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Kate: We think earnings in the second half of 2019 are going to be solid but not spectacular.

Kate: We actually think companies are doing a good job of managing through some of the challenges that have arisen over the last few months and in particular, higher wages and higher costs due to tariffs. Overall, with earnings not expected to grow as fast as they were last year or in the last few years, companies are likely to be able to eke out small gains, but not dramatic gains. In our view, that's enough, though, that it should help investors and help stocks continue to rise over the rest of the year.

There's been a dizzying number of earnings reports today!

AT&T (T - Get Report) posted adjusted earnings in the second quarter of 89 cents a share, meeting analysts' estimates. Revenue in the quarter rose 15% to $45 billion.  Also today,Tesla (TSLA - Get Report)  , Boeing (BA - Get Report) , Facebook (FB - Get Report)  , Ford (F - Get Report) , Caterpillar (CAT - Get Report)  , Celgene (CELG - Get Report) , Allergan (AGN - Get Report)  , PayPal (PYPL - Get Report) , Northrop Grumman (NOC)  , General Dynamics (GD - Get Report)  and United Parcel Service (UPS - Get Report) .

And while most investors are focused on Q2, it's never to early to be thinking about Q3 and Q4.

As part of TheStreet's Special Report: Wall Street's Second Act, we asked Kate Warne, Investment Strategist at Edward Jones for her thoughts on what investors can expect for the rest of 2019.  She said it will be solid, but not 'spectacular'.

Here's the video transcript:

"Companies are likely to be able to eke out small gains, but not dramatic gains. In our view, that's enough, though, that it should help investors and help stocks continue to rise over the rest of the year," Warne said.

Want to hear the full clip and what else Kate Warne had to say?  Watch the video above.

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