For Immediate Release
Chicago, IL – February 17, 2022 – Zacks Director of Research Sheraz Mian says, “With respect to earnings, 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."
Record Earnings in Q4 Despite Economic Headwinds
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
The picture emerging from the Q4 earnings season is one of continued strength and momentum, particularly on the revenue side. With respect to earnings, 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.
That said, the well-known headwinds of cost pressures and logistical bottlenecks have been weighing on margins and causing many operators to miss consensus EPS estimates.
EPS beats are not only below what we had seen in the first three quarters of the year, but also below the 5-year average for this group of 388 index members.
There is no such issue on the revenues side.
Fewer EPS beats notwithstanding, 2021 Q4 is on track to reach a new all-time quarterly record.
Looking at Q4 as a whole, total earnings for the quarter are expected to be up +31.2% from the same period last year on +15.0% higher revenues. The growth pace decelerates significantly in the following periods.
We remain positive in our earnings outlook, as we see the overall growth picture steadily improving, as Omicron’s effects start easing and the near-term logistical issues get addressed.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Earnings Trends Article for Today
For Immediate Release
Chicago, IL – February 17, 2022 – Zacks Director of Research Sheraz Mian says, “With respect to earnings, 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."
Record Earnings in Q4 Despite Economic Headwinds
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
The picture emerging from the Q4 earnings season is one of continued strength and momentum, particularly on the revenue side. With respect to earnings, 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.
That said, the well-known headwinds of cost pressures and logistical bottlenecks have been weighing on margins and causing many operators to miss consensus EPS estimates.
EPS beats are not only below what we had seen in the first three quarters of the year, but also below the 5-year average for this group of 388 index members.
There is no such issue on the revenues side.
Fewer EPS beats notwithstanding, 2021 Q4 is on track to reach a new all-time quarterly record.
Looking at Q4 as a whole, total earnings for the quarter are expected to be up +31.2% from the same period last year on +15.0% higher revenues. The growth pace decelerates significantly in the following periods.
We remain positive in our earnings outlook, as we see the overall growth picture steadily improving, as Omicron’s effects start easing and the near-term logistical issues get addressed.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.