Who reports Nov 9–15, 2026: Berkshire Hathaway, Cisco Systems, Applied Materials and 46 more
Reporting this week: Berkshire Hathaway, Cisco Systems, Applied Materials, Mitsubishi UFJ Financial Group, Siemens Aktiengesellschaft, Allianz. What analysts expect, how the stocks have moved after results and what options allow for.
Put together automatically by hedger from the earnings calendar and analysts' estimates (Yahoo Finance) and filings on SEC EDGAR. Dates can change. It describes the data, forecasts no results and is not investment advice.
49 of the companies we follow report this week.
- Mon Nov 9: BRK-B, UCG.MI, KKR, CEG, ANZ.AX +9
- Tue Nov 10: 9984.T, PBR, IFX.DE, TDG, 1303.TW +3
- Wed Nov 11: 6098.T, ENR.F, EOAN.DE, Z74.SI, CTVA +2
- Thu Nov 12: CSCO, AMAT, SIE.DE, ALV.DE, ENEL.MI +8
- Fri Nov 13: MUFG, SMFG, CFR.SW, MFG, G.MI +2
What to look at in results
- EPS and revenue against the estimate. The estimate is the analysts' average, and prices largely reflect it already, so the market compares the result with this figure rather than with last year.
- Management's outlook. The quarter's figures are the past; what the company says about the next period goes into analysts' estimates.
- The reaction against the priced move. Option prices show how large a move the market has priced in. What counts is the direction and whether the move is larger than that.
The season so far
In the last 6 weeks 579 followed companies reported with an estimate on record, 76% of them beat on EPS; 78% in the same weeks a year ago. Last week's results →
How far the stocks move after results
The bar is the move option prices allow for now; where there are none, the average move either way over the last 8 reports.
| Company | Options allow | Average after results |
|---|---|---|
| BRK-B Berkshire Hathaway | 3.1% | 2.8% |
| CSCO Cisco Systems | 10.4% | 6.7% |
| AMAT Applied Materials | 10.7% | 5.8% |
| MUFG Mitsubishi UFJ Financial Group | 8.7% | 1.8% |
| SIE.DE Siemens Aktiengesellschaft | — | 1.4% |
| ALV.DE Allianz | — | 1.1% |
| 6098.T Recruit Holdings | — | 7.7% |
| SMFG Sumitomo Mitsui Financial Group | 9.6% | 1.6% |
| UCG.MI UniCredit S.p.A. | — | 4.2% |
| 9984.T SoftBank Group | — | 5.5% |
| PBR Petróleo Brasileiro S.A. - Petrobras | 5.9% | 4.1% |
The week's largest companies
BRK-B Berkshire Hathaway
Mon Nov 9
- Analysts expect: EPS USD 5.12, revenue USD 104.0bn (+10.4% on the year).
- Last quarter: revenue USD 117.9bn (+19.2% on the year).
- Against estimates: EPS beat in 5 of the last 8 reports.
- The stock after results: last time +1.5% (Aug 8), 2.8% either way on average over 8 reports. Option prices now allow for a 3.1% move.
- What revenue consists of: Insurance Corporate And Other 25% (−1.4%), Manufacturing Businesses 23% (+19.7%), Pilot Travel Centers LLC 15% (+48.1%) (share and change on the year, last quarter).
- Analysts' ratings: 2 buy, 2 hold, 0 sell; average target USD 555.67, −2.7% against the last price.
CSCO Cisco Systems
Thu Nov 12, after the close
- Analysts expect: EPS USD 1.32, revenue USD 18.1bn (+21.7% on the year).
- Last quarter: revenue USD 17.3bn (+17.6% on the year), operating margin 27.7%.
- Against estimates: EPS beat in 8 of the last 8 reports.
- The stock after results: last time −5.8% (Aug 12), 6.7% either way on average over 8 reports. Option prices now allow for a 10.4% move.
- Analysts' ratings: 18 buy, 11 hold, 0 sell; average target USD 135.56, +44.4% against the last price.
- Already reported in AI infrastructure and data centres: LITE −19.1%, COHR −18.2%, SNDK −18.1%, VRT +17.9% (the stock the day after).
AMAT Applied Materials
Thu Nov 12, after the close
- Analysts expect: EPS USD 4.06, revenue USD 10.3bn (+51.5% on the year).
- Last quarter: revenue USD 7.9bn, operating margin 31.9%.
- Against estimates: EPS beat in 8 of the last 8 reports.
- The stock after results: last time +0.0% (May 14), 5.8% either way on average over 7 reports. Option prices now allow for a 10.7% move.
