2.6 percent from 2.1 percent. Bank of America is predicted to report earnings per share of 15 cents, compared to a loss of 90 cents recorded in the year-ago period.

We ran a screen and produced a list of 55 notable companies set to report their earnings July 16-20. We have highlighted their expected reporting dates and times, along with analysts' earnings per share and revenue estimates from Reuters, as well as the stocks' year-to-date performances.

Monday Before Market Open, or BMO:

Citigroup Inc. (NYSE: C) is a global diversified financial services holding company. The company has a market cap of $74.12 billion. It is expected to report FY 2012 second-quarter EPS of 90 cents on revenue of $18.87 billion, compared with a profit of $1.09 a share on revenue of $20.62 billion in the year-ago period. Citigroup is trading around $25.28 a share. So far this year, the stock has lost 3.91 percent.

Tuesday BMO:

Goldman Sachs Group, Inc. (NYSE: GS) is a global investment banking, securities and investment management firm. The company has a market cap of $47.62 billion. It is expected to report FY 2012 second-quarter EPS of $1.15 on revenue of $6.41 billion, compared with a profit of $1.85 a share on revenue of $7.28 billion in the year-ago period. Goldman Sachs is trading around $96.76 a share. So far this year, the stock has gained 7.07 percent.

Johnson & Johnson (NYSE: JNJ) is engaged in the research and development, manufacture and sale of a range of products in the healthcare field. The company has a market cap of $187.6 billion. It is expected to report FY 2012 second-quarter EPS of $1.29 on revenue of $16.72 billion, compared with a profit of $1.28 a share on revenue of $16.6 billion in the year-ago period. Johnson & Johnson is trading around $68.31 a share. So far this year, the stock has gained 4.15 percent.

The Coca-Cola Company (NYSE: KO) is a beverage company. The company has a market cap of $174.29 billion. It is expected to report FY 2012 second-quarter EPS of $1.19 on revenue of $13 billion, compared with a profit of $1.17 a share on revenue of $12.74 billion in the year-ago period. Coca-Cola is trading around $77.12 a share. So far this year, the stock has gained 10.42 percent.

Mosaic Co (NYSE: MOS) is a producer and marketer of concentrated phosphate and potash crop nutrients for the global agriculture industry. The company has a market cap of $23.4 billion. It is expected to report FY 2012 fourth-quarter EPS of $1.16 on revenue of $2.55 billion, compared with a profit of $1.52 a share on revenue of $2.86 billion in the year-ago period. Mosaic is trading around $54.95 a share. So far this year, the stock has gained 9.06 percent.

State Street Corporation (NYSE: STT) is a financial holding company. Through its subsidiaries, the company provides a range of financial products and services to institutional investors worldwide. State Street has a market cap of $21.42 billion. It is expected to report FY 2012 second-quarter EPS of 98 cents on revenue of $2.43 billion, compared with a profit of 96 cents a share on revenue of $2.47 billion in the year-ago period. State Street is trading around $43.81 a share. So far this year, the stock has gained 8.78 percent.

Gannett Co., Inc. (NYSE: GCI) is an international media and marketing solutions company. The company has a market cap of $3.41 billion. It is expected to report FY 2012 third-quarter EPS of 52 cents on revenue of $1.32 billion, compared with a profit of 78 cents a share on revenue of $1.33 billion in the year-ago period. Gannett is trading around $14.49 a share. So far this year, the stock has gained 8.53 percent.

TD Ameritrade Holding Corp. (NYSE: AMTD) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors. The company has a market cap of $8.89 billion. It is expected to report FY 2012 third-quarter EPS of 26 cents on revenue of $663.13 million, compared with a profit of 27 cents a share on revenue of $684.78 million in the year-ago period. TD Ameritrade is trading around $16.23 a share. So far this year, the stock has lost 13.12 percent.

