The Earnings Watchlist
October 19th-23rd & SPCX Overview
Big-bank week came in strong on paper and still sold off. 15 of the 19 financials I tracked beat on EPS, yet most closed lower anyway. Citi beat on both lines and dropped 5.6%. Bank of America missed and fell 4.8%. State Street lost 4.1% and Wells Fargo 3.1%. Goldman beat EPS by more than $4 a share and ended flat. When good numbers can't lift a stock, expectations were already priced in.
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This is an archived edition. Dates, prices, and market commentary reflect its original publication. For the latest schedule, visit the earnings calendar.