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via seekingalpha.comMarkets

Earnings scorecard: 17 of 20 industrial companies beat EPS estimates this week

FROM THE WIRE · SEEKINGALPHA.COM

Industrial companies remained in the spotlight this week as investors digested quarterly results from General Electric (GE [https://seekingalpha.com/symbol/GE]), Lockheed Martin (LMT [https://seekingalpha.com/symbol/LMT]), RTX (RTX [https://seekingalpha.com/symbol/RTX]), 3M (MMM…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA broad beat rate on industrial earnings contrasts with the sector's weakness over the week.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01XLI fell 2.3% over the past week, versus a 1% decline in the S&P 500.
  2. 02YTD, XLI returns 6.3% while the S&P 500 has gained nearly 12%.
  3. 03Companies reporting include GE, Lockheed Martin, RTX and 3M.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
State Street Industrial Select Sector SPDR ETFXLIETF164.62 USDMarket closedtoday -1.27%Neutral S&P 500INDEX:SP500Index7,623.68Market closedtoday -0.52%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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