Earnings Report

Apple Inc on Tuesday is likely to report its first decline in revenue in more than a decade, and analysts expect to hear bad news on iPhone sales, but traders in the options market are not running scared.

Fiat Chrysler Automobiles on Tuesday reported a better-than-expected rise in first-quarter operating profit on strong North America performance and confirmed its full-year guidance.

Dow component Procter & Gamble reported a 3Q profit of $0.86 per share, topping the estimate for $0.82. Revenue for the company came in at $15.8 billion, matching Wall Street expectations.

Diversified manufacturer 3M Co reported a 2.2 percent fall in quarterly revenue as sluggish economic growth in emerging markets including China hurt demand and a strong dollar eroded the value of sales from outside the United States.

T-Mobile US reported a 10.6 percent rise in quarterly revenue as heavy discounts helped the No.3 wireless carrier attract more customers.

Whirlpool posted a lower than expected quarterly net profit on Tuesday, as cost and capacity reductions were offset by soft demand in emerging markets and unfavorable currency exchange, the company said.

DuPont's first-quarter results beat Wall Street estimates and the chemicals and seed producer raised its full-year guidance as it sees lower currency impact than expected.

BP said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in the first quarter of the year, when oil prices touched a near 13-year low.

Printer and copier maker Xerox Corp reported a 4.2 percent fall in its quarterly revenue, hurt by a strong dollar.

Even with a spate of high-profile earnings disappointments in recent days from the likes of Caterpillar, Microsoft and Google's parent company, the profit recession that has dogged U.S. stocks since last fall is still expected to come to an end in the second half of this year.

Disappointing earnings reports from Microsoft and other major companies pushed Wall Street lower on Friday, overshadowing a surge in oil prices which lifted energy shares.

Hasbro reported first quarter 2016 earnings this week.

On Thursday, LinkedIn will report first-quarter results.

Image source: Halliburton Company.

AutoNation CEO Mike Jackson warned on Friday that automakers are “overly optimistic” in their sales goals, citing weaker retail demand in the first quarter.

With first-quarter earnings season well underway, Scott Martin, United Advisors chief market strategist, said investors should exercise caution when looking for opportunities to get into the market.

Having previously outlined that growth would be back-end-loaded in 2016, France-based 3D software company was under pressure to deliver in its first-quarter results.

Image source: Southwestern Energy investor presentation.

Image: Panera Bread.