Last Friday, we wrote an earnings preview
in which we highlighted the most important earnings releases this week (out of the 50 earnings releases expected). We continue to expect US earnings to outstrip those in Europe and Asia where we expect real weakness with European earnings growth potentially slipping into negative territory.
Today sees UnitedHealth, JPMorgan Chase, Delta Air Lines and Wells Fargo as the most important releases to watch. JPMorgan Chase should most likely be a repeat of Citigroup’s results. From a macro perspective, Delta Air Lines is the most interesting.