Host Hotels and Resorts Inc (NYSE: HST) operates as a self-managed and self-administered real estate investment trust, or REIT. The company has a market cap of $10.9 billion. It is expected to report FY 2012 second-quarter EPS of 13 cents on revenue of $1.36 billion, compared with a profit of 9 cents a share on revenue of $1.3 billion in the year-ago period. Host Hotels and Resorts is trading around $15.15 a share. So far this year, the stock has gained 2.57 percent.

Mattel, Inc. (Nasdaq: MAT) designs, manufactures and markets a variety of toy products worldwide. The company has a market cap of $10.64 billion. It is expected to report FY 2012 second-quarter EPS of 21 cents on revenue of $1.13 billion, compared with a profit of 23 cents a share on revenue of $1.16 billion in the year-ago period. Mattel is trading around $31.22 a share. So far this year, the stock has gained 12.5 percent.

Tuesday After Market Close, or AMC:

Intel Corporation (Nasdaq: INTC) designs and manufactures integrated digital technology platforms. The company has a market cap of $126.08 billion. It is expected to report FY 2012 second-quarter EPS of 52 cents on revenue of $13.57 billion, compared with a profit of 54 cents a share on revenue of $13.03 billion in the year-ago period. Intel is trading around $25.05 a share. So far this year, the stock has gained 3.34 percent.

Yahoo! Inc. (Nasdaq: YHOO) is a digital media company. The company has a market cap of $19.31 billion. It is expected to report FY 2012 second-quarter EPS of 23 cents on revenue of $1.1 billion, compared with a profit of 18 cents a share on revenue of $1.08 billion in the year-ago period. Yahoo is trading around $15.8 a share. So far this year, the stock has lost 2.11 percent.

CSX Corporation (NYSE: CSX) is a transportation supplier. The company has a market cap of $23.37 billion. It is expected to report FY 2012 second-quarter EPS of 47 cents on revenue of $3.05 billion, compared with a profit of 46 cents a share on revenue of $3.02 billion in the year-ago period. CSX is trading around $22.47 a share. So far this year, the stock has gained 6.79 percent.

Wednesday BMO:

Bank of America Corp (NYSE: BAC) is a financial institution, serving individual consumers, small and middle market businesses, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. The company has a market cap of $82.33 billion. It is expected to report FY 2012 second-quarter EPS of 15 cents on revenue of $22.87 billion, compared with a loss of 90 cents on revenue of $13.24 billion in the year-ago period. Bank of America is trading around $7.62 a share. So far this year, the stock has gained 37.41 percent.

The Bank of New York Mellon Corporation (NYSE: BK) is a global financial services company. The company has a market cap of $25.64 billion. It is expected to report FY 2012 second-quarter EPS of 53 cents on revenue of $3.62 billion, compared with a profit of 59 cents a share on revenue of $3.78 billion in the year-ago period. Bank of New York Mellon is trading around $21.49 a share. So far this year, the stock has gained 7.99 percent.

Abbott Laboratories (NYSE: ABT) is engaged in the discovery, development, manufacture, and sale of a range of health care products. The company has a market cap of $102.82 billion. It is expected to report FY 2012 second-quarter EPS of $1.21 on revenue of $9.85 billion, compared with a profit of $1.12 a share on revenue of $9.62 billion in the year-ago period. Abbott Laboratories is trading around $65.34 a share. So far this year, the stock has gained 16.22 percent.

Honeywell International Inc. (NYSE: HON) is a diversified technology and manufacturing company. The company has a market cap of $42.35 billion. It is expected to report FY 2012 second-quarter EPS of $1.12 on revenue of $9.56 billion, compared with a profit of $1.02 a share on revenue of $9.09 billion in the year-ago period. Honeywell is trading around $54.39 a share. Shares have traded flat so far on the year.

