Companies Are Demolishing Earnings Expectations Left And Right This Morning

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Another day: More good earnings.

First up is Ford, which handily surpassed estimates on the top and bottom lines.

Totally unrelatedly, luxury handbag maker Coach is out with a strong report, and a hike to its dividends, suggesting that the high-end shopper is still robust.

P.S.: And here’s another one: UnderArmor just beat earnings.

P.P.S: Remember when higher commodity prices were supposed to slam earnings this quarter?

MORE: 3M strong. Cummins Engine, super strong.

Markets, which had been a little weak earlier, are now pointed nicely higher.