Several stocks due to report earnings this week could see large moves in the wake of those numbers. Second-quarter earnings season began in earnest last week with some of the largest banks on Wall Street including Citigroup and JPMorgan Chase , in addition to Delta Air Lines and PepsiCo . With roughly 5% of S & P 500 companies having already reported earnings, firms within the broad market index have notched more than 18% earnings growth, according to FactSet data. This week will see a larger group of corporate earnings, including streaming giant Netflix and chipmaker Taiwan Semiconductor . CNBC Pro screened FactSet data for stocks that could see strong post-earnings moves, up or down, based on investors’ expectations in the options market. Here are the names that made the cut. Netflix reports second-quarter results on Thursday. Stock in the media platform has surged about 35% in 2024. Netflix has one of the highest implied moves on the screen, at 7.4%, according to FactSet data. Investors are watching results from Netflix after last quarter’s blowout report topped Wall Street estimates on the back of 16% subscriber growth. NFLX YTD mountain Netflix stock. Analysts polled by LSEG expect Netflix to report earnings per share growth of about 40%. D.R. Horton shares are also expected to react to its latest financial release. The stock is up about 1% from the start of the year. Shares of the homebuilder are seen moving 5%, based on implied probabilities in the options market. The firm is set to report results for the fiscal third-quarter ended June 30 this coming Thursday. D.R. Horton was a notable winner last week following cooler-than-expected inflation data, which led investors to rotate out of technology stocks on hopes of lower interest rates. Taiwan Semiconductor also reports its latest quarter numbers on Thursday. Shares have soared nearly 80% in 2024 thanks to robust demand for artificial intelligence chips. Shares have an implied post-earnings move of more than 6%. Bank of America lifted its 2024, 2025 and 2026 earnings forecasts ahead of this week’s results in a recent note, citing optimism for further AI and cloud demand. Other stocks poised for a post-earnings include United Airlines and Equifax .
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