Watch out. These stocks reporting next week are at risk of an earnings blow-up

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Stock Markets,Caterpillar Inc,Walt Disney Co

While it's largely been a positive second quarter earnings period so far, investors need to watch for some companies that could deliver bad news.

Investors should be wary of those stocks that are due to report next week whose lackluster earnings could send their share prices down. About 15% of companies in the S & P 500 will issue quarterly financials next week, including behemoths such as Caterpillar , Walt Disney and Eli Lilly .

Pro screened FactSet for companies reporting next week that have seen their earnings estimates cut by 5% or more in the past three- and six months. Pro then sorted further for stocks that have buy ratings from 40% or less analysts. Here are the names to keep an eye on next week, as of data current Wednesday on morning: Williams Companies is the first company on the list with earnings due for release Monday. The gas pipeline stock has seen analysts' earnings per share estimates cut by 5.3% over the past three months and 18.6% over the past six months. Fewer than than two out of every five analysts rate Williams a buy.

 

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