3 Stocks To Watch In The Coming Week: JPMorgan, PepsiCo, Delta Air Lines – Investing.com

3 Stocks To Watch In The Coming Week: JPMorgan, PepsiCo, Delta Air Lines – Investing.com

With US major indices trading at record-high levels, the upcoming week will be mostly about earnings, as some of the nation's largest companies release their latest quarterly numbers. 

Earnings estimates for the just-completed quarter were up 7.3% from the start of April to $45.03 a share for the members of the Index heading into this past week, according to data compiled by FactSet. 

Despite the upbeat sentiment in the market, the spread of a highly contagious coronavirus variant, and the possibility of the Federal Reserve cutting back on its monetary stimulus, are some of the risks that could thwart the ongoing rally in equities. 

Below, we've short-listed three stocks from different sectors which we’re monitoring as the Q2 earnings season begins:

1. JPMorgan Chase

Global lender JPMorgan Chase (NYSE:) will report its second-quarter earnings on Tuesday, July 13, before the market open. Analysts expect the Wall Street powerhouse to report $3.16 a share profit on sales of $29.96 billion.

The international investment bank is emerging much stronger after the caused by the global pandemic, helped by its trading division and fees from its corporate and investment banking groups. JPMorgan Q2 earnings come after the Federal Reserve gave the