Pepsi and Netflix Kick Off Second-Quarter Earnings Season
We also have big names in finance and healthcare on our radar.
Commentary
Mentioned: Netflix Inc (NFLX)
, PepsiCo Inc (PEP)
, Bank of America Corp (BAC)
, Citigroup Inc (C)
, BlackRock Inc (BLK)
, Wells Fargo & Co (WFC)
, Johnson & Johnson (JNJ)
, JPMorgan Chase & Co (JPM)
As the second quarter ends, another season of earnings begins with a report from PepsiCo (PEP) on Monday, followed by reports from Johnson & Johnson (JNJ) and Netflix (NFLX) on Thursday. We also expect to see earnings reports from financial-services giants on Tuesday and Thursday, and BlackRock (BLK) closes the week with its report on Friday.
Snacks have become a haven for consumers during the pandemic and quarantine, leaving companies like PepsiCo in a better position than others. During the market turbulence, the wide-moat company has been able to focus on its strategic priorities.
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Carole Hodorowicz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.