earnings report to watch week 20-25 August 2012

earnings report results to watch week 20-25 August 2012 : U.S. stock advances are expected to run into resistance next week, following the longest winning streak since January 2011, as a lack of fresh incentives and opacity in Europe catch up with equities.

With the earnings season winding down, corporate news is likely to have less sway on stocks than in previous weeks.

Among notable companies slated to report results next week are Dell Inc. (DELL) and Hewlett-Packard Co. (HGH.XX) Dell, due to announce after the closing bell on Tuesday, is projected to turn in a second-quarter profit of 45 cents a share, on revenue of $14.7 billion, according to FactSet.

Hewlett-Packard, scheduled for Wednesday, is estimated to have earned 98 cents a share on revenue of $30.19 billion in the fiscal third quarter.

A number of retailers are also on tap to release quarterly results, including Lowe's Cos. (LOW), Urban Outfitters Inc. (URBN), Barnes & Noble Inc. (BKS), Best Buy Co. (BBY), American Eagle Outfitters Inc. (AEO), Guess Inc. (GES), Pacific Sunwear of California Inc. (PSUN), Big Lots Inc. (BIG), and Williams-Sonoma Inc. (WSM).

Of the 474 companies that have reported second-quarter earnings so far, 71% have reported better than expected earnings, while only 42% have reported sales above the mean estimate

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