Earnings season for the summer quarter is set to begin next week, with several of the biggest names scheduled to report results.

U.S. markets are closed on Saturday, with trading set to resume on Monday. Futures are expected to set the tone ahead of the open.

What Happened Over the Weekend

Delta Air Lines ($DAL) released its report on Friday and beat expectations: EPS of $1.56 versus a forecast of $1.48, and revenue of $17.7 billion versus $17.5 billion expected.

What to Watch This Week

Key reports coming as early as Monday and Tuesday include Netflix ($NFLX), UnitedHealth ($UNH), Citigroup ($C), Goldman Sachs ($GS), ASML, TSMC ($TSM), JPMorgan ($JPM), Progressive ($PGR), Bank of America ($BAC) and Wells Fargo ($WFC).

Volatility is expected to rise this week as earnings season moves into full swing.

The Bottom Line

The coming week will be packed with financial reports that could influence market direction. Investors will closely watch how the large companies respond to Q2 conditions.