S&P 500 earnings activity accelerated, with 86% of reporting firms beating EPS estimates and 79% posting year-over-year profit growth. Key highlights include Palantir's 29.5% surge on strong commercial demand, Disney's gain on EPS beat and buyback boost, and Airbnb's double beat. Conversely, CVS, AMD, Uber, and Kraft Heinz saw share declines despite earnings beats due to guidance concerns or broader market weakness.
Earnings Scoreboard: 86% of S&P 500 reporting firms top EPS estimates as 79% post Y/Y profit growth
Login to unlock419characters for free
Due to copyright restrictions, please log in to your Longbridge account to view this content.
Thank you for your understanding and support of licensed content.