CIBR - ETFs to Watch: Earnings due out from Home Depot Cisco Walmart and Deere

2023-05-14 16:38:30 ET

Quarterly earnings season has slowed down, but several big names remain on the docket for next week. The list of high-profile companies includes industry players like Home Depot ( NYSE: HD ), Cisco Systems ( NASDAQ: CSCO ), Walmart ( NYSE: WMT ) and Deere & Co. ( NYSE: DE ).

Any earnings beats or disappointments could lead to price swings in the broader sectors these stocks represent. As such, the reports could provide key catalysts for exchange traded funds tied to those names.

Here are some key ETFs to keep on the radar during next week's round of earnings:

ETFs attached to Home Depot

Home Depot ( HD ) is scheduled to announce its latest quarterly update on Tuesday, May 16. The home improvement retailer is expected to deliver EPS of $3.87 along with revenue of $36.8B.

HD can be observed in 323 exchange traded funds. Below are the five funds that have the heaviest weightings in the company (listed with the stock's weighting within that ETF):

• iShares U.S. Consumer Focused ETF ( IEDI ) at 11.17%.
• Consumer Discretionary Select Sector SPDR Fund ( XLY ) at 8.63%.
• VanEck Retail ETF ( RTH ) at 7.58%.
• Vanguard Consumer Discretionary ETF ( VCR ) at 7.40%.
• Direxion Daily Consumer Discretionary Bull 3x Shares ( WANT ) at 7.30%.

ETFs attached to Cisco Systems

Cisco Systems ( CSCO ) is also prepared to provide Wall Street with its latest earnings figure next week. The California-based communications technology maker is scheduled to provide its earnings figures on Wednesday, May 17, and the consensus calls for a bottom-line figure of $0.97 per share. Meanwhile, Wall Street projects revenue of $14.4B.

There are currently 386 different exchange traded funds that contain CSCO. Here are the five funds that provide investors with the heaviest concentration toward the stock:

• ProShares Ultra Telecommunications ( LTL ) at 18.12%.
• iShares U.S. Telecommunications ETF ( IYZ ) at 17.52%.
• iShares North American Tech-Multimedia Networking ETF ( IGN ) at 9.01%.
• Pacer Data and Digital Revolution ETF ( TRFK ) at 8.31%.
• First Trust NASDAQ Cybersecurity ETF ( CIBR ) at 5.74%.

ETFs attached to Walmart

Retailing giant Walmart ( WMT ) is slated unveil its quarterly earnings numbers on Thursday, May 18. Economists project that the company will disclose EPS of $1.30 and revenue of $148.5B.

WMT can be seen in 257 exchange traded funds. Here are the five funds that have the highest weightings towards the retail firm:

• QRAFT AI-Enhanced U.S. Large Cap Momentum ETF ( AMOM ) at 7.72%.
• iShares U.S. Consumer Focused ETF ( IEDI ) at 7.54%.
• Fidelity MSCI Consumer Staples Index ETF ( FSTA ) at 7.43%.
• Vanguard Consumer Staples ETF ( VDC ) at 7.31%.
• VanEck Retail ETF ( RTH ) at 6.45%.

ETFs attached to Deere & Co

Also scheduled to provide earnings data will be shares of Deere & Company ( DE ). DE is slated to announce its latest figures on Friday, May 19. The agricultural manufacturing firm is anticipated to provide EPS of $8.53 and revenue of $14.86B.

DE can be observed in 269 exchange traded funds. Below are the five funds that have the heaviest weightings in the company.

• iShares MSCI Agriculture Producers ETF ( VEGI ) at 21.21%.
• First Trust Indxx Global Agriculture ETF ( FTAG ) at 9.35%.
• VanEck Agribusiness ETF ( MOO ) at 7.53%.
• ClearBridge Focus Value ESG ETF ( CFCV ) at 6.68%.
• VanEck Natural Resources ETF ( HAP ) at 5.69%.

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