Wall Street Breakfast: Q3 Earnings Season Begins10674.22

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on iTunes, Stitcher and SoundCloud (click the highlighted links).

The third quarter earnings season kicks off in earnest today on the heels of a backup in interest rates and a selloff on Wall Street. JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC), Citigroup (NYSE:C) and PNC Financial (NYSE:PNC) will all report before the bell, with U.S. futures getting a big bump overnight pending the results. Corporate tax cuts, strength in the U.S. economy, rising oil prices and share buybacks are expected to fuel double-digit earnings growth, but analysts will also be watching how often companies mention tariffs hurting their profits.

Original source

Add comment

Please Sign in to be able to leave comments.