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Earnings Outlook: Archive

Sheraz Mian

Will Earnings Estimates Finally Come Down?

Part of the uncertainty in the market at present is related to how earnings estimates should evolve in an aggressive Fed tightening cycle. The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.

MSFTPositive Net Change CRMPositive Net Change TGTPositive Net Change WMTPositive Net Change LENPositive Net Change

Sheraz Mian

Looking Ahead to the Q2 Earnings Season as the Fed Hikes Rates

Excluding the hefty contribution from the Energy sector, total Q2 earnings for the rest of the S&P 500 index are expected to be down -5.1% on +7.4% higher revenues...

MSFTPositive Net Change CRMPositive Net Change TGTPositive Net Change WMTPositive Net Change

Sheraz Mian

Breaking Down the Tech Sector's Earnings Outlook

Technology stocks have been at the receiving end of the ongoing market reset in response to the Fed's tightening policy. Here's what to expect from tech earnings going forward...

AMZNPositive Net Change AAPLNegative Net Change MSFTPositive Net Change GOOGLNegative Net Change

Sheraz Mian

The Sectors Enjoying Positive Estimate Revisions Amid Economic Headwinds

Q2 earnings estimates have gone up for 6 sectors, with the biggest gains in the Energy sector, followed up by...

CSXNegative Net Change LUVPositive Net Change JBHTPositive Net Change

Sheraz Mian

Making Sense of Target, Walmart and Disappointing Retail Results

Disappointing results from bellwether retailers have raised questions about the health of the consumer in the current inflationary environment. But the issue appears to be one of execution by the failing operators...

TGTPositive Net Change WMTPositive Net Change HDPositive Net Change

Sheraz Mian

A Stable Earnings Picture Despite the Market Selloff

Looking at Q1 as a whole, total S&P 500 earnings are expected to be up +9.3% on +13.4% higher revenues. This is a significant deceleration from what we have been seeing in the preceding quarters...

AMZNPositive Net Change AAPLNegative Net Change MSFTPositive Net Change GOOGLNegative Net Change

Sheraz Mian

Tech Earnings Outlook Amid Nasdaq Turmoil

Tech earnings have been mixed, but there are plenty of areas in the sector that are still thriving.

AMZNPositive Net Change NFLXNegative Net Change SPYPositive Net Change

Sheraz Mian

Breaking Down the First Quarter Earnings Season So Far

Excluding the -16.3% decline in Finance sector earnings, Q1 earnings for the rest of the index members that have reported would be up +15.4%.

GEPositive Net Change NFLXNegative Net Change HCAPositive Net Change

Sheraz Mian

Earnings Estimates Come Under Pressure Outside of Energy

Looking at Q1 as a whole, total S&P 500 earnings are expected to be up +6.6% on +11.1% higher revenues. This is a significant deceleration from what we have been seeing in the preceding quarters...

GEPositive Net Change NFLXNegative Net Change HCAPositive Net Change

Sheraz Mian

How Are Companies Navigating the Inflationary Waters?

We discuss what impact the ongoing inflationary trends is having on the earnings picture.

NFLXNegative Net Change PGNegative Net Change TSLANegative Net Change

Sheraz Mian

Positive Surprises at Covid Lows

Bigger-than-expected cost pressures are causing an above-average proportion of companies to miss earnings estimates at this stage in the 2022 Q1 season.

HALPositive Net Change NFLXNegative Net Change BKRPositive Net Change

Sheraz Mian

Mixed Start to Q1 Earnings Season

The JPMorgan (JPM) earnings 'miss' is hardly an outlier development in the 2022 Q1 reporting cycle. What we are seeing at this admittedly early stage is that while companies are easily beating top-line estimates, they seem to be having a hard time doing the same with consensus EPS estimate...

GSNegative Net Change BACNegative Net Change WFCNegative Net Change JPMNegative Net Change

Sheraz Mian

Are Earnings Estimates Going Down?