BlackRock, Inc. (NYSE: BLK) is an independent investment management firm. The company has a market cap of $37.14 billion. It is expected to report FY 2012 second-quarter EPS of $3.07on revenue of $2.29 billion, compared with a profit of $3 a share on revenue of $2.35 billion in the year-ago period. BlackRock is trading around $174.54 a share. So far this year, the stock has lost 2.13 percent.

Check Point Software Technologies Ltd. (Nasdaq: CHKP) develops technologies to communications and transactions over the Internet by enterprises and consumers. The company has a market cap of $9.33 billion. It is expected to report FY 2012 second-quarter EPS of 76 cents on revenue of $331.4 million, compared with a profit of 68 cents a share on revenue of $300.64 million in the year-ago period. Check Point Software Technologies is trading around $45.36 a share. So far this year, the stock has lost 13.76 percent.

PNC Financial Services (NYSE:PNC) is a financial service company. The company has a market cap of $32.22 billion. It is expected to report FY 2012 second-quarter EPS of $1.15 on revenue of $3.71 billion, compared with a profit of $1.67 a share on revenue of $3.6 billion in the year-ago period. PNC Financial Services is trading around $60.92 a share. So far this year, the stock has gained 5.67 percent.

St. Jude Medical, Inc. (NYSE: STJ) develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas and neurostimulation medical devices for the management of chronic pain. The company has a market cap of $12.18 billion. It is expected to report FY 2012 second-quarter EPS of 87 cents on revenue of $1.43 billion, compared with a profit of 85 cents a share on revenue of $1.45 billion in the year-ago period. St. Jude Medical is trading around $38.82 a share. So far this year, the stock has gained 13.15 percent.

U.S. Bancorp (NYSE: USB) is a multi-state financial services holding company. The company has a market cap of $67.52 billion. It is expected to report FY 2012 second-quarter EPS of 69 cents on revenue of $4.97 billion, compared with a profit of 60 cents a share on revenue of $4.69 billion in the year-ago period. U.S. Bancorp is trading around $32.5 a share. So far this year, the stock has gained 20.07 percent.

Wednesday AMC:

International Business Machines Corp. (NYSE: IBM) is an information technology company. The company has a market cap of $214.04 billion. It is expected to report FY 2012 second-quarter EPS of $3.43 on revenue of $26.35 billion, compared with a profit of $3.09 a share on revenue of $26.67 billion in the year-ago period. IBM is trading around $185.62 a share. So far this year, the stock has gained 0.9 percent.

QUALCOMM, Inc. (Nasdaq: QCOM) designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies. The company has a market cap of $93.83 billion. It is expected to report FY 2012 third-quarter EPS of 86 cents on revenue of $4.68 billion, compared with a profit of 73 cents a share on revenue of $3.62 billion in the year-ago period. Qualcomm is trading around $54.77 a share. Shares have traded flat so far on the year.

Yum! Brands, Inc. (NYSE: YUM) is the parent company of KFC, Pizza Hut and Taco Bell. The company has a market cap of $29.72 billion. It is expected to report FY 2012 second-quarter EPS of 70 cents on revenue of $3.12 billion, compared with a profit of 66 cents a share on revenue of $2.82 billion in the year-ago period. Yum Brands is trading around $64.55 a share. So far this year, the stock has gained 9.37 percent.

Northern Trust Corporation (Nasdaq: NTRS) is a financial holding company that is a provider of asset servicing, fund administration, asset management, fiduciary and banking solutions. The company has a market cap of $11.21 billion. It is expected to report FY 2012 second-quarter EPS of 75 cents on revenue of $1 billion, compared with a profit of 70 cents a share on revenue of $955.3 million in the year-ago period. Northern Trust is trading around $46.46 a share. So far this year, the stock has gained 17.22 percent.

