US Stocks: Big corporations announce better-than-expected earnings

Second quarter earnings season continue with the following results on Friday (via Reuters):

  • American Airlines: - Adj EPS: $1.92 (Est $1.87) - Revenue: $11.11B (Est $11.08B)
  • Abbvie: - Adj EPS: $1.42 (Est $1.40) - Revenue: $6.94B (Est $6.92B)
  • Goodyear Tire & Rubber: - Adj EPS: $0.70 (Est $0.70) - Revenue: $3.69B (Est $3.70B)
  • Exxon Mobil: - Adj EPS: $0.78 (Est $0.84) - Revenue: $62.87b (Est $61.92B)

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US: Real GDP growth to accelerate to 2.5% q-o-q - Nomura

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