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Earnings Trends: Archive

Sheraz Mian

Are Earnings Estimates Going Down?

Excluding the negative revisions to the Finance sector, 2022 Q1 estimates for the remaining sectors would be up +0.6%. On the flip side, aggregate quarterly estimates would be down -1.7% had it not been for the positive revisions to the Energy sector estimates.

BACPositive Net Change JPMPositive Net Change CNegative Net Change

Sheraz Mian

Keeping Track of The Earnings Revisions Trend

Earnings growth was all along expected to decelerate in the current and coming periods on account of normalization and tough comparisons. But now macroeconomic headwinds are adding to the moderating growth outlook.

GEPositive Net Change LUVNegative Net Change LVSPositive Net Change HLTNegative Net Change

Sheraz Mian

Q1 2022 Earnings Season Gets Underway

Total S&P 500 earnings for the first quarter of 2022 are expected to be up +3.6% from the same period last year on +10.1% higher revenues.

GEPositive Net Change LUVNegative Net Change LVSPositive Net Change HLTNegative Net Change

Sheraz Mian

Pressure on Earnings Estimates: What Sectors are Most Impacted?

Estimates have been going down for 9 of the 16 Zacks sectors since the start of the year, with the biggest declines in the Consumer Discretionary, Utilities, Transportation, and Conglomerates sectors...

GEPositive Net Change LUVNegative Net Change LVSPositive Net Change HLTNegative Net Change

Sheraz Mian

A Rising Energy Sector Offsets Declines Elsewhere

Energy sector estimates had been going up as a result of rising oil prices, even before the Ukraine situation and we can see this within all of the major players in the sector...

GEPositive Net Change LVSPositive Net Change HLTNegative Net Change

Sheraz Mian

Looking Ahead to the 2022 Q1 Earnings Season

Total S&P 500 earnings for the first quarter of 2022 are expected to be up +3.7% from the same period last year on +9.5% higher revenues...

QQQNegative Net Change SPYNegative Net Change

Sheraz Mian

Record Earnings in Q4 Despite Economic Headwinds

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...

QQQNegative Net Change SPYNegative Net Change

Sourav Banerjee

The Earnings Picture Remains Strong Despite Market Downturn

The Earnings Picture Remains Strong Despite Market Downturn

IBMPositive Net Change

Sheraz Mian

Taking Stock of the Earnings Picture Amid the Market Rebound

On the guidance front, while a few notable operators stand out for providing a weak outlook, most companies have been able to offer reassuring, if not altogether positive, guidance...

AAPLNegative Net Change MSFTNegative Net Change GOOGLNegative Net Change

Sheraz Mian

A Strong and Resilient Earnings Picture Amid Market Volatility

The picture emerging from the Q4 earnings season is one of continued strength and momentum. Despite the well-known headwinds...

AAPLNegative Net Change MSFTNegative Net Change GOOGLNegative Net Change

Sheraz Mian

The Earnings Picture Remains Strong Despite Market Downturn

The picture emerging from the Q4 earnings season is one of continued strength and momentum. Despite the well-known headwinds of cost pressures and logistical bottlenecks, an above-average proportion of companies have been able to beat EPS and revenue estimates...

JPMPositive Net Change MSFTNegative Net Change

Sheraz Mian

Big Wall Street Banks Provide Mixed Start to Q4 Earnings Season

Higher-than-expected costs at JPMorgan (JPM) and Goldman Sachs (GS) haven't turned out to be an industry-wide trend...

GSPositive Net Change JPMPositive Net Change

Sheraz Mian

The Q4 Earnings Season Gets Underway

Total earnings for these 20 index members are up +29.3% from the same period last year on +12.8% higher revenues...

WFCPositive Net Change JPMPositive Net Change

Sheraz Mian

Handicapping the Q4 Earnings Season

The Q4 earnings season has actually gotten underway already, with results from 16 S&P 500 members out at this stage...

WFCPositive Net Change JPMPositive Net Change ADBENegative Net Change FDXNegative Net Change

Sheraz Mian

Making Sense of Evolving Earnings Estimates

These margin pressures have been a contributing factor to the recent negative shift in the revisions trend, which consistently remained positive since July 2020. You can see this in the revisions trend for 2021 Q4...

AMZNNegative Net Change AAPLNegative Net Change

Sheraz Mian

Previewing the Q4 Earnings Season

Net margins for the index as a whole are expected to expand 80 basis points in 2021 Q4, though they are expected to be below the year-earlier level for 6 of the 16 Zacks sectors...

AMZNNegative Net Change AAPLNegative Net Change

Sheraz Mian

Looking Ahead to the Q4 Earnings Season

These margin pressures have been a big contributing factor to the recent negative shift in the revisions trend, which consistently remained positive since July 2020. You can see this in the revisions trend for 2021 Q4...

AMZNNegative Net Change AAPLNegative Net Change

Sheraz Mian

Breaking Down the Outlook for Margins

Margin expectations embedded in current consensus earnings and revenue estimates for the coming periods suggest some pressures...

AMZNNegative Net Change AAPLNegative Net Change EATNegative Net Change

Sheraz Mian

Making Sense of the Evolving Earnings Picture

There was tangible nervousness in the market ahead of the start of the Q3 earnings season that these headwinds will start weighing on corporate profits through compressed margins...

AMZNNegative Net Change AAPLNegative Net Change EATNegative Net Change

Sheraz Mian

Looking at Margins in the Face of Inflationary & Logistical Issues

Rising cost pressures amid supply-chain disruptions and labor/material shortages are keeping trends in margins in the spotlight...

AMZNNegative Net Change AAPLNegative Net Change MCDPositive Net Change EATNegative Net Change KHCNegative Net Change

Sheraz Mian

A Very Strong and Improving Earnings Picture

For the 192 S&P 500 members that have reported Q3 results through Wednesday, October 27th, total earnings and revenues are up +37.6% and +15.3%, respectively from the same period last year...

MCDPositive Net Change EATNegative Net Change KHCNegative Net Change

Sheraz Mian

A Strong Earnings Picture Amid Global Headwinds

Looking at Q3 as a whole, total S&P 500 earnings are expected to be up +30.3% from the same period last year on +14.1% higher revenues...

NKENegative Net Change PGPositive Net Change EATNegative Net Change FDXNegative Net Change MKCPositive Net Change

Sheraz Mian

Solid Start to Q3 Earnings Season

For the 26 S&P 500 members that have reported Q3 results through Wednesday, October 13th, total earnings and revenues are up +32.6% and +17.6%, respectively...

GSPositive Net Change BACPositive Net Change JPMPositive Net Change MSPositive Net Change CNegative Net Change

Sheraz Mian

Q3 Earnings Season Gets Underway

Estimates for 2021 Q3, whose early reports have started coming out, have not moved up as much as had been the case in the comparable periods in the last few quarters. That said...

JPMPositive Net Change NKENegative Net Change ORCLPositive Net Change ADBENegative Net Change FDXNegative Net Change

Sheraz Mian

Previewing the Q3 Earnings Season

Estimates for 2021 Q3, whose early reports have started coming out, have not moved up as much as had been the case in the comparable periods in the last few quarters...

JPMPositive Net Change NKENegative Net Change ORCLPositive Net Change ADBENegative Net Change FDXNegative Net Change