These companies set to report next week typically beat earnings estimates and trade higher

Published Fri, Apr 8 20222:36 PM EDTUpdated Fri, Apr 8 20222:41 PM EDT

The corporate earnings season kicks off next week, and some of the companies slated to report have a history of beating estimates — and trading higher on the back of those results. Investors will dive into company reports in search of some clarity from corporate America after a volatile first quarter and a choppy start to the second quarter. Investors are also still digesting an aggressive stance against inflation by the Federal Reserve, while weighing the possibility of a recession in the year ahead. Given this backdrop, CNBC Pro reviewed data from Bespoke Investment Group to figure out which companies have a history of outperforming earnings expectations and trading higher on the back of those results. Take a look at the names below: Ally Financial The online bank surpasses earnings estimates 81% of the time, sending its stock price up roughly 0.7% on average, according to Bespoke data. Ally Financial performed in-line with other consumer lenders last quarter, said Piper Sandler analysts on Wednesday, who expect a "slight" earnings beat from the company due to its lower operating expenses. Shares for the online bank are down 9.4% year to date. The online bank will report quarterly earnings Thursday morning. BlackRock The world's largest asset manager historically beats 78% of the time on earnings, gaining nearly 1% after disclosing its report, according to Bespoke. BlackRock 's stock price has cratered 19.4% this year, and Morgan Stanley analysts said in a note Friday that the backdrop is not favorable for traditional asset managers. Companies such as BlackRock are "most exposed among our coverage to market uncertainty and macro themes/risk-off given their mostly market sensitive revenues. We're listening for commentary around institutional pipeline, gross sales trends, and mgmt confidence to sustain organic growth," Morgan Stanley said. The asset manager reports Wednesday. Delta Air Lines The major airline carrier has reported an earnings beat 69% of the time, according to Bespoke data. Delta shares surge by 1.54% on average after surpassing estimates. Shares of Delta are down 5.5% this year, as Covid variants raise questions about the outlook for global travel and the conflict between Russia and Ukraine drives up fuel prices. The airline company reports earnings Wednesday before the open. Morgan Stanley The investment bank exceeds earnings expectations 80% of the time, jumping an average of 0.9% following the report's release, Bespoke data showed. Morgan Stanley shares have been under pressure this year, falling more than 14%. The bank will report before the bell Thursday. UnitedHealth The health insurance company beats earnings expectations 93% of the time, after which its stock has enjoyed an average gain of 0.8%. UnitedHealth 's stock is up 9.1% this year, outperforming the Dow Jones Industrial Average and S & P 500. The firm will report Thursday morning. Washington Federal The regional bank reports better-than-expected earnings 88% of the time, according to Bespoke, and shares for the company jump an average 0.7% after earnings are released. This year, shares for Washington Federal declined 6.1%. The firm reports Thursday. —CNBC's Michael Bloom contributed to this report.

A Delta Air Lines Airbus A350-900 plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020.

Loren Elliott | Reuters

The corporate earnings season kicks off next week, and some of the companies slated to report have a history of beating estimates — and trading higher on the back of those results.