- Analysts' ratings: 35 buy, 6 hold, 0 sell; average target USD 626.86, +88.4% against the last price.
- Already reported in Semiconductors: INTC −31.2%, ARM −17.7%, 000660.KS +16.6%, GFS −15.2% (the stock the day after).
MUFG Mitsubishi UFJ Financial Group
Fri Nov 13, after the close
- Analysts expect: EPS USD 0.34.
- Last quarter: revenue JPY 2,067.1bn (+27.5% on the year).
- Against estimates: EPS beat in 7 of the last 8 reports.
- The stock after results: last time −2.8% (Aug 3), 1.8% either way on average over 8 reports. Option prices now allow for a 8.7% move.
- Analysts' ratings: 1 buy, 1 hold, 0 sell; average target USD 23.77, +13.3% against the last price.
SIE.DE Siemens Aktiengesellschaft
Thu Nov 12
- Analysts expect: EPS EUR 2.81, revenue EUR 23.2bn (+8.5% on the year).
- Last quarter: revenue EUR 20.8bn (+7.3% on the year), operating margin 14.9%.
- Against estimates: EPS beat in 7 of the last 8 reports.
- The stock after results: last time −2.2% (Aug 6), 1.4% either way on average over 2 reports.
- Analysts' ratings: 16 buy, 7 hold, 2 sell; average target EUR 305.18, +15.1% against the last price.
ALV.DE Allianz
Thu Nov 12
- Analysts expect: EPS EUR 7.51.
- Last quarter: revenue EUR 46.0bn (+39.1% on the year).
- Against estimates: EPS beat in 4 of the last 8 reports.
- The stock after results: last time −0.7% (Aug 7), 1.1% either way on average over 7 reports.
- Analysts' ratings: 6 buy, 6 hold, 4 sell; average target EUR 446.45, −1.4% against the last price.
6098.T Recruit Holdings
Wed Nov 11
- Analysts expect: EPS JPY 83.91.
- Last quarter: revenue JPY 1,045.3bn (+18.9% on the year), operating margin 24.4%.
- Against estimates: EPS beat in 8 of the last 8 reports.
- The stock after results: last time +25.8% (Aug 7), 7.7% either way on average over 7 reports.
- Analysts' ratings: 15 buy, 1 hold, 0 sell; average target JPY 18,587.50, +5.2% against the last price.
SMFG Sumitomo Mitsui Financial Group
Fri Nov 13, after the close
- Analysts expect: EPS USD 0.40.
- Last quarter: revenue JPY 1,577.4bn (+28.5% on the year).
- Against estimates: EPS beat in 7 of the last 8 reports.
- The stock after results: last time −2.1% (Jul 31), 1.6% either way on average over 8 reports. Option prices now allow for a 9.6% move.
- Analysts' ratings: 1 buy, 0 hold, 0 sell; average target USD 15.76, −32.4% against the last price.
UCG.MI UniCredit S.p.A.
Mon Nov 9
- Analysts expect: EPS EUR 1.88.
- Last quarter: revenue EUR 6.5bn (−6.5% on the year).
- Against estimates: EPS beat in 6 of the last 8 reports.
- The stock after results: last time −3.3% (Jul 23), 4.2% either way on average over 8 reports.
- Analysts' ratings: 12 buy, 6 hold, 0 sell; average target EUR 96.18, +18.8% against the last price.
- Already reported in European banks: LLOY.L −10.0%, NDA-FI.HE −7.3%, NWG.L −6.8%, ISP.MI +5.5% (the stock the day after).
9984.T SoftBank Group
Tue Nov 10
- Analysts expect: EPS JPY 41.19.
- Against estimates: EPS beat in 6 of the last 8 reports.
- The stock after results: last time −6.8% (Aug 6), 5.5% either way on average over 8 reports.
- Analysts' ratings: 14 buy, 4 hold, 0 sell; average target JPY 7,845.25, +130.7% against the last price.
CFR.SW Compagnie Financière Richemont SA
Fri Nov 13
- Against estimates: EPS beat in 2 of the last 5 reports.
- Analysts' ratings: 18 buy, 8 hold, 0 sell; average target CHF 204.63, +22.9% against the last price.
- Already reported in Luxury: TPR +6.0%, EL −3.5% (the stock the day after).
PBR Petróleo Brasileiro S.A. - Petrobras
Tue Nov 10, after the close
- Analysts expect: EPS USD 1.41, revenue BRL 177.3bn (+41.0% on the year).
- Last quarter: revenue BRL 33.6bn (+59.8% on the year), operating margin 43.3%.
