Fifty-four S & P 500 companies are slated to report, including Tesla and Netflix. American and United Airlines are also on deck. Big banks JPMorgan Chase, Wells Fargo and Citigroup got the ball rolling last week, posting better-than-expected earnings. JPMorgan rose on the back of its results, but Wells and Citigroup ended Friday's session lower. Roughly 30 S & P 500 names have reported thus far, with 80% of them exceeding analyst expectations, according to FactSet.
Executives will detail the financial impact and expand on CEO Scott Kirby's recent announcements that the company will have to trim its schedule at the congested Newark airport. Still, travel demand has remained strong, and international trips, one of United's strengths, have been particularly robust. United will also give an update on outstanding labor contracts, including recent progress for a potential deal with pilots.
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