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The Weekly Globe


/ 20 Jul 2020

The Weekly Globe

First week of US Earnings. In the first week of earnings season for 2Q 2020 there were a total of 28 companies in the S&P 500 that reported earnings, the majority of which were in the financial sector (~60%). However, the largest company by market capitalization to report earnings was Johnson & Johnson. For the companies reporting last week, revenues in total were 4.5% better than expected and earnings came in approximately 25% better than expected.

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