Your Guide to the Dow's Earnings Seasonhttp://www.fool.com/investing/general/2013/01/06/your-guide-to-the-dows-earnings-season.aspx Dan Caplinger
January 6, 2013
Even though 2013 just started, it seems there's already been plenty of news affecting investors. Between the concluded last-minute deal to avoid the full brunt of the fiscal cliff, the Federal Reserve's suggestion that its accommodative monetary policy may someday end, and looming fights on Capitol Hill over the debt ceiling and sequestration-driven spending cuts, you've had plenty to keep you busy.
As if that weren't enough, earnings season is just around the corner. Although all 30 stocks in the Dow Jones Industrials (INDEX: ^DJI) will report earnings over the next couple of months, I want to highlight some of the most important releases, previewing expectations and explaining how a beat or a miss could have an impact not just on a single company's stock but also on the overall market.
Jan. 17: Bank of America (NYSE: BAC)
Expectations for B of A's fourth quarter indicate the new normal for the industry, as the bank is seen boosting earnings per share substantially over last year's first quarter even as its revenue could sink 11%. Beyond those headline numbers, though, look especially for CEO Brian Moynihan's take on B of A's 2013 prospects as he celebrates three years of tenure holding the reins of the banking behemoth.
Jan. 18: General Electric (NYSE: GE)
From a numbers perspective, expected earnings-per-share growth of 10% and modest revenue gains of 2% aren't likely to provide many surprises. But the key for investors will be to listen to CEO Jeff Immelt's comments on GE's alternative energy business and its recent foray into mining equipment. For alternative energy, the