Earnings Season Kicks Off with High Stakes

This week marks the beginning of the first-quarter earnings season, with Levi Strauss & Co., Delta Air Lines, and leading US banks stepping into the spotlight. Their financial disclosures are highly anticipated, offering the first glimpse into how recent tariff implementations by the Trump administration might be affecting corporate America.

Levi Strauss and Delta Air Lines Lead the Charge

Levi Strauss is set to unveil its quarterly performance after Monday's market close, with analysts projecting a 7.7% increase in earnings per share to $0.28, despite a slight revenue decline. Delta Air Lines follows on Wednesday, expected to report a modest revenue growth, though its adjusted EPS might see a slight dip from last year's figures.

Banking Giants Take the Stage on Friday

The financial sector's heavyweights, including BlackRock, JPMorgan, Wells Fargo, and Morgan Stanley, are scheduled to release their earnings before Friday's market open. Morgan Stanley is forecasted to shine with a significant yearly profit increase, while Wells Fargo might face challenges with a projected decrease in EPS.