Five out of six companies deliver EPS wins this week: Earnings Scorecard

Wall Street’s major averages opened on an indecisive note on Friday, as President Donald Trump will soon decide about a U.S. strike on Iran, while investors weighed the Federal Reserve’s rate decision.

Trump is expected to decide within two weeks on a possible U.S. strike on Iran amid the latter’s conflict with Israel. Investors took some relief from this after talks of the U.S. entering the tensions hurt sentiments.

Wall Street on Wednesday erased modest gains to end little changed, after Federal Reserve Chair Jerome Powell said uncertainty stemming from tariffs continued to call for a “wait-and-see” approach to monetary policy actions. The Fed left its policy rate at 4.25%-4.50% on Wednesday for a fourth straight meeting.

Amidst escalating tensions in the Middle East and the latest Fed decision, investors received some hope from the earnings front. Out of the six S&P 500 companies that reported earnings this week, five of them surpassed EPS expectations.

Earnings Roundup:

Let’s take a look at the quarterly performance of the companies that reported earnings this week.

Accenture (NYSE:ACN) reported revenue of $17.7B for the quarter ended May 31 that beat analysts estimates by $380M. However, new bookings of $19.7B fell 6% in U.S. dollars and 7% in local currency, and were below estimates of $20.03B.

The company is facing challenges from a sluggish U.S. federal contracting landscape, as the Trump administration has slowed new awards and reduced existing agreements to curb federal spending.

Jabil (NYSE:JBL)’s third quarter results and outlook crushed expectations as the original equipment manufacturer takes advantage of strong data center demand.

For the quarter ended May 31, Jabil reported adjusted earnings per share of $2.55 versus the consensus estimate of $2.32. Revenue for the quarter totaled $7.83B, which represented a year-over-year increase of 15.7%.

Kroger (NYSE:KR) reported Q1 Non-GAAP EPS of $1.49 beating estimates by $0.03, while total company sales were $45.1 billion in the first quarter compared to $45.3 billion for the same period last year.

Lennar Corporation (NYSE:LEN) turned in mixed fiscal Q2 results, with earnings missing consensus and revenue topping the average analyst estimate. The outlook for Q3 was also uneven.

The company expects fiscal Q3 deliveries of 22,000-23,000 homes, and new orders of 22,000-23,000.

Q2 EPS was $1.90, compared with the average analyst estimate of $1.94. Revenue for the quarter ended May 31, 2025, was $8.38B, topping the $8.19B consensus.

Earnings next week:

About ten companies are set to report earnings next week, including names such as FactSet Research (NYSE:FDS), and Commercial Metals (NYSE:CMC) on Monday. Tuesday will include reports from FedEx (NYSE:FDX), Carnival Corp (NYSE:CCL), and BlackBerry (NYSE:BB), while Micron (NASDAQ:MU), Paychex (NASDAQ:PAYX), and Daktronics (NASDAQ:DAKT) will report earnings on Wednesday.

Thursday will include names like Nike (NYSE:NKE), Walgreens Boots (NASDAQ:WBA), and Concentrix (NASDAQ:CNXC), while Apogee (NASDAQ:APOG), and Quhuo (NASDAQ:QH) will report results on Friday.