Exxon Mobil Corporation (XOM), Chevron Corporation (CVX), and What to Expect in This Week’s Dow (.DJI) Earnings

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Earnings season is in full swing, and a full third of companies on the Dow Jones Industrial Average is set to report last quarter’s data this week. From industrial giants such as Caterpillar Inc. (NYSE:CAT) to Big Oil icons like Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX) , seemingly every sector of the blue-chip index is on pace to capture investors’ attention in the next few days. Let’s take a look at what you should be watching out for as 10 of America’s most prominent stocks face their biggest test so far of 2013.

Five days of earnings
Caterpillar’s set to start a busy week for blue-chip investors when it reports earnings data on Monday. The industrial stock’s been hammered in 2013, losing nearly 14% year to date as China’s economic slowdown has hampered the company’s growth. Analysts are expecting a big hit to the company’s financials, projecting a 39% dip in earnings per share over a year ago, with a year-over-year drop in revenue of more than 13%. The company’s sales have dropped in recent months, and it could be a while before this stock makes a recovery. Don’t expect a miracle from this earnings season.

Exxon Mobil Corporation (NYSE:XOM)Things heat up on Tuesday for Dow investors, with four companies on the index reporting quarterly data. Analysts expect $0.01 year-over-year earnings gains from Travelers Companies Inc (NYSE:TRV) and DuPont Fabros Technology, Inc. (NYSE:DFT), projecting average EPS figures of $2.02 and $1.52, respectively, while estimating United Technologies‘ earnings to dip $0.01 from last year’s quarter to $1.30. AT&T Inc. (NYSE:T) is also expected to succeed in its earnings on Tuesday, with experts projecting earnings of $0.64 per share, a year-over-year gain of more than 6%. AT&T’s stock has shot up by nearly 14% in the past three months alone, and an earnings beat could send shares even higher.

Analysts predict a 2% year-over-year rise in earnings to $0.96 at The Procter & Gamble Company (NYSE:PG) when the conglomerate reports data on Wednesday. Aerospace giant The Boeing Company (NYSE:BA) is also set to report that day — with analysts estimating an EPS jump of 21% to $1.48, despite projecting a 2.8% sales decline — and while the company’s trouble over the grounding of its 787 Dreamliner jet has dominated headlines this year, don’t expect the drama to affect its quarterly data. Boeing hasn’t lost any of its previous orders for the grounded plane, which got a boost on Friday, after the FAA approved the company’s battery fix for the jet. Still, investors should keep an eye out for anything company management reveals about estimated financial fallout from the 787’s trouble.

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