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The second-quarter earnings season kicks off on Tuesday with better-than-expected earnings results from the beverage and snack giant PepsiCo (NASDAQ: PEP). The company's net revenue rose 5.2% to $20.23 billion in the second quarter and raised its full-year revenue forecast.
Moving ahead, major airline carrier Delta Air Lines (NYSE: DAL) is scheduled to announce Q2 results on Wednesday, July 13th, before the market open. On the other hand, the big US investment bank's earnings season for the second quarter of the financial year 2022 will also start this week as the investors anxiously waiting for the bank's last quarter financial results as the Central banks around the world are raising interest rates to control inflation.
The largest bank in the United States JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE: MS) coming out with its June quarter numbers on July 15th. Other banks including Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) are both scheduled to report earnings in July. 16. Bank of America Corp (NYSE: BAC) and Goldman Sachs Group Inc (NYSE: GS) plan to announce their fourth-quarter financial results on Monday, July. 18.
Check out the original article here - https://gulfbrokers.com/en/pepsico-kicks-off-q2-earnings-season
- Earnings per share: $1.86 vs. $1.74 expected
- Revenue: $20.23 billion vs. $19.51 billion expected
Moving ahead, major airline carrier Delta Air Lines (NYSE: DAL) is scheduled to announce Q2 results on Wednesday, July 13th, before the market open. On the other hand, the big US investment bank's earnings season for the second quarter of the financial year 2022 will also start this week as the investors anxiously waiting for the bank's last quarter financial results as the Central banks around the world are raising interest rates to control inflation.
The largest bank in the United States JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE: MS) coming out with its June quarter numbers on July 15th. Other banks including Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) are both scheduled to report earnings in July. 16. Bank of America Corp (NYSE: BAC) and Goldman Sachs Group Inc (NYSE: GS) plan to announce their fourth-quarter financial results on Monday, July. 18.
Check out the original article here - https://gulfbrokers.com/en/pepsico-kicks-off-q2-earnings-season