Market Wrap-up for Apr. 25 – We’re Halfway Through Q1 Earnings

It’s been a whirlwind of a week on Wall Street, with investors digesting a slew of earnings and economic reports amid rising geopolitical tensions between Ukraine and Russia. So far, more than 45% of the S&P 500 companies have reported first quarter earnings, and with more earnings on the way, we take a look back to highlight some of the most important trends so far this season.

Q1 Earnings Highlights

To sort through all of the earnings, we’ve broken down which top companies beat, missed, or reported mixed earnings:

Beat the Street:

Wells Fargo & Co (WFC) reported earnings of $1.05 per share and revenue of $21.26 billion. Citigroup (C) posted EPS of $1.30 and revenue of $20.124 billion. Johnson & Johnson (JNJ) reported earnings of $1.54 and revenue of $18.4 billion. Bank of America (BAC) managed to post EPS of $0.35 (adjusted basis) and revenue of $22.77 Union Pacific Corp (UNP) posted earnings of $2.55 per share and revenue of $5.6 billion. Goldman Sachs (GS) reported EPS of $4.02 and revenue of $9.33 billion. Morgan Stanley (MS) posted EPS of $0.68 and revenue of $8.93 billion. Blackrock (BLK) reported earnings of $4.43 per share and revenue of $2.67 billion. Halliburton (HAL) posted EPS of $0.73 and revenue of $7.3 billion. Travelers Cos, Inc. (TRV) reported EPS of $2.95 and revenue of $6.71 billion. SanDisk Corp (SNDK) posted earnings of $1.14 per share and revenue of $1.51 billion. PepsiCo (PEP) reported EPS of $0.83 and revenue of $12.62 billion. Comcast (CMCSA) posted EPS of $0.71 and revenue of $17.41 billion. AT&T (T) managed to post EPS of $0.70 and revenue of $32.5 billion. Boeing (BA) posted EPS of $1.28 per share and revenue of $20.465 billion. Caterpillar (CAT) reported earnings of $1.61 per share and revenue of $13.24 billion. Apple (AAPL) posted EPS of $11.62 and revenue of $45.6 billion. Microsoft (MSFT) reported EPS of $0.68 and revenue of $20.4 billion.

Missed the Mark:

Alcoa (AA) reported EPS of $0.09 and revenue of $5.45 billion. JP Morgan (JPM) posted earnings of $1.28 per share and revenue of $23.86 billion. E.I. Du Pont De Nemours (DD) posted earnings of $1.54 per share and revenue of $10.1 billion. Northern Trust (NTRS) reported EPS of $0.75 and revenue of $1.04 billion. McDonald’s (MCD) reported earnings of $1.21 per share and revenue of $6.70 billion. 3M (MMM) posted profit of $1.79 per share and revenue of $7.8 billion.

Mixed Results:

Intel (INTC) posted earnings of $0.38 per share and revenue of $12.8 billion. Coca-Cola Company (KO) reported EPS of $0.44 and revenue of $10.58 billion. U.S. Bancorp (USB) reported earnings of $0.73 per share and revenue of $4.814 billion. PNC Financial Services Group (PNC) posted EPS of $1.82 per share and revenue of $3.78 billion. International Business Machines (IBM) posted earnings of $2.54 and revenue of $22.484 billion. American Express (AXP) reported earnings of $1.33 per share and revenue of $8.2 billion. Phillip Morris International (PM) posted EPS of $1.19 and revenue of $6.9 billion. General Electric (GE) reported EPS of $0.33 and revenue of $34.18 billion. Kimberly-Clark Corp. (KMB) posted earnings of $1.48 per share and revenue of $5.3 billion. Capital One Financial (COF) reported EPS of $1.96 and revenue of $5.37 billion. Yum! Brands (YUM) posted EPS of $0.87 and revenue of $2.72 billion. Bank of New York Mellon (BK) reported earnings of $0.57 per share and revenue of $3.647 billion. Lockheed Martin (