Back to top

Earnings Preview: Archive

Sheraz Mian

Earnings Optimism Following Bank Results

If we aggregate these positive surprises to the entire S&P 500 index, then it is reasonable to envision a Q1 earnings growth pace that may not be negative, after all.

WFCNo Net Change SLBPositive Net Change NFLXPositive Net Change JPMPositive Net Change JNJNegative Net Change IBMNegative Net Change GSNegative Net Change CNegative Net Change BACNegative Net Change

Sheraz Mian

Previewing Bank Earnings

JPMorgan (JPM) and Wells Fargo (WFC) kick-off the Q1 earnings season for the group on Friday, April 12th, with a host of industry players following suit the following week. The question is whether these quarterly results can serve as a catalyst for bank stocks?

WFCNo Net Change NKENegative Net Change JPMPositive Net Change FDXPositive Net Change

Sheraz Mian

Earnings Recession Fears Are Exaggerated

With earnings growth expectations for the first quarter of 2019 already in negative territory and estimates for 2019 Q2 moving in that direction as well, there is growing talk of an impending earnings recession...

WFCNo Net Change ORCLNegative Net Change NKENegative Net Change JPMPositive Net Change FDXPositive Net Change ADBENegative Net Change

Sheraz Mian

Soft Start to Q1 Earnings Season

First quarter 2019 growth for these 11 S&P 500 index members is tracking notably below what we had seen in the recent past and positive revenue surprises also appear to be on the weak side...

WFCNo Net Change ORCLNegative Net Change NVDAPositive Net Change NKENegative Net Change MUNegative Net Change JPMPositive Net Change FDXPositive Net Change AMATNegative Net Change ADBENegative Net Change AAPLNegative Net Change

Sheraz Mian

Q1 Earnings Season Gets Underway

The fact is that by the time the big banks come around to report March-quarter results on April 12, we will have seen Q1 results from almost two dozen S&P 500 members already.

ORCLNegative Net Change NVDAPositive Net Change NKENegative Net Change MUNegative Net Change FDXPositive Net Change COSTNegative Net Change AZOPositive Net Change AMATNegative Net Change ADBENegative Net Change AAPLNegative Net Change

Sheraz Mian

Previewing Department Store Stock Earnings

The department store stocks enjoyed plenty of sunshine in 2018, but the mood shifted in a major way in November. While the rest of the market, including several other Retail sector industries, rebounded strongly after Christmas, the department store stocks never got a break.

WTWPositive Net Change WDAYPositive Net Change VMWPositive Net Change TJXPositive Net Change SQPositive Net Change SHAKNegative Net Change RRGBNegative Net Change PLNTPositive Net Change MNegative Net Change LOWPositive Net Change HDPositive Net Change GPSPositive Net Change DDDNegative Net Change CBRLPositive Net Change BKNGPositive Net Change BBYPositive Net Change

Sheraz Mian

3 Things to Know About Q4 Earnings Season

We continue to see the picture that emerged from the Q4 earnings season as not great, but it is not bad either.

WMTPositive Net Change KHCPositive Net Change HPEPositive Net Change CVSPositive Net Change BIDUNegative Net Change ANegative Net Change

Sheraz Mian

Earnings Growth Deceleration Details

We knew that the period of very strong growth was now behind us. But the steady negative revisions to earnings estimates for the current and coming quarters have left growth expectations for the first half of 2019 barely in positive territory.

UAAPositive Net Change PEPPositive Net Change NVDAPositive Net Change NKENegative Net Change KOPositive Net Change GRPNNegative Net Change DENegative Net Change CSCOPositive Net Change ATVINegative Net Change

Sheraz Mian

Q4 Earnings Picture Better Than Feared

The market has justifiably taken a sigh of relief about the picture emerging from the Q4 earnings season. Not that the earnings picture is great, but rather that it is not as bad as many in the market had feared ahead of the start of this earnings season.

TWTRPositive Net Change SPOTNegative Net Change SNAPPositive Net Change GRUBPositive Net Change GOOGLNegative Net Change DISPositive Net Change ARNCPositive Net Change

Sheraz Mian

Positive EPS & Revenue Surprises Hard to Come By

We were unimpressed with the Q4 earnings season from the get go and that initial view has been confirmed by the bigger sample of reports we have seen since then.

XOMPositive Net Change MSFTNegative Net Change FBNo Net Change CVXPositive Net Change CATNegative Net Change AMZNPositive Net Change AAPLNegative Net Change

Sheraz Mian

Key Takeaways from Q4 Earnings Results Thus Far

First, growth is decelerating. This isn't a surprise, as we knew already that Q4 growth would be materially below the pace set in the first three quarters of the year.

