By Michael Calia 
 

A few big names are scheduled to report results in an otherwise light week for earnings, with Nike Inc. (NKE), Lennar Corp. (LEN), Carnival Corp. (CCL) and Discover Financial Services (DFS) leading the way.

On the economic front, markets will be keeping an eye on housing data, consumer sentiment and U.S. economic growth.

 
   Nike, Lennar, Carnival and Discover Reporting 

Nike, reporting Thursday, looks for another slam dunk with basketball-shoe sales soaring this year, with analysts polled by Thomson Reuters expecting revenue growth of 8%. Sporting goods retailer Finish Line Inc. (FINL), whose strong basketball results have helped mitigate lower demand for running gear, is due to report Friday.

Lennar is considered one of the top dogs in the homebuilder sector, consistently reporting double-digit revenue growth in recent periods amid a recovery in housing. Lennar, expected to post earnings growth of 13% on 41% in revenue growth, and fellow builder KB Home (KBH) report Tuesday.

Carnival, which split its chief executive and chairman roles earlier in the summer, is facing its third straight year of lower earnings as the cruise operator has been burdened by consumer uncertainty and high-profile mishaps. The company, which reports Tuesday, is expected to post a 15% decline in earnings with a 1% drop in revenue.

Discover Financial Services, which has been helped recently by fewer later credit card payments and increased loan growth, reports Thursday.

 
   Auto-related companies posting results 

CarMax Inc. (KMX), the biggest used-car dealer in the U.S., and AutoZone Inc. (AZO), the largest auto-parts dealer in the U.S., are due to report results as the auto industry appears set to return to an annual U.S. sales pace that was considered normal a decade ago.

 
   Other earnings to watch 

Open-source software provider Red Hat Inc. (RHT), home-goods retailer Bed Bath & Beyond Inc. (BBBY) and seasonings purveyor McCormick & Co. (MKC) are also scheduled to report.

 
   Expected IPOs 
 

This week's expected initial public offerings include biotech cancer-treatment developer Foundation Medicine Inc., data-management company Covisint Corp., eye-disease treatment developer Ophthotech Corp., wind-power company Pattern Energy Group Inc. and memory-based storage system producer Violin Memory.

 
   Economic data to watch 

The Standard & Poor's/Case-Shiller report for July, considered a key indicator of U.S. home prices, is scheduled for release Tuesday. The report for June showed continued growth but indicated a slower pace could be on the way. Figures for pending and new home sales for August are also on tap.

Markets will also get a look at the final take on the Thomson-Reuters/University of Michigan's September consumer sentiment data, due Friday. The early-September reading showed a bigger drop than expected.

Also in store is the third take on gross domestic product growth for the second quarter, which is scheduled to be released Thursday. Earlier data showed GDP growth for the quarter was at a 2.5% annual rate.

Write to Michael Calia at michael.calia@wsj.com

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