Five Dow Components Set to Report Quarterly Results This Week

For the second straight week, five of the 30 components in the Dow Jones Industrial Average will report quarterly financial results. This week’s list includes several of the index’s worst performers. Dow Jones Industrial Average Gets Spotlight As earnings season continues, the Dow Jones Industrial Average gets the spotlight as multiple components report this week.

Here are the reports this week: The 3M Company (NYSE: MMM ): Q3 report Tuesday before market open International Business Machines (NYSE: IBM ): Q3 report Wednesday after market open Honeywell International (NASDAQ: HON ): Q3 report Thursday before market open Procter & Gamble Company (NYSE: PG ): Q1 report Thursday before market open American Express Company (NYSE: AXP ): Q3 report Friday before market open Together, these five stocks make up around 12% of the leading ETF tracking the index, the SPDR Dow Jones Industrial Average ETF (NYSE: DIA ): Here are the rankings of the five stocks in the price-weighted ETF: AXP: 12 th largest holding, 3.58% of fund IBM: 18 th largest holding, 2.65% HON: 21 st largest holding, 2.42% MMM: 23 rd largest holding, 1.88% PG: 24 th largest holding, 1.82% The five stocks make up 12.35% of the ETF’s assets, which could increase the fund’s volatility this week.

This week will likely see less volatility than last week, when the first five names reported more than double this week’s assets at 25.74%. Read Also: Dow Jones Industrial Average Dividend Winners: These 5 Stocks Yield 2.9% or More Earnings Estimates Here are the current earnings estimates and history over the last 10 quarters, based on Pro data. MMM EPS: $2.39 estimate vs. $2.19 last year, beaten estimates in 10+ straight quarters Revenue: $6.61 billion estimate vs.

$6.30 billion last year, beaten estimates in nine of the last 10 quarters IBM EPS: $2.87 estimate vs. $2.65 last year, beaten estimates in 10+ straight quarters Revenue: $16.82 billion estimate vs. $16.33 billion last year, beaten estimates in eight of the last 10 quarters HON EPS: $2.16 estimate vs. $5.64 last year (prior to a spinoff), beaten estimates in nine of the last 10 quarters Revenue: $5.00 billion estimate vs.

$10.41 billion last year, beaten estimates in seven of the last 10 quarters PG EPS: $1.88 estimate vs. 1.99 last year, beaten analyst estimates in 10+ straight quarters Revenue: $22.79 billion estimate vs. $22.39 billion last year, beaten analyst estimates in five of the last 10 quarters AXP EPS: $4.48 estimate vs. $4.14 last year, beaten analyst estimates in eight of the last 10 quarters Revenue: $20.12 billion estimate vs.

$18.43 billion last year, beaten analyst estimates in seven of the last 10 quarters Key Items to Watch The five Dow Jones Industrial Average stocks cover a wide range of sectors and topics this week. For Procter & Gamble, investors will watch for market share gains and commentary on consumers trading down to store-brand items. Honeywell’s report comes after a recent spinoff, which could highlight the company’s future growth opportunities. IBM’s report will be one of the five most closely tied to recent trends like AI and software, and it could show whether the old company is a winner or loser in AI disruption.

The stock is currently the second-worst performer among Dow Jones Industrial Average stocks. Year-to-Date Performances The Dow Jones Industrial Average trails the S&P 500 and Nasdaq 100 tracking ETFs year to date and over the past year.

Here are the current performances: SPDR S&P 500 ETF Trust (NYSE: SPY ): +12.4% year-to-date, +14.4% one year Invesco QQQ Trust (NASDAQ: QQQ ): +17.5% year-to-date, +17.8% one year SPDR Dow Jones Industrial Average ETF: +8.0% year-to-date, +11.2% one year Here’s a look at the performance of the five Dow Jones stocks reporting this week: MMM: +2.4% year-to-date, +5.9% one year IBM: -18.9% year-to-date, -16.7% one year HON: +3.3% year-to-date, +3.8% one year PG: +10.9% year-to-date, +3.5% one year AXP: -15.7% year-to-date, -10.1% one year Along with IBM ranking as the second worst performer year-to-date in the index, American Express is the fourth worst performer, giving this week two of the worst stocks in the index and a chance to rebound or show investors reasons for the stocks to turnaround.

Procter & Gamble is the best performer of the five currently, ranking 15 th among the 30 index components. Read Also: Alphabet Joins Dow Jones Industrial Average: Here's How The Last Three Additions Performed Photo: Shutterstock