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Earnings Trends: Archive

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Breaking Down Q1 Earnings Results

The picture emerging from the Q1 earnings season is one of steady improvement and resilience, with the earnings growth pace modestly accelerating and estimates for the coming periods starting to increase. But will the positivity continue?

CVXPositive Net Change XOMPositive Net Change

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Earnings Expectations Are Moving Higher

A favorable development concerning the earnings picture is signs of improvement in the overall revisions trend, with estimates in the aggregate starting to modestly increase. Are positive surprises looming?

CVXPositive Net Change XOMPositive Net Change

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The 2024 Q1 Earnings Season Gets Underway

Early results appear to reconfirm trends we have seen in recent quarters, with growth modestly accelerating and positive surprises relatively hard to come by. With results from the big banks looming, what can investors expect?

WFCNegative Net Change JPMPositive Net Change CNegative Net Change NVDANegative Net Change METANegative Net Change

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Bank Earnings Loom: What to Expect

The March-quarter reporting cycle will really get going once the big banks release their results on April 12th. But early results have already started trickling in, with 18 S&P 500 members already posting quarterly results.

WFCNegative Net Change JPMPositive Net Change CNegative Net Change NVDANegative Net Change METANegative Net Change

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Making Sense of the Earnings Picture

As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. But how will the market react?

NVDANegative Net Change METANegative Net Change

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Handicapping Q1 Earnings: What to Expect

The Q1 reporting cycle will pick up considerable steam when the big banks begin revealing results on April 12th. However, the 2024 Q1 cycle has actually already started, with seven S&P 500 members already delivering quarterly results.

ORCLPositive Net Change ADBEPositive Net Change JBLNegative Net Change

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Tech Sector Resumes Growth Mode

As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. On the other hand, the Energy sector continues to negatively impact the overall earnings picture.

ORCLPositive Net Change ADBEPositive Net Change

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Looking Ahead to Q1 Earnings: What's Next?

No major surprises emerged from the Q4 cycle, with the tone and substance of management guidance remaining largely favorable. What can we expect in 2024 Q1?

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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Earnings Season: Retail Sector in Focus

Walmart kicked off the Q4 reporting cycle for the conventional retailers in style by handily beating estimates and providing reassuring guidance that many in the market see as conservative. What's in store for others?

AMZNNegative Net Change TGTNegative Net Change WMTPositive Net Change

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Q4 Results Paint a Positive Earnings Picture

Notably, total earnings for Tech companies that have already reported results are up +21.7% from the same period last year on +6.5% higher revenues. Can the positivity continue?

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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Q4 Earnings: Tech Sector Back in Growth Mode

The Tech sector continues to flex robust growth, solely responsible for keeping the Q4 earnings growth pace in positive territory.

AAPLPositive Net Change MSFTPositive Net Change NVDANegative Net Change TSLAPositive Net Change

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Q4 Earnings: Tech Flexes Strong Growth

Total earnings for Tech companies that have already reported results are up +19.3% from the same period last year on +6.6% higher revenues. Will the trend continue?

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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Breaking Down the Q4 Earnings Season Scorecard

Total Q4 earnings for the 83 S&P 500 members that have reported results so far are up +0.9% from the same period last year on +3.9% higher revenues. Big tech earnings loom - how will the market react?

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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Q4 Earnings Season Kicks Off Positively

We are off to a good start in the Q4 earnings season, with an above-average proportion of companies beating EPS estimates. Will the trend continue?

BACNegative Net Change JPMPositive Net Change CNegative Net Change

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Q4 Earnings Season Gets Underway

Q4 earnings for the S&P 500 index are currently expected to be down -0.4% from the year-earlier level on +2.2% higher revenues. How will the market react?

JPMPositive Net Change PGRNegative Net Change

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Q4 Earnings Loom: What to Expect

Earnings estimates for Q4 have been steadily coming down since the quarter got underway, with the current -0.2% growth pace down from +5.5% in early October. Where do we go from here?

EMRNegative Net Change EDPositive Net Change AOSNegative Net Change

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Q4 Earnings: What Can Investors Expect?

Earnings estimates for Q4 have been steadily coming down since the quarter got underway, with the negative revisions trend fairly broad-based.

UALNegative Net Change DISPositive Net Change

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Looking Ahead to Q4 Earnings

Earnings estimates for Q4 have been steadily coming down since the quarter got underway, a reversal of the favorable revisions trend we have previously highlighted. Where do we go from here?

UALNegative Net Change DISPositive Net Change

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Earnings Estimates Moving Lower as Growth Moderates

While Q3 results have been better than expected, there has been a notable acceleration in negative estimate revisions for 2023 Q4 over the last few weeks. Where do we go from here?

UALNegative Net Change DISPositive Net Change

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Earnings Estimates Come Under Pressure

While Q3 results have been better than expected, there is a notable acceleration in negative estimate revisions over the last few weeks, contrasting the largely favorable revisions trend of the preceding six months.

PFENegative Net Change LLYNegative Net Change GMNegative Net Change TSLAPositive Net Change

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Earnings Growth Turns Positive

With more than 60% of the Q3 results already out, earnings growth for the quarter is on track to turn positive despite the significant Energy sector drag.

CVXPositive Net Change XOMPositive Net Change

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The Earnings Picture Continues to Improve

Given the emerging consensus on the 'soft-landing' outlook, one can expect this favorable turn in the overall earnings picture to strengthen further as companies report Q3 results and share trends in underlying business.

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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The Q3 Earnings Season Kicks Off Positively

We are off to a good start in the Q3 earnings season, though the focus at this early stage has been largely on the Finance sector. With a flurry of reports slated to come in the weeks ahead, can the positivity continue?

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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Bank Earnings Loom: A Challenging Setup

The coming reports from the big banks will highlight multiple profitability headwinds. Still, sentiment surrounding the group remains so weak that even modestly positive results and commentary could push them higher.

WFCNegative Net Change JPMPositive Net Change

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The Q3 Earnings Season Kicks Off

We have regularly been flagging the steady improvement in the revisions trend since April 2023, which has become more entrenched in recent months.

PHMNegative Net Change TOLNegative Net Change KBHNegative Net Change