This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Alcoa Could Displace Data in Coming Week

(Updated from Jan. 9 with Thomson Reuters' fourth-quarter earnings and revenue projections.)

NEW YORK (TheStreet) -- The market's recent focus has been on jobs and the Fed, but that could change next week as earnings season kicks off with Alcoa's (AA) report on Monday.

The aluminum maker will be the first component of the Dow Jones Industrial Average to report fourth-quarter results in 2010. Tech giant Intel (INTC) follows later in the week onThursday, while industrial-financial conglomerate General Electric (GE) and JPMorgan Chase (JPM) are due on Friday.

Expectations are cautiously hopeful, with analysts predicting all four firms remained in the black; Alcoa with 6 cents per share, Intel with 30 cents per share, GE with 26 cents per share, and JPMorgan with 63 cents per share, according to the consensus views of analysts polled by Thomson Reuters. But there have been mixed signs recently of how far along in the economic recovery we have come, and how long it will take for earnings to be driven by top-line growth, rather than cost-cutting measures.

> > Bull or Bear? Vote in Our Poll

For the entire fourth-quarter earnings season, Thomson Reuters is calling for an estimated growth rate for the S&P 500 of 184%, which is unusually high due to the easy comparison to year-ago earnings. The financials, materials and consumer discretionary sectors are expecting the highest earnings growth rates for the quarter, while the energy and industrials sectors are expecting the lowest.

If the final growth rate for the fourth quarter is 184%, it will mark the first time the S&P 500 has recorded year-over-year earnings growth since the second quarter of 2007, and it will mark the end of the streak of consecutive quarters of negative growth rates at nine, according to Thomson Reuters.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs