What to Expect From Big Oil Earnings: Archer Daniels Midland, BP, and NuStar, More

By Commodity HQ  FEB 03, 2014 11:25 AM

This earnings season has mostly seen misses and disappointments, but it's not over yet. These seven major commodity companies will report this week.

 


As we enter the latter part of earnings season, investors have already gotten a taste of how the final three months of 2013 fared for the Street. Thus far, it seems that there have been more earnings misses or disappointing guidance given than major wins or rosy outlooks. This week will keep energy firms in the spotlight with a few key European-based firms reporting, as well as one major agribusiness entity:
The Bottom Line

As always, we remind investors that earnings reports are two-pronged: the numbers and the guidance. Lately, it seems like guidance has taken over a stock's reaction to earnings as traders wish to see strong outlooks amid Fed tapering. As such, be sure to pay close attention to the guidance and forecast that each company gives in order to fully digest and properly react to the report.

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Editor's note: This article by Jared Cummans was originally published on Commodity HQ.
No positions in stocks mentioned.