Excluding the negative revisions to the Finance sector, 2022 Q1 estimates for the remaining sectors would be up +0.6%. On the flip side, aggregate quarterly estimates would be down -1.7% had it not been for the positive revisions to the Energy sector estimates.

BACNegative Net Change JPMNegative Net Change CNegative Net Change

Sheraz Mian

Keeping Track of The Earnings Revisions Trend

Earnings growth was all along expected to decelerate in the current and coming periods on account of normalization and tough comparisons. But now macroeconomic headwinds are adding to the moderating growth outlook.

GEPositive Net Change LUVPositive Net Change LVSNegative Net Change HLTPositive Net Change

Sheraz Mian

Q1 2022 Earnings Season Gets Underway

Total S&P 500 earnings for the first quarter of 2022 are expected to be up +3.6% from the same period last year on +10.1% higher revenues.

GEPositive Net Change LUVPositive Net Change LVSNegative Net Change HLTPositive Net Change

Sheraz Mian

Corporate Earnings, Inflation & Ukraine

We discuss what impact the ongoing inflationary trends and the situation in Ukraine is having on the earnings picture.

TGTPositive Net Change WMTPositive Net Change LOWPositive Net Change HDPositive Net Change JWNPositive Net Change

Sheraz Mian

Pressure on Earnings Estimates: What Sectors are Most Impacted?

Estimates have been going down for 9 of the 16 Zacks sectors since the start of the year, with the biggest declines in the Consumer Discretionary, Utilities, Transportation, and Conglomerates sectors...

GEPositive Net Change LUVPositive Net Change LVSNegative Net Change HLTPositive Net Change

Sheraz Mian

A Rising Energy Sector Offsets Declines Elsewhere

Energy sector estimates had been going up as a result of rising oil prices, even before the Ukraine situation and we can see this within all of the major players in the sector...

GEPositive Net Change LVSNegative Net Change HLTPositive Net Change

Sheraz Mian

Looking Ahead to the 2022 Q1 Earnings Season

Total S&P 500 earnings for the first quarter of 2022 are expected to be up +3.7% from the same period last year on +9.5% higher revenues...

QQQPositive Net Change SPYPositive Net Change

Sheraz Mian

Record Earnings in Q4 Despite Economic Headwinds

The aggregate total is on track to reach a new all-time quarterly record, which would mark the third quarter in a row of record dollar earnings...

QQQPositive Net Change SPYPositive Net Change

Sheraz Mian

Taking Stock of the Earnings Picture Amid the Market Rebound

On the guidance front, while a few notable operators stand out for providing a weak outlook, most companies have been able to offer reassuring, if not altogether positive, guidance...

AAPLNegative Net Change MSFTPositive Net Change GOOGLNegative Net Change

Sheraz Mian

A Strong and Resilient Earnings Picture Amid Market Volatility

The picture emerging from the Q4 earnings season is one of continued strength and momentum. Despite the well-known headwinds...

AAPLNegative Net Change MSFTPositive Net Change GOOGLNegative Net Change

Sheraz Mian

The Earnings Picture Remains Strong Despite Market Downturn

The picture emerging from the Q4 earnings season is one of continued strength and momentum. Despite the well-known headwinds of cost pressures and logistical bottlenecks, an above-average proportion of companies have been able to beat EPS and revenue estimates...

JPMNegative Net Change MSFTPositive Net Change

Sheraz Mian

The Major Forces Affecting Corporate Profits

In addition to update on the Q4 earnings season, we discuss the different earnings drivers.

GSNegative Net Change JPMNegative Net Change MSNegative Net Change

Sheraz Mian

Big Wall Street Banks Provide Mixed Start to Q4 Earnings Season

Higher-than-expected costs at JPMorgan (JPM) and Goldman Sachs (GS) haven't turned out to be an industry-wide trend...

GSNegative Net Change JPMNegative Net Change