Earnings Season Kickoff with Levi Strauss and Delta Air Lines

This week marks the beginning of the first-quarter earnings season, with Levi Strauss & Co. and Delta Air Lines leading the charge. Their financial disclosures will provide early insights into how recent tariff implementations by the Trump administration are affecting corporate America.

Levi Strauss Sets the Stage

Levi Strauss is scheduled to release its quarterly results after the market closes on Monday. Analysts are forecasting earnings of $0.28 per share, a 7.7% increase from the previous year, despite an expected 1.3% decline in revenue to $1.54 billion.

Delta Air Lines in the Spotlight

Midweek, Delta Air Lines will share its financial performance. The airline is anticipated to report adjusted earnings per share of $0.41, slightly down from last year, alongside a 1% revenue growth to $13.90 billion.

Banking Giants Take Center Stage

Friday will see a flurry of activity from the financial sector, with BlackRock, JPMorgan, Wells Fargo, and Morgan Stanley all reporting their first-quarter earnings before the market opens. Morgan Stanley is expected to shine with a 14.9% profit increase to $2.32 per share, while Wells Fargo may see a dip to $1.22 per share.