Yahoo Finance·2026-01-20 13:26Earnings Season Overview - The fourth quarter earnings season is gaining momentum, with major banks having reported results and upcoming reports from Charles Schwab and regional banks like Fifth Third [1] - Attention is expected to shift towards Netflix and Intel, which are headlining the earnings calendar [1] Earnings Growth Expectations - As of January 16, 7% of S&P 500 companies have reported fourth quarter results, with analysts estimating an 8.2% increase in earnings per share for the quarter, marking the 10th consecutive quarter of annual earnings growth for the index [2] - Analysts had initially expected an 8.3% jump in earnings per share, a decrease from the third quarter's 13.6% growth rate, but have since raised expectations, particularly for tech companies [3] Market Themes and Influences - The earnings season will test the improved stock market breadth observed at the start of 2026, with ongoing themes from 2025 such as artificial intelligence, tariff and economic policies from the Trump administration, and a K-shaped consumer economy continuing to influence market dynamics [4] Upcoming Earnings Reports - This week's earnings releases will include reports from United Airlines, 3M Company, D.R. Horton, Johnson & Johnson, GE Aerospace, Procter & Gamble, Abbott Laboratories, and Capital One, in addition to Netflix and Intel [5]