American Express Company (NYSE: AXP) is a global service company. Its principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses worldwide. The company has a market cap of $66.53 billion. It is expected to report FY 2012 second-quarter EPS of $1.09 on revenue of $8.08 billion, compared with a profit of $1.07 a share on revenue of $7.62 billion in the year-ago period. American Express is trading around $57.8 a share. So far this year, the stock has gained 22.56 percent.

eBay Inc (Nasdaq: EBAY) is a global commerce platform. The company has a market cap of $51.13 billion. It is expected to report FY 2012 second-quarter EPS of 55 cents on revenue of $3.36 billion, compared with a profit of 48 cents a share on revenue of $2.76 billion in the year-ago period. eBay is trading around $39.59 a share. So far this year, the stock has gained 30.56 percent.

Kinder Morgan Energy Partners LP (NYSE: KMP) is a pipeline transportation and energy storage company in North America. The company has a market cap of $28.55 billion. It is expected to report FY 2012 second-quarter EPS of 48 cents on revenue of $2.2 billion, compared with a profit of 30 cents a share on revenue of $2.02 billion in the year-ago period. Kinder Morgan Energy Partners is trading around $84.09 a share. So far this year, the stock has lost 1.05 percent.

SLM Corp (NASDAQ: SLM)'s primary business is to originate, service and collect loans it makes to students and/or their parents to finance the cost of their education. The company has a market cap of $7.87 billion. It is expected to report FY 2012 second-quarter EPS of 54 cents on revenue of $725.83 million, compared with a profit of 48 cents a share on revenue of $761 million in the year-ago period. SLM is trading around $16.15 a share. So far this year, the stock has gained 20.45 percent.

Stryker Corporation (NYSE: SYK) is a medical technology company. The company has a market cap of $20.15 billion. It is expected to report FY 2012 second-quarter EPS of 99 cents on revenue of $2.13 billion, compared with a profit of 90 cents a share on revenue of $2.05 billion in the year-ago period. Stryker is trading around $52.91 a share. So far this year, the stock has gained 6.42 percent.

Thursday BMO:

Morgan Stanley (NYSE: MS) is a global financial services company. The company has a market cap of $27.59 billion. It is expected to report FY 2012 second-quarter EPS of 40 cents on revenue of $7.79 billion, compared with a loss of 38 cents on revenue of $9.28 billion in the year-ago period. Morgan Stanley is trading around $13.94 a share. So far this year, the stock has lost 7.8 percent.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is an international mining company. The company has a market cap of $31.25 billion. It is expected to report FY 2012 second-quarter EPS of 81 cents on revenue of $4.51 billion, compared with a profit of $1.49 a share on revenue of $5.81 billion in the year-ago period. Freeport-McMoRan is trading around $32.86 a share. So far this year, the stock has lost 10.49 percent.

Philip Morris International Inc. (NYSE: PM) is a holding company. Its subsidiaries and affiliates and their licensees are engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside of the U.S. The company has a market cap of $153.89 billion. It is expected to report FY 2012 second-quarter EPS of $1.34 on revenue of $8.04 billion, compared with a profit of $1.34 a share on revenue of $8.27 billion in the year-ago period. Philip Morris International is trading around $90.22 a share. So far this year, the stock has gained 14.97 percent.

Verizon Communications Inc. (NYSE: VZ) is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. The company has a market cap of $128.53 billion. It is expected to report FY 2012 second-quarter EPS of 64 cents on revenue of $28.54 billion, compared with a profit of 57 cents a share on revenue of $27.54 billion in the year-ago period. Verizon is trading around $45.24 a share. So far this year, the stock has gained 12.76 percent.

Southwest Airlines Co. (NYSE: LUV) operates Southwest Airlines, a passenger airline, which provides scheduled air transportation in the U.S. The company has a market cap of $7.28 billion. It is expected to report FY 2012 second-quarter EPS of 32 cents on revenue of $4.58 billion, compared with a profit of 15 cents a share on revenue of $4.14 billion in the year-ago period. Southwest Airlines is trading around $9.48 a share. So far this year, the stock has gained 10.75 percent.

