Business

First Quarter Financial Showdown: Delta Air Lines and Major Banks Set to Unveil Earnings Amid Tariff Impacts

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 results will provide early insights into how recent tariff implementations by the Trump administration are affecting corporate performance.

Levi Strauss to Report After Markets Close

On Monday, Levi Strauss is expected to announce earnings of $0.28 per share, a 7.7% increase from last year, despite a projected 1.3% decline in revenue to $1.54 billion.

Delta Air Lines Midweek Update

Delta Air Lines will share its quarterly results on Wednesday, with analysts forecasting adjusted EPS of $0.41, slightly down from the previous year, alongside a modest 1% revenue increase to $13.90 billion.

Financial Giants Take the Stage on Friday

The week concludes with earnings reports from BlackRock, JPMorgan, Wells Fargo, and Morgan Stanley. Morgan Stanley is anticipated to see a 14.9% yearly profit per share rise to $2.32, while Wells Fargo's EPS may drop to $1.22.