(Photo credit:Steven Depolo)

Tuesday – Micron Technology

Micron Technology (MU) leads a handful of notable names reporting earnings this week on Tuesday. Last year Micron posted record earnings on revenue that came in 80% higher than 2013's yearly results.

In the first 3 years of the decade Micron struggled to meet expectations as the demand for PC's fell hindering Micron's DRAM flash memory business. Demand for PCs is continuing to fall overall, but in 2013 Micron Technology's business picked up speed.

In the quarter reported 1 year ago Micron saw its revenue rise 120% year over year. When Micron reports Tuesday it will be going up against its highest comp in the past 2 years by far, yet the Estimize community still predicts that sales will grow by another 13%. On the bottom line Estimize contributors are forecasting 94 cents in earnings per share, which would be a 20% jump higher from the 77 cents reported this time last year.

Tuesday – Sonic

Drive-in fast food joint Sonic (SONC) is also slated for a Tuesday afternoon report. The purveyors of slushes and hot dogs have been getting by just fine lately despite the issues that plague the industry as more consumers switch from greasy burgers to healthier fast casual alternatives like Panera Bread (PNRA) and Chipotle (CMG).

Sonic has managed to squeeze out earnings 1 cent per share higher than the Wall Street consensus in each of its last 3 earnings periods. Tuesday analysts on Estimize are looking for a 4th straight period where earnings narrowly top the Street's view.

Earnings of 17 cents per share would reflect a 4 cent (31%) gain compared to the 13 cents in EPS announced in Sonic's first fiscal quarter of last year.

Wednesday – Monsanto

Analysts on Estimize are looking for big numbers from Monsanto (MON) on Wednesday. The Estimize consensus expectation is for the agricultural and chemical company to report earnings of 47 cents per share, which is 13 cents (38%) higher than the Wall Street Consensus.