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More Than 100 Blue-Chips Are Reporting Earnings This Week
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More Than 100 Blue-Chips Are Reporting Earnings This Week
Earnings season is in full swing, with 102 companies in the benchmark S&P 500 index reporting earnings this week, according to LSEG.
Tuesday’s highlights include airlines, health insurers and transportation specialists:
UnitedHealth booked charges related to a restructuring and a major cyberattack, and warned annual sales could fall.
General Motors took more write-offs over electric vehicles but reported expectation-beating income.
UPS posted higher quarterly profit than a year earlier, despite charges tied to retiring an aircraft fleet, and guided for higher revenue this year.
American Airlines suffered a $325 million revenue hit from the government shutdown, but issued an upbeat outlook for this year.
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