So the earnings crunch continues, and here's a look at some companies scheduled to report results this week that are anticipated to be big winners and losers in terms of earnings growth.

Analysts surveyed by Thomson Financial expect the following to report strong earnings growth when compared to the same period of the previous year.

• Apache Corp. (NYSE: APA): $4.10 EPS (+53.9%) on revenue of $3.8 billion (+54.6%)
• EOG Resources Inc. (NYSE: EOG): $2.34 EPS (+50.0%) on revenue of $1.7 billion (+62.2%)
• Avon Products Inc. (NYSE: AVP): $0.47 EPS (+44.7%) on revenue of $2.6 billion (+11.5%)
• Goodyear Tire & Rubber Co. (NYSE: GT): $0.62 EPS (+43.5%) on revenue of $5.3 billion (+7.0%)
• Hess Corp. (NYSE: HES): $2.76 EPS (+38.4%) on revenue of $8.3 billion (+14.6%)
• Murphy Oil Corp. (NYSE: MUR): $2.19 EPS (+35.2%) on revenue of $7.8 billion (+126.2%)
• Noble Energy Inc. (NYSE: NBL): $2.08 EPS (+34.6%) on revenue of $1.0 billion (+40.1%)
• U.S. Steel Corp. (NYSE: X): $3.91 EPS (+32.0%) on revenue of $5.9 billion (+39.6%)
• Corning Inc. (NYSE: GLW): $0.49 EPS (+30.6%) on revenue of $1.7 billion (+21.3%)
• Exxon Mobil Corp. (NYSE: XOM): $2.52 EPS (+27.4%) on revenue of $144.4 billion (+46.8%)

Clearly expectations are high for oil and energy. Other companies expected to report double-digit earnings growth include Chevron Corp. (NYSE: CVX), CVS Caremark Corp. (NYSE: CVS), NYSE Euronext Inc. (NYSE: NYX), Verizon Communications Inc. (NYSE: VZ), and Aetna Inc. (NYSE: AET).

Analysts expect these companies to report a significant decline in quarterly profits.

• Office Depot Inc. (NYSE: ODP) $0.04 EPS (-90.7%) on revenue of $3.6 billion (-1.7%)
• DreamWorks Animation SKG Inc. (NYSE: DWA) $0.23 EPS (-61.7%) on revenue of $121.7 million (-45.3%)
• Eastman Kodak Co. (NYSE: EK) $0.16 EPS (-60.0%) on revenue of $2.4 billion (-2.9%)
• Tyson Foods Inc. (NYSE: TSN) $0.12 EPS (-60.0%) on revenue of $7.0 billion (+0.6%)
• Moody's Corp. (NYSE: MCO) $0.47 EPS (-38.2%) on revenue of $467.6 million (-27.6%)
• Marathon Oil Corp. (NYSE: MRO) $1.51 EPS (-32.9%) on revenue of $23.6 billion (+40.0%)
• Sun Microsystems Inc. (NYSE: JAVA) $0.26 EPS (-27.8%) on revenue of $3.8 billion (-1.4%)
• Meredith Corp. (NYSE: MDP) $0.76 EPS (-27.6%) on revenue of $404.6 million (-5.6%)

Most if not all of these companies are struggling with economic conditions. Note Marathon bucking the trend of oil companies as it takes a derivatives-related charge. Other companies expected to report double-digit earnings declines this week include Sony Corp. (NYSE: SNE), Washington Post Co. (NYSE: WPO), and MetLife Inc. (NYSE: MET).

Other economic data scheduled to be released this week:

• Consumer confidence index (July 2008): Tuesday 10:00 a.m.
• U.S. GDP (Q2): Thursday 8:30 a.m.
• Employment situation (July 2008): Friday 8:30 a.m.
• ISM Manufacturing survey (July 2008): Friday 10:00 a.m.
• Construction spending (July 2008): Friday 10:00 a.m.
• New motor vehicle sales (July 2008): Friday 4:00 p.m.

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