Roughly 30% of the S & P 500 is slated to report. So far, the reporting period has been mixed. While more than 73% of the companies that have reported have beaten estimates, overall Q1 growth is on pace to remain flat year on year, FactSet data shows. Analysts expected growth of more than 3% heading into the season. Among the companies on deck to post results are Meta Platforms, Tesla and General Motors.
"Same-store sales should accelerate into the seasonally strong spring season, as the company benefits from faster throughput, the Easter shift, and higher pricing in California," Saleh wrote last month. What history shows: Chipotle has beaten earnings expectations for four straight quarters, per Bespoke. Ford Motor is set to report earnings after the close. Management is slated to hold a call at 5 p.m. Last quarter: F topped earnings estimates and issued solid guidance for the year.
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