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Earnings Preview: Archive

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Breaking Down Earnings Amid Fed Tightening, Economic Slowdown Fears

There are some in the market that can't see the Fed getting on top of the inflation problem without pushing the economy into a recession. Yet, a recessionary outcome for the economy is neither the consensus view, nor what the Zacks economic team is projecting at present...

KRPositive Net Change

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Breaking Down the Earnings Outlook After Retailers Disappoint

The stock market has been merciless in response to disappointing Q1 results, with Walmart (WMT) and Target (TGT) the most recent victims. Here's how the earnings outlook is shaping up near the end of the Q1 earnings season...

AMZNNegative Net Change TGTPositive Net Change EBAYPositive Net Change EXPEPositive Net Change

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Previewing Retail Sector Earnings as Inflation Climbs

With respect to the Retail sector's 2022 Q1 earnings season scorecard, we now have results from 21 of the 34 retailers in the S&P 500 index. Here's how the companies are performing so far and what to expect...

TGTPositive Net Change WMTPositive Net Change CVSPositive Net Change COSTPositive Net Change

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The Energy Sector is Surging: How Sustainable Are Earnings?

There is no surprise why these companies are enjoying the sunshine, given what's been happening to oil and natural gas prices lately. But what's next?

CVXNegative Net Change XOMNegative Net Change

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Making Sense of Tech Sector Earnings After a Big Week of Results

Total Q1 earnings for the 'Big 5 Tech' players are down -8.4% from the same period last year on +11.4% higher revenues, with a 421 basis-points (bps) compression in net margins

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change GOOGLPositive Net Change TDOCPositive Net Change

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Previewing Tech Earnings After Netflix's Fiasco

The rude shock from the streaming giant has put the spotlight on other Tech leaders that are on deck to report March-quarter results next week.

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change KOPositive Net Change LUVPositive Net Change NFLXNegative Net Change MMMPositive Net Change PEPPositive Net Change GOOGLPositive Net Change

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Making Sense of Bank Earnings Amid Market and Economic Uncertainty

For the Zacks Major Banks industry, which includes Citi and JPMorgan and accounts for roughly 40% of total Finance sector earnings, total Q1 earnings are on track to be down -32.9% from the same period last year on +0.6% higher revenues.

GSNegative Net Change JPMPositive Net Change CNegative Net Change

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Can Bank Stocks Get Their Mojo Back with Q1 Results?

For the Zacks Major Banks industry, which includes these major banks and accounts for roughly 45% of the Finance sector's earnings, 2022 Q1 earnings are expected to decline -36.2% on -1.4% lower revenues.

GSNegative Net Change BACPositive Net Change JPMPositive Net Change

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Making Sense of the Earnings Uncertainty

With respect to estimate revisions, Q1 estimates would have come down since the start of the period had it not been for the offsetting upward revisions to Energy sector estimates.

CAGPositive Net Change STZPositive Net Change LWPositive Net Change

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Breaking Down the Outlook for S&P 500 Margins

Revisions to the 2022 Q1 estimates are mixed, with estimates for 9 of the 16 Zacks sectors going down since the start of January, with the Consumer Discretionary, Transportation and Aerospace sectors suffering significant estimate cuts...

JPMPositive Net Change PAYXPositive Net Change MUPositive Net Change WBAPositive Net Change

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A Cloudier Earnings Outlook

The outlook for earnings had started easing even before the recent geopolitical developments. We saw this in the revisions trend, which had been mixed at best.

JPMPositive Net Change NKEPositive Net Change DRINegative Net Change ORCLPositive Net Change FDXNegative Net Change

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What to Expect from the Q1 2022 Earnings Season

The expectation currently is for 2022 Q1 estimates to be up +3.7% from the same period last year on +9.8% higher revenues...

JPMPositive Net Change ORCLPositive Net Change COSTPositive Net Change AZONegative Net Change FDXNegative Net Change LENNegative Net Change

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Previewing the 2022 Q1 Earnings Season

The outlook for earnings had started easing even before the recent geopolitical developments. The expectation currently is for 2022 Q1 earnings to be...

JPMPositive Net Change COSTPositive Net Change AZONegative Net Change SPYNegative Net Change

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Focusing on the Retail Sector as Q4 Earnings Season Winds Down

Total Q4 earnings for these retailers are up +53.6% from the same period last year on +7.5% higher revenues, with 80% beating EPS estimates and an equal proportion beating revenue estimates...

WMTPositive Net Change

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Tech Earnings Impress in the Face of Economic Headwinds

For the quarter, these Big 5 Tech companies combined earned $98.6 billion in earnings on $408.6 billion in revenues, representing year-over-year growth rates of +26.7% and +15.3%, respectively...

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change GOOGLPositive Net Change

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The Outlook for Tech Stocks in a Rising Rate Environment

Under this new monetary policy regime of shrinking liquidity and rising interest rates, high growth stocks in the Technology sector become less attractive. You can see this play out in the chart below...

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change GOOGLPositive Net Change

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3 Things to Know About the Q4 Earnings Season

It is this margins outlook that will determine how the revisions trend evolves through this earnings season, though estimates for the current period (2022 Q1) are holding up a lot better than was the case at the comparable time in the preceding quarter...

AAPLPositive Net Change MCDNegative Net Change

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Banks Provide Mixed Start to Q4 Earnings Season

We now have results from 17.6% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance sector companies are up +3.6% from the same period last year on +1.8% higher revenues...

JPMPositive Net Change CNegative Net Change

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Q4 Earnings Preview: What to Expect from JPMorgan and the Big Banks

Bank stocks have perked up lately, as the outlook for interest rates has become more favorable to the group's business. Here's what to expect from big banks such as JPMorgan's Q4 FY21 results...

WFCNegative Net Change JPMPositive Net Change CNegative Net Change BLKNegative Net Change

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Q4 Earnings Season Gets Underway

The aggregate quarterly earnings estimate has been coming down, after 'peaking' in mid-October...

DRINegative Net Change FDXNegative Net Change

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The Retail Sector Margin Squeeze

All of the big retailers had to spend more to keep shelves stocked, with freight expenses a major drag on margins and outlook...

AMZNNegative Net Change TGTPositive Net Change WMTPositive Net Change

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What's Going on with Earnings in Q4 and Beyond?

Even as estimates for 2021 Q4 have modestly come down, they continue to move up for next year...

TGTPositive Net Change WMTPositive Net Change NVDANegative Net Change

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Are Earnings Estimates Going Down?

Earnings and revenue growth has come down in the ongoing Q3 earnings season from the first-half's breakneck speed, but...

AMZNNegative Net Change DISPositive Net Change DRHPositive Net Change PYPLPositive Net Change

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Even Big Tech Has Supply Chain Problems

A recurring theme this earnings season has been supply-chain woes and shortages of essential inputs, as well as labor, with not even the mighty Apple (AAPL) and Amazon (AMZN) immune from the issues...

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change GOOGLPositive Net Change

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Previewing Big Tech Earnings: Apple, Microsoft and Other Giants

The chart below shows the earnings and revenue picture for this group of 5 companies in the aggregate, on a quarterly basis, with expectations for 2021 Q3 highlighted...

AMZNNegative Net Change AAPLPositive Net Change AMDPositive Net Change MSFTNegative Net Change SBUXNegative Net Change GOOGLPositive Net Change SNAPNegative Net Change SPOTNegative Net Change