Earnings playbook: Netflix and Goldman Sachs headline a big week of reports

FactSet data showed that, heading into the reporting period, analysts expected earnings would fall 0.3% year over year. That would be the fourth straight quarter of declining profits for the S & P 500. This week, 54 S & P 500 members are slated to report, including investment banking giants Goldman Sachs and Morgan Stanley, along with Netflix. Take a look at CNBC Pro's breakdown of what's expected from each of these key reports.

Airlines are grappling with a return to more seasonal booking patters and higher costs which some competitors have already warned will crimp margins. Also in focus is United's larger expenses: including a new pilot contract and, further into the future, upsized order for Boeing and Airbus jets. United's executives are also sure to be asked whether the Middle East war is curbing demand for international travel in general.

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