The Week Ahead: Heart of Earnings Season
We'll be watching as Boeing, Facebook, Alphabet, AT&T, and Amazon.com report.
After a week of mixed earnings reports, we head into the heart of earnings season with some major names expected to report.
We'll be watching Boeing (BA) on Wednesday, when the company is scheduled to release its second-quarter results. The worldwide grounding of the Boeing 737 Max jetliner is expected to have an impact on the firm's bottom line. The company said Thursday that it was taking a $4.9 billion aftertax charge to help compensate customers for disruptions that the grounding is causing. Morningstar is maintaining its $335 fair value estimate for the wide-moat stock.
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