Business
Add as a preferred source on GoogleFifth Third Bancorp, Dynex Capital and Cleveland-Cliffs are among Monday’s expected reporters. FactSet projected reports from 79 S&P 500 companies for the week starting Oct. 19.
Fifth Third Bancorp (FITB), Dynex Capital (DX) and Cleveland-Cliffs (CLF) are expected to report before U.S. trading begins Monday, marking the start of the week’s earnings calendar.
FactSet’s Oct. 16 estimate projected reports from 79 S&P 500 companies for the week starting Oct. 19.
Reuters reported that the sector’s forward earnings multiple fell below the S&P 500’s for the first time since 2017, citing LSEG Datastream figures.
DraftKings cut its 2026 adjusted EBITDA forecast to $175 million-$275 million as it plans a $650 million-$700 million adjusted EBITDA investment in Predictions.
Assets under management climbed to $804 billion, while total revenue and insurance revenue declined from a year earlier.
