Author: Amit Singh

Amit Singh began writing for Market Realist in 2017. He covers the consumer sector.

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

Chipotle is scheduled to report its third-quarter earnings on October 22. Despite the rise in the stock, Chipotle's earnings could drive the stock more.

Nike's manufacturing network has over 525 factories. Products move from several distribution centers across a network of thousands of retail accounts.

Nike (NKE) has a positive earnings surprise history. In simple terms, the company has beat Wall Street’s earnings estimates in the past several quarters.

Giving it a competitive advantage, Nike’s pricing power is supported through premium innovation and a shift toward the direct-to-consumer business.

Procter & Gamble was up 27.9% YTD on October 16, outperforming the broader markets by a wide margin. PG plans to announce its Q1 earnings on October 22.

Philip Morris reported mixed third-quarter results before the markets opened. The company posted revenues of $7.64 billion—up 1.8% YoY.

Coca-Cola (KO) is scheduled to report its third-quarter earnings on Friday. The company’s top-line growth rate could accelerate more in the third quarter.

Bank of America (BAC) had an impressive third-quarter performance. The bank’s revenues and earnings beat analysts' expectations.

Lower revenues dragged Goldman Sachs's third-quarter earnings down. The company's earnings missed analysts' estimates and fell 24% YoY.

Bank of America Merrill Lynch upgraded Nike stock (NKE) to “neutral” from “underperform" yesterday and raised its target price to $98 from $70.