Earnings playbook: The first big week of the season includes reports from Netflix and big banks

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Procter & Gamble Co,Netflix Inc,Morgan Stanley

The first big week of the earnings season is here, with several major financial and consumer facing stocks slated to report.

The first big week of the earnings season is here, with several major financial and consumer-facing stocks slated to report their latest results. Nearly 40 S & P 500 are scheduled to post their calendar third-quarter results, including Netflix and Procter & Gamble . Big banks Goldman Sachs and Bank of America are also on deck. The earnings season got off to a strong start last week, with JPMorgan Chase, Wells Fargo and BlackRock beating expectations.

Also expected: an update to talks with United's flight attendants' union, one of the last big labor groups left to reach a deal with a carrier in this cycle." What history shows: United earnings beat estimates 71% of the time, Bespoke data shows. However, shares average a 0.6% decline on earnings days. Wednesday Morgan Stanley is set to report earnings before the bell, followed by a call at 8:30 a.m.

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