The Travelers Companies, Inc. (NYSE: TRV) is engaged in providing a range of commercial and personal property and casualty insurance products and services. The company has a market cap of $24.42 billion. It is expected to report FY 2012 second-quarter EPS of $1.42 on revenue of $5.98 billion, compared with a loss of 91 cents on revenue of $5.82 billion in the year-ago period. The Travelers Companies is trading around $62.79 a share. So far this year, the stock has gained 6.08 percent.

UnitedHealth Group Inc. (NYSE: UNH) is a diversified health and well-being company. The company has a market cap of $57.52 billion. It is expected to report FY 2012 second-quarter EPS of $1.19 on revenue of $27.34 billion, compared with a profit of $1.16 a share on revenue of $25.23 billion in the year-ago period. UnitedHealth is trading around $55.44 a share. So far this year, the stock has gained 9.39 percent.

Danaher Corporation (NYSE: DHR) designs, manufactures and markets professional, medical, industrial and commercial products and services. The company has a market cap of $35.13 billion. It is expected to report FY 2012 second-quarter EPS of 81 cents on revenue of $4.59 billion, compared with a profit of 69 cents a share on revenue of $3.71 billion in the year-ago period. Danaher is trading around $50.72 a share. So far this year, the stock has gained 7.8 percent.

Baxter International Inc. (NYSE: BAX) is a global, diversified healthcare company. The company has a market cap of $29.94 billion. It is expected to report FY 2012 second-quarter EPS of $1.11 on revenue of $3.52 billion, compared with a profit of $1.07 a share on revenue of $3.54 billion in the year-ago period. Baxter International is trading around $54.38 a share. So far this year, the stock has gained 9.9 percent.

The Blackstone Group L.P. (NYSE: BX) is a manager of private capital and provider of financial advisory services. The company has a market cap of $15.84 billion. It is expected to report FY 2012 second-quarter EPS of 20 cents on revenue of $776.25 million, compared with a profit of 63 cents a share on revenue of $1.33 billion in the year-ago period. The Blackstone Group is trading around $12.86 a share. So far this year, the stock has lost 8.14 percent.

BB&T Corporation (NYSE: BBT) is a financial holding company. The company has a market cap of $21.9 billion. It is expected to report FY 2012 second-quarter EPS of 70 cents on revenue of $2.41 billion, compared with a profit of 44 cents a share on revenue of $12.18 billion in the year-ago period. BB&T is trading around $31.34 a share. So far this year, the stock has gained 24.55 percent.

Fifth Third Bancorp (NasdaQ: FITB) is a diversified financial services company. The company has a market cap of $12.46 billion. It is expected to report FY 2012 second-quarter EPS of 35 cents on revenue of $1.54 billion, compared with a profit of 35 cents a share on revenue of $1.53 billion in the year-ago period. Fifth Third Bancorp is trading around $13.55 a share. So far this year, the stock has gained 6.49 percent.

KeyCorp (NYSE: KEY) is a bank holding company for KeyBank National Association. The company has a market cap of $7.39 billion. It is expected to report FY 2012 second-quarter EPS of 18 cents on revenue of $999.74 million, compared with a profit of 25 cents a share on revenue of $1.02 billion in the year-ago period. KeyCorp is trading around $7.76 a share. So far this year, the stock has gained 0.85 percent.

Safeway Inc. (NYSE: SWY) is a food and drug retailer in North America. The company has a market cap of $3.86 billion. It is expected to report FY 2012 second-quarter EPS of 49 cents on revenue of $10.36 billion, compared with a profit of 41 cents a share on revenue of $10.2 billion in the year-ago period. Safeway is trading around $16.07 a share. So far this year, the stock has lost 23.72 percent.

Union Pacific Corporation (NYSE: UNP) owns transportation companies. The company has a market cap of $56.18 billion. It is expected to report FY 2012 second-quarter EPS of $1.96 on revenue of $5.23 billion, compared with a profit of $1.59 a share on revenue of $4.86 billion in the year-ago period. Union Pacific is trading around $117.99 a share. So far this year, the stock has gained 11.36 percent.

