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Earnings Trends: Archive

Sheraz Mian

Early Signs of Earnings Improvement

We are starting to see some early signs of improvement in earnings estimates for the current period (2020 Q3) and beyond...

WHRNegative Net Change TXNNegative Net Change JPMPositive Net Change GSPositive Net Change

Sheraz Mian

Q2 2020 Earnings Season Gets Underway

Including results from the major banks, we now have Q2 reports from 32 S&P 500 members, with total earnings for these 32 companies down -54.3% on -3.4% lower revenues...

WFCPositive Net Change JPMPositive Net Change GSPositive Net Change CNegative Net Change

Sheraz Mian

What Will Q2 Earnings Season Show?

Total S&P 500 earnings are expected to be down -44.4% on -10.9% lower revenues...

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

Sheraz Mian

Previewing Q2 Earnings Season

Total S&P 500 earnings are expected to decline -44.1% in Q2 on -10.9% lower revenues...

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

Sheraz Mian

Q2 Earnings Season Preview

The brunt of the Covid-19 earnings hit is expected to be in Q2 2020, but declines are expected to continue in the second half of the year as well...

JPMPositive Net Change DISPositive Net Change

Sheraz Mian

Will We See Earnings Trough in Q2?

The brunt of the earnings hit is expected to be in Q2 2020, but declines are expected to continue in the second half of the year as well, though the pace of declines decelerates significantly from the Q2 level...

JPMPositive Net Change DISPositive Net Change

Sheraz Mian

Earnings Picture to Improve After Q2

Estimates for Q2 and Q3 are still falling, with Q2 earnings now expected to decline -43.7% and Q3 expected to suffer a -26.2% decline...

JPMPositive Net Change DISPositive Net Change

Sheraz Mian

Covid-19 and Corporate Earnings

The Covid-19 pandemic has caused a significant drop in corporate profitability, with S&P 500 earnings for this year now expected to be down by more than one-fifth, with estimates still coming down...

JPMPositive Net Change DISPositive Net Change

Sheraz Mian

Covid-19 Impact on Earnings to Linger Through 2021

The Covid-19 pandemic has caused a significant drop in corporate profitability, with S&P 500 earnings for full-year 2020 now expected to be down -23.3%, with estimates still coming down...

JPMPositive Net Change DISPositive Net Change

Sheraz Mian

Covid-19 Pandemic Weighs on the Earnings Picture

The Covid-19 pandemic has caused a significant drop in corporate profitability, with S&P 500 earnings for full-year 2020 now expected to be down -22.9%, with estimates still coming down...

SBUXNegative Net Change PGNegative Net Change LUVPositive Net Change KOPositive Net Change GOOGLPositive Net Change FNegative Net Change DALNegative Net Change BAPositive Net Change AMDNegative Net Change

Sheraz Mian

Making Sense of the Pandemic Earnings Picture

The brunt of the earnings hit is expected to be in the current period (2020 Q2), but earnings growth is expected to remain negative in the second half of the year as well...

SBUXNegative Net Change PGNegative Net Change LUVPositive Net Change KOPositive Net Change GOOGLPositive Net Change FNegative Net Change DALNegative Net Change AMDNegative Net Change

Sheraz Mian

The Coronavirus Pandemic and its Impact on Corporate Earnings

For the 193 S&P 500 members that have reported Q1 results, total earnings or aggregate net income is down -17.1% on +0.6% higher revenues...

SBUXNegative Net Change PGNegative Net Change LUVPositive Net Change KOPositive Net Change GOOGLPositive Net Change FNegative Net Change DALNegative Net Change BAPositive Net Change AMDNegative Net Change

Sheraz Mian

Making Sense of the Earnings Picture During the Coronavirus

The ongoing Q1 earnings season is less about what happened in the January-through-March period and more about evolving expectations for the current and coming quarters, which continue to be set lower as a result of the pandemic...

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Sheraz Mian

Shaky Start to Q1 Earnings Season

Bank quarterly reports give us a sense of the earnings hit we have suffered as a result of this pandemic whose full impact will only show up in Q2...

JPMPositive Net Change CNegative Net Change BACNegative Net Change

Sheraz Mian

Taking Stock of the Earnings Picture Amid the Coronavirus Pandemic

Estimates have been coming down sharply as a result of the pandemic's earnings impact. While the bulk of the estimate cuts are concentrated in Q2 and Q3, all four quarters of 2020 are now expected to suffer earnings declines...

XOMNegative Net Change NKENegative Net Change FDXNegative Net Change BAPositive Net Change ADBEPositive Net Change

Sheraz Mian

How Low Will Earnings Estimates Go?

Earnings estimates have been coming down sharply as analysts start coming to terms with the pandemic's impact...

XOMNegative Net Change NKENegative Net Change FDXNegative Net Change BAPositive Net Change ADBEPositive Net Change

Sheraz Mian

Earnings Estimates Falling Sharply

Earnings estimates have come down sharply as a result of the Covid-19 pandemic, with 2020 earnings now expected to suffer a modest decline...

XOMNegative Net Change NKENegative Net Change FDXNegative Net Change BAPositive Net Change ADBEPositive Net Change

Sheraz Mian

The Earnings Uncertainty

Estimates for 2020 Q1 and Q2 have come down sharply in recent weeks, with both the quarters in negative territory now and all of this year's growth now coming from the back half of the year, due to coronavirus uncertainty...

ORCLNegative Net Change FDXNegative Net Change ADBEPositive Net Change

Sheraz Mian

How the Coronavirus Has Impacted Earnings

While estimates for 2020 Q1 and Q2 have come down sharply over the last few weeks, with Q1 now in negative territory and Q2 barely positive, analysts have largely left estimates for the second half of the year intact, at least for now...

ORCLNegative Net Change FDXNegative Net Change ADBEPositive Net Change

Sheraz Mian

Q1 Estimates Holding Up Despite Virus Impact

Estimates for 2020 Q1 have come down, but the negative revisions still compare favorably to other recent periods despite the virus impact...

WYNNNegative Net Change SBUXNegative Net Change RCLPositive Net Change AAPLNegative Net Change

Sheraz Mian

A Positive Earnings Picture

The picture emerging from the Q4 earnings season is one of steady improvement in the overall picture. For the 352 S&P 500 members that have reported Q4 results already, total earnings are up +0.9% from the same period last year...

WYNNNegative Net Change SBUXNegative Net Change RCLPositive Net Change

Sheraz Mian

Q4 Earnings Season Scorecard

The picture emerging from the Q4 earnings season is one of steady improvement. For the S&P 500 members that have already reported Q4 results, total earnings are up +0.4% on +3.0% higher revenues...

MSFTNegative Net Change INTCNegative Net Change GOOGLPositive Net Change AAPLNegative Net Change

Sheraz Mian

Earnings Outlook Improving

The picture emerging from the Q4 earnings season is one of steady improvement. And we have 141 S&P 500 members out already...

INTCNegative Net Change IBMNegative Net Change AAPLNegative Net Change

Sheraz Mian

Q4 Results Show Improving Earnings Picture

For the 75 S&P 500 members that have reported Q4 results already, total earnings are down -1.3% from the same period last year on +3.2% higher revenues...

WFCPositive Net Change JPMPositive Net Change GSPositive Net Change CNegative Net Change BACNegative Net Change

Sheraz Mian

Banks Provide Mixed Start to Q4 Earnings Season

For the Finance sector, we now have Q4 results from 33.2% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance sector companies are down -2.2%...

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