Major US Corporates Report Strong Q1 Earnings and Upgraded Financial Guidance

Major US corporations reported mixed Q1 results, with OKE posting an EPS of $1.23, missing consensus expectations despite raising its net income guidance through 2026. Following the report, analysts from Scotiabank and Morgan Stanley increased their price targets for OKE, signaling long-term confidence. In the travel sector, BKNG delivered double-digit growth across earnings and bookings, successfully offsetting ongoing geopolitical headwinds. Meanwhile, FE saw its revenues climb 10.5% to $4.2 billion, meeting core EPS estimates while reaffirming its full-year financial outlook. These results underscore the resilience of large-cap entities amid a shifting economic landscape. Investors remain focused on whether this earnings momentum can be sustained throughout the remainder of the fiscal year.