With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture for the back half of the year is looking unusually complicated.
It's been a 'meh' quarter so far We have the usual beat on bottom-line earnings, but revenue beats are below expectations.
Most companies are beating on earnings estimates but are declining to hike full-year guidance beyond the beat.
Plenty of complaints about a slowing China consumer A weak China economy has been a significant headwind for a number of global companies this season.
Procter & Gamble's China sales tumbled 8% from a year ago as consumer spending slowed.
Persons:
It's, Sherwin, Williams, Lockheed Martin, Chipotle, Isaac, CDW, Clorox, – Hershey, Kraft Heinz, Mondelez, General Mills, Smucker, McDonald's, Wendy's, Bob, Wyndham, Mills, Marriott, LVMH, haven't
Organizations:
GE Aerospace, Hasbro, Lockheed, Verizon, Mattel, IBM, Juniper Networks, Enphase Energy, NXP Semiconductors, Accenture, Oracle, Procter, Gamble, PepsiCo, ConAgra Brands, Bank of America, MGM Resorts, Comcast, Marriott, Airlines, Allegiant, Ryanair, Gamble's, Starbucks, Visa, Nike, Vegas Sands
Locations:
J.M, Atlantic City, China, Gamble's China, Greater China, Japan, Macao, Marina, Sands, Singapore