Levi Strauss & Co., Delta Air Lines, and major US banks are set to release their earnings this week, offering insight into the start of the first-quarter reporting season. This will be the first batch of earnings since the Trump administration announced the implementation of tariffs, providing a glimpse into how such policies may impact corporate results.
Levi Strauss will kick off the week with its first quarter results on Monday, after markets close. The apparel company is expected to post earnings of $0.28 per share, reflecting a 7.7% annual rise, though revenue is forecast to dip 1.3% to $1.54 billion. Delta Air Lines will follow midweek, releasing its results on Wednesday. Analysts anticipate adjusted EPS of $0.41, slightly below last year’s performance, with a modest 1% uptick in revenue to $13.90 billion.
Financial sector results will dominate Friday. BlackRock, JPMorgan, Wells Fargo, and Morgan Stanley will all publish first-quarter figures before the opening bell. Analysts expect Morgan Stanley to report a 14.9% yearly increase in profit per share to $2.32, while Wells Fargo's EPS is forecast to fall to $1.22.
