A mixed batch of second-quarter results Tuesday saw Boeing post a wider-than-expected loss on Air Force One cost overruns while UPS, Coca-Cola, PayPal, GSK and Hilton topped estimates and lifted their outlooks.
Coca-Cola, UPS and Hilton lifted their outlooks while CMS Energy, SCREEN Holdings and others posted misses, underscoring an uneven earnings season.
A dense day of first-half and Q2 results showed sharp gains for Bechtle, TeamViewer and SIG alongside declines at SCREEN Holdings, Lufax and Rexel.
A wave of H1 and Q1 reports showed European industrial and consumer names managing margins under pressure while several Asian companies posted standout growth.
The busiest week of Q2 earnings season arrives with S&P 500 profit growth leaning heavily on one company and Shein filing to go public despite a quarterly loss.