Earnings Update: GM and GE Increase Forecasts, Coca-Cola Surpasses Earnings Expectations

Reported about 6 hours ago

As earnings season unfolds, major companies including General Motors and General Electric have boosted their guidance, signaling a positive outlook. Coca-Cola's stock also rose after reporting better-than-expected earnings in a challenging environment. Analysts predict an 8.5% increase in earnings per share across S&P 500 companies for the third quarter, despite mixed results from other sectors such as consumer products and financial services. This week features significant earnings reports from notable companies, further shaping market expectations.

Source: YAHOO

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