US Stocks: Strong second quarter earnings continue to beat expectations

Eren Sengezer FXStreet

Second quarter earnings results from big corporations in the U.S. continue to beat market estimates on Friday. According to the latest reports (via Reuters):

General Electric Q2 17: EPS $0.28, +$29.60 Bln (Est: EPS $0.25 Rev $29.14 Bln)
Honeywell Q2 17: EPS $1.80, Rev $10.10 Bln (Est EPS $1.78, Rev $9.88 Bln)
Schlumberger Q2 17: EPS $0.35, Rev $7.5 Bln (EPS $0.30 , Rev $7.24 Bln)

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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