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Earnings Preview: Archive

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Retail Earnings Loom: What's in Store?

We have started seeing signs of stress at the lower end of income distribution, and one can intuitively project moderation in consumer spending as the economy further slows down under the weight of tighter monetary conditions.

AMZNNegative Net Change TGTNegative Net Change WMTNegative Net Change

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Q3 Results Reflect Positivity, But Outlook Uncertain

Estimates for 2023 Q4 and following quarters have started to come down, which follows a relatively stable revisions trend over the preceding six months.

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change NVDANegative Net Change TSLANegative Net Change GOOGLNegative Net Change METAPositive Net Change

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Q3 Earnings: Tech Sector in Focus

Strong Q3 results from mega-cap Tech players have helped the aggregate Q3 earnings growth rate for the S&P 500 index turn positive in recent days. Regarding the 'Big 7', Apple and Nvidia now represent the final members of the group yet to report.

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change NVDANegative Net Change TSLANegative Net Change GOOGLNegative Net Change METAPositive Net Change

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Previewing Big Tech Earnings: What Can Investors Expect?

With several big-tech companies on deck to report September-quarter results this upcoming week, it's sure to be a busy period. But how do expectations currently stack up?

AMZNNegative Net Change MSFTNegative Net Change NVDANegative Net Change GOOGLNegative Net Change METAPositive Net Change

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Analyzing Positive Bank Earnings: An Uncertain Outlook

Commentary from the banks surrounding the economic outlook reflected tentativeness, citing continued downside risks but also acknowledging the economy's resiliency and increasing odds of a 'soft landing.'

WFCNegative Net Change JPMNegative Net Change CPositive Net Change

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Analyzing Q3 Earnings & Higher Interest Rates

The push higher in yields has been reflective of the higher-for-longer Fed view, which in turn has been driven by the U.S. economy's extraordinary resilience.

JPMNegative Net Change DALPositive Net Change PEPNegative Net Change

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The Q3 Earnings Season Gets Underway

The Q3 reporting cycle has begun, with results from 16 S&P 500 members out as of September 29th. But the cycle will really pick up steam when the big banks start coming out with their quarterly numbers in mid-October.

NKEPositive Net Change CAGNegative Net Change ADBENegative Net Change FDXNegative Net Change STZNegative Net Change

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Analyzing the Fed & Current Earnings Expectations

We see the seemingly hawkish Fed posture as nothing more than an insurance policy that will come in handy should the recent favorable momentum on the inflation front start stalling.

NKEPositive Net Change COSTNegative Net Change ADBENegative Net Change FDXNegative Net Change

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Previewing the Q3 Earnings Season

The overall earnings picture has unfolded much more positively and favorably than many thought possible just a few quarters back. Are there surprises looming?

ORCLPositive Net Change ADBENegative Net Change FDXNegative Net Change LENPositive Net Change

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Handicapping Q3 Earnings: What to Expect

For Q3, S&P 500 earnings are currently expected to decline by -1.5% from the same period last year on +0.7% higher revenues. However, on an ex-Energy basis, earnings growth in Q3 would actually be positive.

KRNegative Net Change AINegative Net Change DOCUPositive Net Change

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Breaking Down the Construction & Housing Earnings Picture

Unsurprisingly, the Fed's extraordinary tightening cycle has been impacting the earnings picture for construction and housing. Where do we go from here?

PWRNegative Net Change LENPositive Net Change

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Why Are Stocks Moving Lower?

Higher interest rates and mortgage rates are undoubtedly a headwind for the market. Still, many stocks will thrive even in a high-rate environment if the reason for higher rates is economic growth and positive momentum.

AMZNNegative Net Change LOWNegative Net Change NVDANegative Net Change ULTANegative Net Change

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Retail Earnings Looming: What to Expect

One recurring theme in the Q2 earnings season has been the continued resilience and stability of the U.S. consumer. We heard this from the banks, the leisure and hospitality players, and consumer-facing digital operators. Will retail say the same?

TGTNegative Net Change WMTNegative Net Change

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Technology Sector Market Gains Are Driven by Fundamentals

A notable feature of the Q2 earnings season has been the absence of widespread negative guidance that a section of the market has persistently been afraid of.

NVDANegative Net Change GOOGLNegative Net Change METAPositive Net Change

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Green Shoots Emerging From the Earnings Landscape

With a little over half of June-quarter results already out, we can confidently call the overall earnings picture reassuringly stable and resilient.

AMZNNegative Net Change AAPLPositive Net Change SBUXPositive Net Change UBERPositive Net Change

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Will Big Tech Earnings Keep the Rally Going?

An important part of Tech's improved earnings outlook over the last few months has been a function of more effective cost controls that have helped stabilize margins. But how will the market react?

MSFTNegative Net Change NVDANegative Net Change GOOGLNegative Net Change SNAPNegative Net Change METAPositive Net Change

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Q2 Earnings Season: A Good Start So Far

There was plenty to like from the banks, with the resilient economy helping keep credit demand positive and higher interest rates allowing them to charge more for those loans.

WFCNegative Net Change JPMNegative Net Change CPositive Net Change

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The Q2 Earnings Season Kicks Off

The June quarter earnings reporting cycle will start grabbing the market's attention this week, with JPMorgan and other big banks coming out with their Q2 results.

WFCNegative Net Change JPMNegative Net Change CPositive Net Change

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The Earnings Picture Refuses to Weaken

With inflation steadily coming down and the labor market staying fairly strong, many in the market are starting to bet on the 'soft landing' scenario.

NKEPositive Net Change ADBENegative Net Change FDXNegative Net Change

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Breaking Down The Big 7 Tech Players' Outsized Roles

This elite group of 7 mega-cap companies currently accounts for 27.5% of the S&P 500 index's total market capitalization and is expected to bring in 16.2% of the index's total earnings this year.

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change NVDANegative Net Change TSLANegative Net Change GOOGLNegative Net Change METAPositive Net Change

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An Early Glance Into Q2 Earnings

While 2023 Q2 estimates have come down, the magnitude of negative revisions compares favorably to what we saw in the comparable periods of previous quarters.

COSTNegative Net Change AZOPositive Net Change

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Q1 Earnings: Can Artificial Intelligence (AI) Sustain Momentum?

The analysts covering Nvidia (NVDA) are struggling to come up with superlatives to describe the chipmaker's blockbuster quarterly results. Can the AI momentum sustain?

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change NVDANegative Net Change GOOGLNegative Net Change METAPositive Net Change

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Dissecting Retail Earnings and Shifting Consumer Spending Trends

It is no surprise that the combined weight of elevated inflation, rising interest rates, and uncertainty about the economy has forced consumers to change their spending behavior.

TGTNegative Net Change WMTNegative Net Change FLPositive Net Change

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Retail Earnings Looming: What to Expect

There is undoubtedly stress at the lower end of income distribution. Given this development, one can intuitively project moderation in consumer spending as the economy further slows down under the weight of tighter monetary conditions.

AMZNNegative Net Change TGTNegative Net Change WMTNegative Net Change

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Q1 Earnings: Energy Sector in Focus

Crude oil prices appear to be reversing last week's losses, but prices are down significantly from the year-earlier level. What does this tell us?

BPNegative Net Change CVXNegative Net Change XOMNegative Net Change