NatWest, AstraZeneca, Shopify, Coinbase: What to watch this earnings season

NatWest (NWG.L) is among the biggest fallers in the FTSE 100 today ahead of its earnings release on Friday. It fell about 2% in morning trade

NatWest shares (NWG.L) fell on Monday morning as it prepares to pay out around £350m in staff bonuses ahead of its earnings announcement on Friday.

The bank is expected to report a pre-tax profit of £6bn for the year with an income of £14.6bn, according to analysts' consensus from November.

The news comes after market jitters in October when the bank lowered its forecast net interest margin (NIM) for the year, causing its share price to drop.

AstraZeneca shares (AZN.L) slid on Monday morning, continuing a downward trajectory sparked last week by its earnings report.

DeutcheBank called its third quarter "thoroughly underwhelming" as the company's core earnings climbed 5% to $1.45 per share, missing analysts' expectations for $1.50 a share. Excluding the impact of exchange rates, earnings jumped 7%.

Stock was down about 1.8% this morning.

Shopify shares (SHOP) are set to rise in premarket on Monday ahead of its third quarter earnings announcement on Tuesday.

About 15% of the S&P 500 will report earnings this week, with Shopify being one of the first.

The stock closed 3.2% higher on Friday and is about 1.5% higher in premarket today. The share price is also up nearly 150% for the year to today.

Coinbase shares (COIN) edged up in premarket on Monday ahead of its third quarter earnings announcement on Thursday.

The crypto exchange will report its financials as markets continue to watch for knock-on effects of investment majors like BlackRock muscling in on spot Bitcoin ETFs earlier in the year.

Bitcoin's price jumped on Friday, lifting associated crypto stocks with it and leading to a more than 7% uplift for Coinbase.