Despite Strong Start To Earnings Season, EPS Estimates Continue To Slide

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As we enter Week 2 of earnings season, 30 S&P 500 companies, or 9% of earnings have reported, of which the most notable so far include four Financials and two Industrials reporting results last week, with only Wells Fargo missing EPS estimates.

Among the earlier reported, JPMorgan beat on sales and EPS, topping expectations across most businesses; likewise, Delta Air Lines confirmed consumer strength, citing strong

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