These stocks reporting next week have earnings momentum on their side

Datadog and Block are among the companies reporting their latest quarterly results next week that can count on earnings momentum as a catalyst. While most of the big names have already reported results, earnings season continues next week, with 121 companies in the S & P 500 on the docket to post earnings. Two that are also components of the Dow Jones Industrial Average — McDonald's and Walt Disney Co — are the week's headliners, while restaurant chains, media companies and gig economy platforms will also have a big showing. CNBC Pro screened data from FactSet to identify the S & P 500 companies reporting results next week that have seen accelerated earnings momentum lately. The stocks below had to meet the following criteria: Earnings estimates revised up by at least 10% in the past three and past six months Have an average analyst price target implying upside of at least 25% Have buy ratings from at least 55% of analysts covering the company One stock seeing improved earnings estimates is Datadog, which reports next Thursday . Shares of the software company have added 3% this year. Rothschild & Co. Redburn initiated coverage of the stock at a buy rating on April 23. "With a near-worst-case AI scenario priced in, we see Datadog as a structural winner due to its success in delivering product-led growth and its go-to-market track record," the firm wrote. …