Earnings season is in full swing as Tesla, Netflix, General Motors, Ford, and others release results this week. So far, 12% of S&P 500 companies have reported, with analysts predicting an 8.5% EPS increase for Q3, lower than Q2’s 12% growth. Expectations were slightly lower at 7.9% for the quarter.

Netflix, Tesla, GE Aerospace, Coca-Cola, Ford, General Motors, and Intel headline the earnings calendar this week, covering a wide range of sectors from airlines to consumer plays. Reports are expected to provide updates on consumer spending and economic trends.

A variety of companies are set to release quarterly results, including Philip Morris, RTX Corporation, Intuitive Surgical, Texas Instruments, Capital One, Lockheed Martin, and more. These reports will give insights into their performance and market trends.

Netflix stock fell after missing earnings estimates, while Mattel stock dropped 5% due to an earnings and revenue miss. On the other hand, GE Vernova saw a rise in stock after reporting robust orders and backlog, indicating growth in AI infrastructure.

Hilton reported a profit beat with subdued room occupancy, while AT&T exceeded subscriber estimates with bundled plans and iPhone promotions. Intuitive Surgical also beat earnings estimates on strong demand for surgical robots.

Texas Instruments stock tanked on a soft Q4 outlook, while Capital One’s earnings beat estimates, causing its stock to rise. Philip Morris saw a decline in cigarette volumes but growth in smoke-free products, leading to a drop in stock. 3M raised its earnings outlook, and Halliburton’s stock popped on a profit beat.

GE Aerospace stock rose after a huge profit beat and raised guidance, while Coca-Cola stock saw gains despite a challenging environment. GM stock jumped on upbeat guidance, and Northrop raised its profit forecast due to strong demand. Elevance and Zions Bancorp also reported positive results in their earnings.

Ally Financial noted consumers holding up better than expected, with record auto financing applications and improved credit performance. The bank saw an increase in revenue and EPS, indicating positive performance in Q3.

Read more at Yahoo Finance: Netflix stock dives, AT&T, GE Vernova, and Hilton rise as Tesla earnings loom