JPMorgan Chase and Netflix to Report Earnings as S&P 500 Season Begins

Earnings reports from 27 S&P 500 companies are scheduled this week, including JPMorgan Chase, Goldman Sachs, Netflix, and Johnson & Johnson. These reports begin a period when investors seek corporate guidance on performance. S.

and Iran, as the countries work toward ending the war in the Middle East. FactSet data indicates S&P 500 first-quarter profits are projected to increase 13% from the year-earlier period. This growth would represent the sixth straight quarter of double-digit profit expansion for the index.

Investors will examine guidance on challenges related to the conflict, including elevated energy prices.

Monday Earnings Schedule Goldman Sachs plans to report earnings before the market opens on Monday, followed by a conference call at 9:30 a.

m. ET. In the prior quarter, Goldman Sachs exceeded earnings estimates due to performance in equities trading, asset, and wealth management units. LSEG data forecasts double-digit earnings and revenue growth year over year for this quarter.

CNBC banking reporter Hugh Son will monitor whether equities trading and merger and acquisition activity offset any slowdown in dealmaking linked to the war. Goldman Sachs has beaten profit expectations 87% of the time, according to Bespoke Investment Group. Shares rose after four of the last five earnings releases.

Tuesday Earnings Schedule Johnson & Johnson is set to report earnings before the market opens on Tuesday, with a conference call at 8:30 a.

m. ET. The company exceeded earnings expectations in the last quarter and provided 2026 guidance. LSEG estimates show earnings per share expected to decline slightly year over year this quarter. Johnson & Johnson shares have increased 15% year to date, compared to a flat S&P 500.

3% gain on earnings days. m. ET. The bank beat estimates last quarter on strong trading revenue. LSEG analysts project about 7% growth in earnings and revenue year over year. Hugh Son will assess the bank's performance in trading, investment banking, net interest income, and credit stability, including any signs of consumer softening or higher loan loss provisions.

JPMorgan Chase has exceeded expectations 82% of the time, according to Bespoke, but shares declined after the last three releases. m. ET. The bank reported mixed results last quarter, leading to a more than 4% share drop.

LSEG data expects earnings growth exceeding 10% year over year this quarter. Bank of America analyst Ebrahim Poonawala stated in an April 6 note that the report could provide a boost, noting the stock's valuation and potential from fewer rate cuts, expense management, and capital returns. Wells Fargo shares are down about 8% year to date.

Historical data shows shares have underperformed on earnings days.