This Week's Earnings In 60 Seconds

January 18, 2013

With new economic reports and earnings reports flying at us each day this week, I'm going to keep things short and sweet today. Now that we're in our second week of fourth-quarter earnings season, we saw market-moving announcements from several major banks and financial institutions. I've boiled down the highlights below in a quick and easy chart, so before I let you go for the long weekend I recommend you give this a look over. I've also included link to each and every stock's Portfolio Grader report because just because a company posted earnings growth doesn't make it an automatic buy, in my book (and vice versa).

Ticker	Name	Sales Growth	Earnings Growth	Earnings Surprise/Miss	My Take
EBAY	eBay Inc.	18%	-62%	1%	Strong Buy
GS	Goldman Sachs Group	53%	189%	48%	Buy
PGR	Progressive Corp.	N/A	-3%	24%	Buy
STI	SunTrust Banks Inc.	12%	393%	7%	Buy
BAC	Bank of America Corp.	-25%	-63%	50%	Cautious Buy
AXP	American Express Co.	5%	-47%	0%	Hold
C	Citigroup Inc.	6%	25%	-28%	Hold
COF	Capital One Financial Corp.	37%	116%	-11%	Hold
GE	General Electric Co.	4%	8%	2%	Hold
SCHW	Charles Schwab Corp.	9%	16%	0%	Hold
MS	Morgan Stanley	43%	Swung to profit	67%	Sell
PNC	PNC Financial Services Group	15%	47%	9%	Sell
WEN	Wendy's Co.	2%	463%	100%	Sell
INTC	Intel Corp.	-3%	-27%	13%	Strong Sell

Wall Street will be closed next Monday to commemorate Martin Luther King Jr. Day (as well as the Presidential Inauguration), so I'll check back in bright and early on Tuesday.

Until then,

Louis Navellier