Earnings scorecard: 33 out of 37 industrial companies beat EPS estimates this week

Industrial companies remained in the spotlight this week as investors digested quarterly results from major names, including Boeing (BA), Caterpillar (CAT [https://seekingalpha.com/symbol/CAT]), United Parcel Service (UPS [https://seekingalpha.com/symbol/UPS]), and FedEx (FDX [https://seekingalpha.com/symbol/FDX]) reported earnings during the week. The Industrial Select Sector SPDR ETF (XLI [https://seekingalpha.com/symbol/XLI]) gained 0.3% over the past week, compared with a 1.3% decline in the S&P 500 (SP500 [https://seekingalpha.com/symbol/SP500#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]). On a YTD basis [https://seekingalpha.com/symbol/XLI/charting?interval=YTD], XLI has recorded 7.