Earnings live: Starbucks posts another US sales decline, Novo stock plunges, Big Tech giants on deck
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Earnings live: Starbucks posts another US sales decline, Novo stock plunges, Big Tech giants on deck
Second quarter earnings season is in full swing, and the results have been largely positive so far. Analysts expect S&P 500 companies to report a 5.6% jump in earnings per share during the second quarter. This week, investors will be treated to another flurry of quarterly results from Big Tech companies, including Microsoft and Apple.
Companies had a lower bar to clear coming into the quarter, as analysts tempered their expectations amid President Trump’s tariffs, stocks’ lofty valuations, and uncertainty about the health of the US economy.
This week, investors will be treated to another flurry of quarterly results from Big Tech companies, including Microsoft (MSFT), Apple (AAPL), Meta (META), and Amazon (AMZN). This week’s reports also include updates from Spotify (SPOT), Ford (F), Procter & Gamble (PG), Boeing (BA), Starbucks (SBUX), and Qualcomm (QCOM), among others.
Data from FactSet published Friday showed that with 34% of the index having reported results, analysts expect S&P 500 companies to report a 5.6% jump in earnings per share during the second quarter.
Heading into the quarter, analysts expected S&P 500 earnings to rise 5% in Q2, which would mark the slowest pace of earnings growth since the fourth quarter of 2023.
Here are the latest updates from corporate America.
LIVE
106 updates
Story Continues
For the latest earnings reports and analysis, earnings whispers and expectations, and company earnings news, click here
Read the latest financial and business news from Yahoo Finance
Earnings live: Starbucks posts another US sales decline, Novo stock plunges, Big Tech giants on deck
Second quarter earnings season is in full swing, and the results have been largely positive so far. Analysts expect S&P 500 companies to report a 5.6% jump in earnings per share during the second quarter. This week, investors will be treated to another flurry of quarterly results from Big Tech companies, including Microsoft and Apple.
Companies had a lower bar to clear coming into the quarter, as analysts tempered their expectations amid President Trump’s tariffs, stocks’ lofty valuations, and uncertainty about the health of the US economy.
This week, investors will be treated to another flurry of quarterly results from Big Tech companies, including Microsoft (MSFT), Apple (AAPL), Meta (META), and Amazon (AMZN). This week’s reports also include updates from Spotify (SPOT), Ford (F), Procter & Gamble (PG), Boeing (BA), Starbucks (SBUX), and Qualcomm (QCOM), among others.
Data from FactSet published Friday showed that with 34% of the index having reported results, analysts expect S&P 500 companies to report a 5.6% jump in earnings per share during the second quarter.
Heading into the quarter, analysts expected S&P 500 earnings to rise 5% in Q2, which would mark the slowest pace of earnings growth since the fourth quarter of 2023.
Here are the latest updates from corporate America.
LIVE
106 updates
Story Continues
For the latest earnings reports and analysis, earnings whispers and expectations, and company earnings news, click here
Read the latest financial and business news from Yahoo Finance