Earnings Season Preview: Key Reports to Watch for the Week Beginning 20th October 2025

Introduction

As the next wave of corporate earnings reports approaches, investors and traders are bracing for potential market volatility. The earnings season provides valuable insights into the growth trajectory of leading global corporations, often shaping market sentiment for weeks to come. With major names across technology, finance, and consumer goods set to report, the week beginning 20th October 2025 could offer both opportunities and risks for those closely monitoring the markets.

What Is an Earnings Report?

An earnings report is a quarterly financial update released by publicly listed companies, providing a snapshot of their financial health and operational performance. These reports usually include:

• Income Statement – showing revenues, expenses, and net profits.
• Balance Sheet – summarising assets, liabilities, and shareholder equity.
• Cash Flow Statement – detailing cash inflows and outflows over the quarter.

These indicators help investors evaluate profitability, growth potential, and overall financial stability.

Earnings to Watch: Week of 20th October 2025

As earnings season begins, several high-impact companies are set to release their quarterly results:

• 21 October: Netflix & Coca-Cola
• 22 October: Tesla, SAP & Barclays
• 24 October: Procter & Gamble

These earnings announcements could influence stock price movements across broader indices, particularly within finance and technology sectors. Even if you’re not directly investing in these firms, their results could affect market sentiment and sector performance.

Coca-Cola (NYSE: KO)

Coca-Cola appears poised for a bullish rally following recent technical indicators. The stock entered oversold territory on the RSI and has begun showing bullish MACD histograms, suggesting potential upward momentum.

Price-to-earnings (P/E) models project:

• High Target: $76.03 (+12.52%)
• Low Target: $71.45 (+5.74%)

However, analysts’ forecasts go as high as $79.43 (+17.55%), indicating further upside potential. Despite a 4.22% share price decline, Coca-Cola’s EPS is forecast to rise by 1.30%, which may suggest the stock remains undervalued — making it a possible investment opportunity ahead of its report.

SAP (NYSE: SAP)

SAP may also be entering a bullish phase, having dipped into oversold levels on 16th September. Its EPS is expected to rise by 23.19% over the next year, while the stock price has only risen 18.9% so far — a potential sign of undervalued growth.

P/E-based projections suggest:

• High Target: $373.92 (+38.60%)
• Low Target: $321.85 (+19.30%)
• Analyst Consensus: $337.60 (+25.14%)

If SAP delivers strong earnings on 22nd October, it could be considered good value, attracting both institutional and retail interest.

Procter & Gamble (NYSE: PG)

Procter & Gamble recently touched an RSI level of 30.28 (indicating oversold conditions) on 13th October. Its P/E analysis suggests:

• High Target: $171.65 (+13.59%)
• Low Target: $159.78 (+6.79%)
• Analyst Consensus: $170.17 (+13.74%)

Interestingly, EPS is forecast to fall by 1.55%, while share prices have already dropped 12.81%. This could signal good value, as the price decline may be overextended compared to the modest EPS dip. However, if the upcoming report shows weaker-than-expected earnings, further downside could occur.

Conclusion

The week beginning 20th October 2025 marks a pivotal moment in this quarter’s earnings season. With companies like Netflix, Coca-Cola, Tesla, SAP, Barclays, and Procter & Gamble releasing key updates, markets could experience increased volatility and momentum shifts.

Investors should watch closely for EPS surprises — where actual results outperform forecasts — as these often drive short-term rallies and influence long-term valuations. Whether you’re actively trading or monitoring broader trends, these earnings reports will likely set the tone for market direction heading into November.