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The decline on Monday comes as third-quarter earnings season nears its peak, with more than 100 S&P 500 companies set to report results this week, including Coca-Cola, Tesla, Boeing, and UPS.
The S&P 500's quarterly year-over-year earnings growth has beat expectations in 11 of the past 12 quarters, so expectations could be too high, according to Kostin. "As a result the magnitude of ...
Earnings from five of the"Magnificent Seven" tech stocks — Apple , Alphabet (GOOGL, GOOG), Microsoft , Amazon , and Meta — will highlight a packed week of quarterly reports. In all, 106 S&P ...
In the past month, analysts have trimmed first quarter earnings estimates by 1.4%, less than the five-year average of a 2.1% cut. 104 S&P 500 companies are slated to report earnings this week, per ...
Big Tech week. With 37% of the S&P 500 having reported quarterly results, the index is pacing for 3.7% year-over-year earnings growth. According to FactSet, this would be the slowest annual growth ...
The week will close with a slew of bank and financial services earnings from JPMorgan , Wells Fargo , Bank of America , BlackRock , and Citi to kick off fourth quarter earnings season.
Major Financial Companies to Report Q4 Earnings This Week. For premium support please call: 800-290-4726 more ways to reach us
The stock market's new record high will be challenged in the week ahead by a slew of corporate earnings reports and a fresh reading of the Fed's preferred inflation gauge.