Thursday AMC:

Microsoft Corporation (Nasdaq: MSFT) develops, licenses and supports software products and services. The company has a market cap of $245.28 billion. It is expected to report FY 2012 fourth-quarter EPS of 62 cents on revenue of $18.16 billion, compared with a profit of 69 cents a share on revenue of $17.37 billion in the year-ago period. Microsoft is trading around $29.2 a share. So far this year, the stock has gained 12.47 percent.

SanDisk Corporation (Nasdaq: SNDK) designs, develops and manufactures data storage solutions in a range of form factors using its flash memory, controller and firmware technologies. The company has a market cap of $8.14 billion. It is expected to report FY 2012 second-quarter EPS of 19 cents on revenue of $1.01 billion, compared with a profit of $1.14 a share on revenue of $1.37 billion in the year-ago period. SanDisk is trading around $33.42 a share. So far this year, the stock has lost 32.11 percent.

Capital One Financial Corp. (NYSE: COF) is a diversified financial services holding company. The company has a market cap of $31.43 billion. It is expected to report FY 2012 second-quarter EPS of $1.34 on revenue of $5.16 billion, compared with a profit of $1.97 a share on revenue of $3.99 billion in the year-ago period. Capital One Financial is trading around $54.15 a share. So far this year, the stock has gained 28.04 percent.

Advanced Micro Devices, Inc. (NYSE: AMD) is a global semiconductor company. The company has a market cap of $3.42 billion. It is expected to report FY 2012 second-quarter EPS of 7 cents on revenue of $1.41 billion, compared with a profit of 9 cents a share on revenue of $1.57 billion in the year-ago period. Advanced Micro Devices is trading around $4.88 a share. So far this year, the stock has lost 9.63 percent.

Friday BMO:

General Electric Company (NYSE: GE) is a diversified technology and financial services company. The company has a market cap of $208.78 billion. It is expected to report FY 2012 second-quarter EPS of 69 cents on revenue of $3.92 billion, compared with a profit of 65 cents a share on revenue of $4.1 billion in the year-ago period. GE is trading around $19.72 a share. So far this year, the stock has gained 10.11 percent.

Xerox Corporation (NYSE: XRX) provides a portfolio of business process and information technology outsourcing support, document technology and solutions. The company has a market cap of $9.71 billion. It is expected to report FY 2012 second-quarter EPS of 26 cents on revenue of $5.6 billion, compared with a profit of 27 cents a share on revenue of $5.61 billion in the year-ago period. Xerox is trading around $7.2 a share. So far this year, the stock has lost 9.48 percent.

Baker Hughes Incorporated (NYSE: BHI) is engaged in the oilfield services industry. The company has a market cap of $17.17 billion. It is expected to report FY 2012 second-quarter EPS of 77 cents on revenue of $5.26 billion, compared with a profit of 93 cents a share on revenue of $4.74 billion in the year-ago period. Baker Hughes is trading around $39.25 a share. So far this year, the stock has lost 19.33 percent.

Schlumberger Limited. (NYSE: SLB) provides a range of products and services from exploration through production. The company has a market cap of $88.57 billion. It is expected to report FY 2012 second-quarter EPS of $1 on revenue of $10.41 billion, compared with a profit of 87 cents a share on revenue of $9.62 billion in the year-ago period. Schlumberger is trading around $66.46 a share. So far this year, the stock has lost 2.77 percent.

SunTrust Banks, Inc. (NYSE: STI) is a commercial banking organization. The company has a market cap of $13.3 billion. It is expected to report FY 2012 second-quarter EPS of 44 cents on revenue of $2.16 billion, compared with a profit of 33 cents a share on revenue of $2.17 billion in the year-ago period. SunTrust Banks is trading around $24.74 a share. So far this year, the stock has gained 39.6 percent.