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Q3 earnings season shifts into gear this week. The calendar is heavy with financials, and several major names report within 24 hours of each other.
JNJ kicks off Monday morning, reporting Q3 results at 6:45am ET on October 13. The $630bn pharma giant sets the tone. UnitedHealth Group follows on the same morning at 8:00am, with its earnings call taking on extra weight given ongoing scrutiny over insurance costs. Progressive Corporation reports its September monthly results on Tuesday.
Tuesday and Wednesday are dominated by financials. Bank of America releases Q3 numbers on October 14, the second-biggest bank by assets after JPMorgan. and also report that morning.
Charles Schwab follows on Wednesday the 15th. Bank of New York Mellon reports the same day at 6:30am. European names add to the mix: Ericsson and Nordea Bank both publish Q3 numbers Wednesday morning.
J.B. Hunt Transport Services reports Thursday after the close. Freight volumes make this a useful read on goods demand. Truist Financial, Regions Financial and M&T Bank all report Thursday, completing a near-total sweep of mid-size US lenders.
No significant IPOs are scheduled for the week. ORTEX Index Rebalance Radar flags an ACV Auctions Russell 3000 deletion expected around October 19, with an announcement possible as early as Monday.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.