- Against estimates: EPS beat in 4 of the last 8 reports.
- The stock after results: last time −2.2% (Aug 6), 4.1% either way on average over 8 reports. Option prices now allow for a 5.9% move.
- Analysts' ratings: 11 buy, 3 hold, 0 sell; average target USD 23.89, +28.9% against the last price.
The others by day
Mon Nov 9
| Company | When | EPS estimate |
|---|---|---|
| KKR KKR & | before the open | 1.58 USD |
| CEG Constellation Energy | before the open | 3.89 USD |
| ANZ.AX ANZ Group Holdings | — | — |
| 9434.T SoftBank | — | 3.49 JPY |
| B Barrick Mining | before the open | 0.80 USD |
| 1211.SR Saudi Arabian Mining Company (Maaden) | — | 0.42 SAR |
| OXY Occidental Petroleum | after the close | 1.47 USD |
| FERG Ferguson Enterprises | before the open | 3.29 USD |
| TTWO Take-Two Interactive Software | after the close | −0.86 USD |
| NRG NRG Energy | before the open | 3.03 USD |
| TECH Bio-Techne | before the open | 0.45 USD |
| SKYD Skydance | after the close | 0.20 USD |
Tue Nov 10
| Company | When | EPS estimate |
|---|---|---|
| IFX.DE Infineon Technologies | — | 0.63 EUR |
| TDG TransDigm Group | before the open | 12.21 USD |
| 1303.TW Nan Ya Plastics | — | 4.75 TWD |
| BPAC3.SA Banco BTG Pactual | — | — |
| CRWV CoreWeave | after the close | −1.55 USD |
| NBIS Nebius Group | before the open | −1.24 USD |
Wed Nov 11
| Company | When | EPS estimate |
|---|---|---|
| ENR.F Siemens Energy | after the close | 1.38 EUR |
| EOAN.DE E.ON | — | 0.13 EUR |
| Z74.SI Singapore Telecommunications | after the close | — |
| CTVA Corteva | after the close | 0.10 USD |
| RWE.DE RWE Aktiengesellschaft | — | 0.66 EUR |
| VYLR Vylor | after the close | −0.52 USD |
Thu Nov 12
| Company | When | EPS estimate |
|---|---|---|
| ENEL.MI Enel SpA | — | 0.18 EUR |
| 2317.TW Hon Hai Precision Industry | — | 4.94 TWD |
| BN Brookfield | before the open | 0.33 USD |
| MUV2.DE Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | — | 11.43 EUR |
| MRK.DE Merck KGaA | — | 2.19 EUR |
| NU Nu Holdings | after the close | 0.22 USD |
| KBCSF KBC Group NV | after the close | 2.82 USD |
| 0981.HK Semiconductor Manufacturing International | after the close | 0.05 HKD |
| CEZ.PR CEZ, a. s. | — | — |
Fri Nov 13
| Company | When | EPS estimate |
|---|---|---|
| MFG Mizuho Financial Group | after the close | 0.17 USD |
| G.MI Assicurazioni Generali S.p.A. | — | 0.81 EUR |
| 402340.KS SK Square | — | 84,663.23 KRW |
| 7182.T JAPAN POST BANK | — | 50.51 JPY |
What else comes out this week
- CPI inflation, Tue Nov 10 (forecast 0.2%). Above the forecast would hurt stocks and bonds – why: prices rise faster, so the Fed cuts later, yields rise and stocks get cheaper. Below would help, small caps and growth stocks most – they are the most rate-sensitive.
- Jobless claims, Thu Nov 12 (forecast 194K). Fewer claims than expected can help stocks (fewer claims mean fewer people lose their jobs – they have money to spend, firms earn more) or hurt them (the Fed then cuts later). Stocks and the 2-year yield don't move mostly one way now, so neither path dominates.
- Producer prices PPI, Fri Nov 13 (forecast 0.4%). Above the forecast would hurt stocks and bonds – why: prices rise faster, so the Fed cuts later, yields rise and stocks get cheaper. Below would help, small caps and growth stocks most – they are the most rate-sensitive.
Questions people ask
- Who reports this week? Berkshire Hathaway, Cisco Systems, Applied Materials, Mitsubishi UFJ Financial Group, Siemens Aktiengesellschaft, Allianz, Recruit Holdings, Sumitomo Mitsui Financial Group and 41 more.
- What is the move options allow for? The price of the call plus the put struck near today's price, at the first expiry after the report, divided by the share price. It says what the market pays for options, not where the stock will go.
More on hedger
The market calendar → · Last week's results → · The week in markets →
Source: Yahoo Finance · SEC EDGAR