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Earnings Preview: Archive

Sheraz Mian

Durable Earnings Growth Expected

The double-digit earnings growth expected in each of the next two years suggests the market isn't looking for a one-off rebound this year, but rather an enduring growth cycle...

GSPositive Net Change WFCPositive Net Change JPMNegative Net Change ORCLNegative Net Change COSTNegative Net Change WDFCPositive Net Change LEVIPositive Net Change

Sheraz Mian

Making Sense of Q2 Earnings Season Expectations

The strong earnings growth we saw in Q1 and the even stronger growth expected in Q2 is also reflective of genuine growth in the absolute sense.

JPMNegative Net Change NKENegative Net Change ORCLNegative Net Change COSTNegative Net Change FDXPositive Net Change SPYPositive Net Change

Sheraz Mian

Is It Just Easy Comps Giving Us Strong Earnings Growth?

Earnings growth was very strong in Q1 2021 and is expected to be even stronger in the Q2 reporting cycle, with comparisons to the comparable Covid-depressed periods of 2020 a major source of the growth.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Sheraz Mian

Q2 2021 Earnings Season Preview

Even relative to the pre-Covid 2019 Q2 period, 2021 Q2 earnings are expected to be up +7.9%...

AAPLNegative Net Change

Sheraz Mian

Looking Ahead to Q2 Earnings Season

You can see that 2021 Q2 earnings for the S&P 500 index are expected to be up +58.4% from the Covid-hit 2020 Q2 period...

NVDAPositive Net Change DGPositive Net Change COSTNegative Net Change AZONegative Net Change CRMPositive Net Change

Sheraz Mian

Revved Up Auto Sector Earnings Outlook

Total Q1 earnings for the sector were up +608.9% from the same period last year on +11% higher revenues...

TGTPositive Net Change HDPositive Net Change WMTNegative Net Change ORLYNegative Net Change TSLANegative Net Change KMXPositive Net Change

Sheraz Mian

Earnings Boom for Housing and Construction

The goal in this piece is to share with you the very impressive Q1 results and rising estimates outlook for the economically sensitive sectors like Construction and others...

PWRPositive Net Change DISNegative Net Change EAPositive Net Change LENPositive Net Change DHIPositive Net Change BABANegative Net Change GOOSNegative Net Change ABNBPositive Net Change DASHPositive Net Change

Sheraz Mian

Big Tech's Best Growth Days May Be Behind It

Our sense is that this is probably as good as it ever will get, with the growth trajectory steadily decelerating going forward...

MSFTNegative Net Change AMZNPositive Net Change AAPLNegative Net Change FBPositive Net Change GOOGLPositive Net Change

Zacks Equity Research

Shell (RDS.A) Gears Up for Q1 Earnings: What's in Store?

Shell's (RDS.A) Q1 upstream production is estimated between 2,400 and 2,475 thousand barrels of oil equivalent per day (boe/d) due to the Texas winter storm.

CVXNegative Net Change COGPositive Net Change BPPositive Net Change RDS.APositive Net Change

Sheraz Mian

Previewing Big Tech Earnings

Technology stocks have been less than stellar performers this year. Will tech turn things around during first quarter earnings season?

MSFTNegative Net Change AMZNPositive Net Change AAPLNegative Net Change TSLANegative Net Change FBPositive Net Change GOOGLPositive Net Change SPOTPositive Net Change

Sheraz Mian

Big Banks Foreshadow the Improving 2021 Earnings Picture

The positive bank results aren't just reflective of business conditions in the first quarter of 2021, but rather a function of growing optimism about the coming quarters...

IBMPositive Net Change CSXPositive Net Change NFLXNegative Net Change PGNegative Net Change

Sheraz Mian

Looking Ahead to Big Banks' Q1 Earnings

The large money-center banks have enjoyed an amazing run this year, with these stocks handily outperforming not only the broader market but also many of last year's hot stocks.

JPMNegative Net Change NKENegative Net Change FASTPositive Net Change DALPositive Net Change COSTNegative Net Change FDXPositive Net Change WFCPositive Net Change TSLANegative Net Change

Sheraz Mian

A Very Strong Q1 and 2021 Earnings Picture

This improving trend in estimate revisions accelerated over the last few months, as the chart below highlighting the evolution of 2021 Q1 earnings growth estimates shows...

JPMNegative Net Change NKENegative Net Change MUPositive Net Change MCKNegative Net Change COSTNegative Net Change FDXPositive Net Change LULUPositive Net Change BBPositive Net Change

Sheraz Mian

What Will Q1 2021 Earnings Season Show?

