By market cap, these are four of the 10 biggest S & P 500 names, making their earnings releases much more significant than others. Roughly 17% of the S & P 500 has reported calendar first-quarter earnings thus far, with 76% of those companies beating expectations, according to FactSet. To be sure, this week could make or break this earnings season given the size of the Big Tech names reporting.
However, the stock fell after the company's last two quarterly reports were released, including a 7.7% drop on Oct. 26. Wednesday Boeing is set to report earnings before the bell, with a call slated for 10:30 a.m. ET. Last quarter: BA reported a quarterly loss, pressured by labor and supply chain issues . This quarter: Boeing's revenue is expected to have grown by more than 20%, per Refinitiv.
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Why company earnings are so upbeat despite recession, credit-crunch risksThe earnings season is off to a strong start even as recession looms and a credit squeeze sets in. Here's why, according to experts.
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