Earnings live: Delta Air Lines and JPMorgan Chase set to launch the fourth quarter earnings season

Q4 Earnings Season Begins: Key Reports to Watch

The fourth quarter earnings season officially gets underway on Tuesday, with Delta Air Lines (DAL) and JPMorgan Chase (JPM) set to release their latest financial results. Later in the week, several major banks are also scheduled to announce their earnings, making for a busy period on Wall Street.

Market sentiment is increasingly positive, as analysts on Wall Street anticipate that S&P 500 (^GSPC) companies will post an average earnings per share increase of 8.3% for the fourth quarter, according to FactSet. Should this projection be met, it would mark the tenth straight quarter of annual earnings growth for the index.

In the lead-up to this earnings season, analysts have revised their forecasts upward, particularly for technology firms, which have been the primary drivers of recent earnings gains. As of September 30, the consensus forecast for S&P 500 Q4 earnings growth was 7.2%.

While large technology companies remain influential, this round of earnings will also test the broader market strength that has emerged at the start of 2026. Additionally, the same factors that shaped markets in 2025—such as advancements in artificial intelligence, the Trump administration’s policy agenda, tariffs and economic measures, and a K-shaped consumer economy—will continue to influence investor decisions.

This week, a number of leading financial institutions will report their results. Alongside Delta and JPMorgan, Bank of New York Mellon (BK) will share its earnings on Tuesday. Wednesday brings updates from Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC). On Friday, BlackRock (BLK), Goldman Sachs (GS), and Morgan Stanley (MS) will round out the week’s major financial reports.

This Week’s Earnings Highlights

A wave of earnings announcements from top financial firms signals the unofficial start of the reporting season. Investors will also gain early insights into the airline sector, semiconductor companies, and logistics providers as more corporate results are released throughout the week.

Earnings Calendar for the Week of January 12

• Tuesday: JPMorgan Chase (JPM), BNY Mellon (BK), Delta Air Lines (DAL), Concentrix Corporation (CNXC), Phoenix Education Partners (PXED)
• Wednesday: Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), Infosys (INFY), Bitmine Immersion Technologies (BMNR), Home Bancshares (HOMB), Platinum Group Metals (PLG)
• Thursday: Taiwan Semiconductor Manufacturing Company (TSM), Goldman Sachs (GS), Morgan Stanley (MS), BlackRock (BLK), JB Hunt Transport Services (JBHT), First Horizon Corporation (FHN)
• Friday: PNC Financial (PNC), State Street (STT), M&T Bank (MTB), Wipro (WIT), Regions Financial (RF), BOK Financial (BOKF)