As the chart above shows, the expectation is for total S&P 500 earnings to increase +18.5% in Q1 from the same period last year on +5.3% higher revenues...

JPMNegative Net Change NKENegative Net Change GMEPositive Net Change COSTNegative Net Change ADBEPositive Net Change FDXPositive Net Change GISPositive Net Change

Sheraz Mian

Previewing The Q1 2021 Earnings Season

As the chart above shows, the expectation is for total S&P 500 earnings to increase +18.5% in Q1 from the same period last year on +5.3% higher revenues...

JPMNegative Net Change NKENegative Net Change ORCLNegative Net Change COSTNegative Net Change FDXPositive Net Change ACNNegative Net Change

Sheraz Mian

Where Are We with Small-Cap Earnings?

For the S&P 600 index, we now have Q4 results from 551 companies or 91.7% of the index's total membership. Total earnings for these companies are up +0.6%...

SPYPositive Net Change IJRPositive Net Change SPSMPositive Net Change

Sheraz Mian

Market Shrugs Off Strong Retail Earnings

In terms of the Retail sector scorecard, we now have Q4 results from 78.8% of the retailers in the S&P 500 index...

TGTPositive Net Change HDPositive Net Change AMZNPositive Net Change WMTNegative Net Change EBAYNegative Net Change GPSPositive Net Change COSTNegative Net Change KSSPositive Net Change KRNegative Net Change

Sheraz Mian

Earnings Start Growing Again

It's a pleasant surprise that 2020 Q4 is on track to show a +3% earnings growth when the pre-season expectation was for an -11% decline...

NVDAPositive Net Change HDPositive Net Change BAPositive Net Change CRMPositive Net Change MPositive Net Change BYNDPositive Net Change ABNBPositive Net Change DASHPositive Net Change

Sheraz Mian

Earnings Estimates Keep Going Up

Earnings growth was expected to resume in the first quarter of 2021 after the pandemic-driven declines of 2020. But positive growth has arrived a little earlier...

DEPositive Net Change WMTNegative Net Change AMATPositive Net Change SHOPPositive Net Change

Sheraz Mian

Q4 Earnings Growth Turns Positive

Positive growth has arrived a little earlier, with earnings in the ongoing Q4 earnings season now modestly above the year-earlier period...

BAPositive Net Change DISNegative Net Change KONegative Net Change TWTRPositive Net Change UBERPositive Net Change

Sheraz Mian

Earnings Strength and Market Weakness

Market volatility notwithstanding, we have to acknowledge that the fundamental backdrop, as reflected in the outlook for earnings and interest rates, remains very favorable...

IPPositive Net Change BAPositive Net Change AMZNPositive Net Change PFEPositive Net Change UPSPositive Net Change GMEPositive Net Change GOOGLPositive Net Change SPOTPositive Net Change

Sheraz Mian

Q4 and 2021 Earnings Estimates Keep Going Up

We are off to a great start in the Q4 earnings season, with a historically high proportion of the reporting companies not only beating consensus EPS and revenue estimates, but also providing positive guidance and commentary...

JPMNegative Net Change JNJNegative Net Change BAPositive Net Change CPositive Net Change AAPLNegative Net Change MMMPositive Net Change WFCPositive Net Change TSLANegative Net Change FBPositive Net Change

Sheraz Mian

Positive Start to Q4 Earnings Season

We are off to a great start in Q4 earnings season, with the big banks coming out with a notably improved profitability picture relative to what they were able to show in preceding periods.

JPMNegative Net Change IBMPositive Net Change CPositive Net Change CSXPositive Net Change WFCPositive Net Change NFLXNegative Net Change PGNegative Net Change

Sheraz Mian

Big Bank Q4 Earnings Preview

The large money-center banks that will kick-off the Q4 2020 earnings season for the sector this week have suffered a significant hit to profitability as a result of the pandemic...

JPMNegative Net Change NKENegative Net Change CPositive Net Change ORCLNegative Net Change DALPositive Net Change ADBEPositive Net Change FDXPositive Net Change WFCPositive Net Change

Sheraz Mian

Q4 Earnings Season Preview

The consensus expectation is for total S&P 500 earnings to decline -11% in Q4 from the same period last year on essentially flat revenues. This would follow the -7% decline in Q3 and -32.2% decline in Q2...

JPMNegative Net Change PAYXNegative Net Change CTASPositive Net Change ORCLNegative Net Change FDXPositive Net Change KMXPositive Net Change