With a new year comes a look at the old. The fourth-quarter earnings season will kick off in the coming week with a number of high-profile companies reporting their performances over the last months of 2016.

The big banks, as usual, will be among the first to report earnings. Bank of America (BAC) , JPMorgan (JPM) and Wells Fargo (WFC) will report on Friday.

Wells Fargo is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys of sells WFC? Learn more now.

Average earnings for the S&P 500 in the fourth quarter are expected to increase 4.4% from the same period a year earlier. Earnings growth would mark the second straight quarter of gains after the third quarter broke an earnings recession that lasted for four consecutive quarters. Earnings grew 4% in the third quarter of 2016.

"We believe investors are pricing in a beat for fourth-quarter earnings," said Lindsey Bell, investment strategist at S&P Capital IQ. "EPS growth hasn't fallen short of expectations since first quarter 2009 and the past two quarters had solid beat rates of 4.9% and 3.5%, respectively. As long as investors don't anticipate a greater-than-average beat, fourth-quarter earnings shouldn't rock the market.

Also on the earnings calendar, Acuity Brands (AYI) , Apollo Education Group (APOL)  and Barracuda Networks (CUDA) will report on Monday; Progress Software (PRGS) on Tuesday; HB Fuller (FUL)  and KB Home (KBH) on Wednesday; and Delta Air Lines (DAL)  and FuelCell (FCEL) on Thursday.

Retail sales for December, the back-half of the critical holiday shopping season, will headline the economic calendar in the coming week. The measure is expected to grow 0.5% over December after a weak 0.1% reading in November thanks to growth in autos and gas prices.

"We see scope for a strong 0.4% rebound in the [headline number] in line with the surge in consumer spirits recorded in survey data and the positive holiday shopping reports," TD Securities analysts wrote in a note. "The latter in particular points to some lift from online spending (roughly 10% of sales)."

Elsewhere on the economic calendar, wholesale inventories and the Job Openings and Labor Turnover Survey for November will be released on Tuesday; import prices for December on Wednesday; and producer prices for December and a preliminary reading of the University of Michigan's consumer sentiment metric for January on Friday.

More from Futures

North Korea Still Willing to Meet Trump and 4 Other Stories You Must Know Friday

North Korea Still Willing to Meet Trump and 4 Other Stories You Must Know Friday

Stocks Trade Mixed in Further Trump Trade News and 4 Other Stories You Must Know

Stocks Trade Mixed in Further Trump Trade News and 4 Other Stories You Must Know

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That