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Earnings Trends: Archive

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Tech Sector Shows Its Enormous Earnings Power

The shift into positive territory for quarterly earnings growth in Q4 is thanks to impressive results from the Tech sector leaders...

MSFTPositive Net Change AMZNPositive Net Change AAPLPositive Net Change FBPositive Net Change GOOGLPositive Net Change

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A Positive and Reassuring Earnings Picture

Estimates for the current and coming quarters are steadily going up, as companies report Q4 results that are mostly better than expected.

JPMPositive Net Change MSFTPositive Net Change JNJPositive Net Change BAPositive Net Change MMMNegative Net Change

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Early Q4 Results Show an Improving Earnings Picture

We are off to a strong start to the Q4 earnings season, with a very high proportion of companies beating estimates and sharing favorable outlooks for the current and coming quarters...

WFCPositive Net Change

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Q4 Earnings Season Gets Underway

S&P 500 earnings are expected to be down 9.8% on 0.3% higher revenues, which would follow a 7.0% earnings decline in Q3 on 0.7% lower revenues.

NKENo Net Change ORCLPositive Net Change COSTPositive Net Change FDXPositive Net Change

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An Improving Earnings Outlook to Start 2021

The Q4 reporting cycle has gotten underway already, as 13 S&P 500 members with fiscal quarters ending in November, have reported results...

NKENo Net Change ORCLPositive Net Change COSTPositive Net Change FDXPositive Net Change

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Looking at Q4 and 2021 Earnings

We see earnings estimates for 2021 going up in a meaningful way to catch up with the improving economic reality as we go through the first half of the 2021...

ORCLPositive Net Change COSTPositive Net Change ADBEPositive Net Change AZOPositive Net Change

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First Look Ahead to the Q4 Earnings Season

For 2020 Q4, S&P 500 earnings are expected to be down -11.2% on +0.2% higher revenues, which would follow a -7.8% earnings decline in Q3 on -1% lower revenues...

NKENo Net Change ORCLPositive Net Change AZOPositive Net Change FDXPositive Net Change

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Last Look at the Q3 Earnings Season

The key takeaway from the Q3 earnings season is a steadily improving outlook, with estimates for the current and coming periods going up...

TGTNegative Net Change HDNegative Net Change WMTPositive Net Change LOWPositive Net Change

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Diving Into Retail Sector Earnings

For the 94.1% of Retail sector market capitalization in the S&P 500 index that has reported results already, total earnings are up +19.4% on +11.2% higher revenues...

WMTPositive Net Change TGTNegative Net Change LOWPositive Net Change HDNegative Net Change AMZNPositive Net Change

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Handicapping the Improving Earnings Picture

Looking at the quarter as a whole, total S&P 500 earnings are expected to decline -8.9% on -1.3% lower revenues...

NFLXPositive Net Change JBHTNegative Net Change INTCPositive Net Change AMZNPositive Net Change

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The Favorable Earnings Picture Continues for Q3 and Beyond

The growth picture has been steadily improving since early July, but the pace of improvement has started accelerating as companies have come out with better-than-expected results...

NFLXPositive Net Change JBHTNegative Net Change INTCPositive Net Change

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Will Rising Infections Derail Improving Earnings?

The market has been less than enthusiastic about positive Q3 earnings results, as it appears preoccupied with handicapping the impact of the ongoing surge in infections...

NFLXPositive Net Change JBHTNegative Net Change INTCPositive Net Change

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Exploring the Improving Q3 Earnings Picture

The Q3 results out already reconfirm that the improving trend in the earnings outlook that we have been highlighting since early July is still very much in place...

NFLXPositive Net Change JPMPositive Net Change GSPositive Net Change

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Good Start to Q3 Earnings Season

For full-year 2020, total earnings for the S&P 500 index are currently expected to be down 20.2% on 4.7% lower revenues.

GSPositive Net Change CPositive Net Change BACPositive Net Change

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Q3 Bank Earnings in the Spotlight Next Week

The big banks that will kick-start the Q3 earnings season for the Finance sector are expected to have fewer credit-quality issues relative to the first half, but overall profitability will remain constrained...

JPMPositive Net Change CPositive Net Change

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Looking at the Improving Outlook Ahead of Q3 Earnings Season

The outlook for corporate earnings has been steadily improving since early July, driven mostly by a better-than-expected economic recovery. This trend has been confirmed by the early 2020 Q3 recent earnings releases...

ORCLPositive Net Change NKENo Net Change MUPositive Net Change FDXPositive Net Change COSTPositive Net Change ADBEPositive Net Change

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Q3 Earnings Season Preview

For 2020 Q3, total S&P 500 earnings are expected to decline -23.1% on -2.9% lower revenues. This is an improvement from the -26.5% earnings decline expected at the start of July...

ORCLPositive Net Change NKENo Net Change LENNegative Net Change FDXPositive Net Change ADBEPositive Net Change

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Positive Start to the Q3 Earnings Season

For 2020 Q3, total S&P 500 earnings are expected to decline -23.5% on -3.1% lower revenues. This is an improvement from the -26.5% earnings decline expected at the start of July and follows the -32.1% earnings drop in Q2...

ORCLPositive Net Change LENNegative Net Change FDXPositive Net Change ADBEPositive Net Change

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Looking Ahead to the Q3 Earnings Season

For 2020 Q3, total S&P 500 earnings are expected to decline -23.9% on -3.3% lower revenues. This is an improvement from the -26.5% earnings decline expected at the start of July...

ORCLPositive Net Change NKENo Net Change FDXPositive Net Change ADBEPositive Net Change

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Big Tech's Earnings Power

This group of 5 Tech companies is on track to bring in 15.2% of the S&P 500 index's total earnings in 2020, up from 11.2% of the total in 2019...

XOMPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change FBPositive Net Change CRMPositive Net Change AMZNPositive Net Change AAPLPositive Net Change

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Earnings Season Winding Down

Total earnings for the 469 S&P 500 members that have reported Q2 results already are down -32.5% on -10.0% lower revenues...

WHRNegative Net Change TXNPositive Net Change CTXSNegative Net Change AMDNegative Net Change

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Looking Ahead to a Better Earnings Picture

The revisions trend continues to improve, with estimates for the current period (2020 Q3) and beyond steadily going up, a notable shift in the post-pandemic earnings picture...

WHRNegative Net Change TXNPositive Net Change CTXSNegative Net Change AMDNegative Net Change

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Earnings Estimates Are Going Up

The revisions trend continues to improve, with estimates for the current period (2020 Q3) and beyond steadily going up, a notable shift in the post-pandemic earnings picture...

WHRNegative Net Change TXNPositive Net Change CTXSNegative Net Change AMDNegative Net Change

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An Improving Earnings Outlook Despite Covid-19 Concerns

The revisions trend has notably improved lately, with estimates for the current period (2020 Q3) and beyond continuing to go up. This is a notable shift in the post-pandemic earnings picture...

WHRNegative Net Change TXNPositive Net Change JPMPositive Net Change GSPositive Net Change

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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 TXNPositive Net Change JPMPositive Net Change GSPositive Net Change