Pepsi and Netflix Kick Off Second-Quarter Earnings Season
We also have big names in finance and healthcare on our radar.
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.
Carole Hodorowicz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.