**Most S&P 500 Industrial Stocks Deliver Earnings Beats This Week**
Most S&P 500 industrial companies reporting this week surpassed earnings expectations. Among the 21 industrial firms that reported results, only United Rentals (URI) and GE Vernova (GEV) missed their earnings estimates.
On the revenue front, six companies fell short of expectations. Despite this, the Industrial Select Sector SPDR® Fund (XLI) has gained almost 18% year-to-date, significantly outperforming the broader S&P 500, supported by strong earnings and sales performances from most industrial companies.
Several major industrial players have updated their outlooks this week:
– **GE Aerospace**, **3M**, **RTX**, and **Honeywell** have raised their profit or revenue guidance.
– **Lockheed Martin** lowered its full-year free cash flow guidance.
Looking ahead, analysts expect **Boeing** to report a loss per share in its upcoming earnings release, while **Caterpillar** is forecasted to report lower year-over-year earnings, although both companies have provided revenue guidance.
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**Recommended For You: Related Stocks**
– Industrial Select Sector SPDR® Fund (XLI)
– Vanguard Industrials Index Fund ETF (VIS)
– iShares U.S. Industrials ETF (IYJ)
– Fidelity MSCI Industrials Index ETF (FIDU)
Stay tuned for more trending news and analysis on the industrial sector.
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