Most eyes have been on the White House this week, as Donald Trump pulled the United States from the Paris Climate Deal. Still, Wall Street hasn’t stopped chugging higher.
The S&P 500 Index tacked on another 2.3% even as the numbers showed job creation stalled in May. Earnings reports continue to trickle out, too.
I know I keep saying it, but we’re firmly in the final throes of the first-quarter earnings season. 99% of S&P 500 companies have reported earnings for Q1, with 75% beating on the bottom line and 64% besting sales estimates.
As we head into Q2, we’re seeing the smallest cuts to estimates since 2014, with Q2’s 2.5% EPS cuts besting the five- and ten-year averages of 3.5% and 4.2%, respectively.
But let’s not get ahead of ourselves. Take a look at three companies that have likely flew under your radar, but remain important indicators to keep an eye on as we finish out the season.