Pepsi and Netflix Kick Off Second-Quarter Earnings Season
We also have big names in finance and healthcare on our radar.
As the second quarter ends, another season of earnings begins with a report from PepsiCo (PEP) on Monday, followed by reports from Johnson & Johnson (JNJ) and Netflix (NFLX) on Thursday. We also expect to see earnings reports from financial-services giants on Tuesday and Thursday, and BlackRock (BLK) closes the week with its report on Friday.
Snacks have become a haven for consumers during the pandemic and quarantine, leaving companies like PepsiCo in a better position than others. During the market turbulence, the wide-moat company has been able to focus on its strategic priorities.
Carole Hodorowicz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.