SBUXPositive Net Change PGPositive Net Change JNJNegative Net Change INTCPositive Net Change IBMNegative Net Change FPositive Net Change CMCSAPositive Net Change

Sheraz Mian

Can Earnings Reports Push Bank Stocks Higher?

On most key operating metrics, bank performance has been very strong in the first three quarters of the year and most of those favorable trends will show up in the Q4 results as well.

WFCNo Net Change MSNegative Net Change JPMPositive Net Change GSNegative Net Change CNegative Net Change

Sheraz Mian

The Market's Earnings Uncertainty

Earnings estimates for 2018 Q4 and full-year 2019 have been coming down lately, but they likely have even more room to go down given the headwinds.

WFCNo Net Change JPMPositive Net Change AAPLNegative Net Change

Sheraz Mian

How Low can Earnings Estimates Go?

All of us knew that the roughly +25% earnings growth pace in the first three quarters of 2018 was unsustainable.

ORCLNegative Net Change NKENegative Net Change MUNegative Net Change FDXPositive Net Change COSTNegative Net Change AZOPositive Net Change ADBENegative Net Change

Sheraz Mian

Earnings Growth in a Slowing Economy

Earnings estimates for 2018 Q4 and full-year 2019 have been coming down lately, but they likely have more to go down given the headwinds.

COSTNegative Net Change AZOPositive Net Change ADBENegative Net Change

Sheraz Mian

Pullback in Retail Stocks Reflects Elevated Expectations

A big reason for the market's disappointment with Retail sector earnings reports in recent days is elevated expectations.

WMTPositive Net Change TGTPositive Net Change MNegative Net Change KSSPositive Net Change AMZNPositive Net Change

Sheraz Mian

Can Retail Stocks Build on Their Recent Gains?

The earnings focus shifts to the Retail sector this week as traditional brick-and-mortar retailers come out with quarterly results.

WMTPositive Net Change MNegative Net Change AMZNPositive Net Change

Benjamin Rains

Here's What to Expect from Nvidia's (NVDA) Q3 Earnings

Nvidia (NVDA) stock slipped 1% during regular trading hours Wednesday just one day before the company is set to report its quarterly financial results.

TXNNegative Net Change NVDAPositive Net Change MUNegative Net Change IBMNegative Net Change HPEPositive Net Change GOOGLNegative Net Change AMDNegative Net Change

Sheraz Mian

Can Retail Stocks Build on Their Recent Gains?

Given continued favorable trends in the broader economy, it is reasonable to be optimistic about earnings results from these traditional operators and their stock prices.

WMTPositive Net Change MNegative Net Change AMZNPositive Net Change

Sheraz Mian

Earnings Estimates Coming Down

Some areas of weakness have emerged, with companies struggling to beat revenue estimates and a number of leading companies providing underwhelming guidance.

XOMPositive Net Change TXNNegative Net Change RLPositive Net Change MMMPositive Net Change LLYNegative Net Change KORSNo Net Change DISPositive Net Change CVXPositive Net Change CATNegative Net Change AAPLNegative Net Change

Sheraz Mian

The Market's Exaggerated Earnings Worries

These are all legitimate concerns, but we know that markets tend to overshoot, in both directions. Take a look at the 5-year valuation chart for the S&P 500 index below.

TXNNegative Net Change MMMPositive Net Change GOOGLNegative Net Change FBNo Net Change CATNegative Net Change AMZNPositive Net Change AAPLNegative Net Change

Sheraz Mian

Are Q3 Earnings Results Really Good?

The banks gave us a good start to the Q3 earnings season, with the market appreciating (and rewarding) the money-center banks and brokers for their results.

TWTRPositive Net Change STTPositive Net Change SLBPositive Net Change PNCPositive Net Change NTRSPositive Net Change MSFTNegative Net Change KEYPositive Net Change INTCPositive Net Change HALPositive Net Change GOOGLNegative Net Change FBNo Net Change CATNegative Net Change AMZNPositive Net Change

Sheraz Mian

Banks Provide Positive Start to Q3 Earnings Season

The banking sector's earnings growth picture is tracking above historical periods, while revenue growth is modest and in-line with recent trends.

SLBPositive Net Change NFLXPositive Net Change JNJNegative Net Change

Sheraz Mian

What is Keeping Bank Stocks Down?

Bank stocks are down -0.8% this year, underperforming the broader market's +8.5% gain, but modestly better than the Finance sector's -3% decline.

WFCNo Net Change JPMPositive Net Change FASTPositive Net Change DALPositive Net Change CNegative Net Change

Sheraz Mian

Has the Earnings Picture Started Weakening?

A big part of the positive revisions over the last two quarters was due to the direct impact of the tax cuts. With that issue now behind us, the revisions trend appears to be moving back to how it has behaved over the last few years.

STZNegative Net Change PEPPositive Net Change LENPositive Net Change KOPositive Net Change JPMPositive Net Change COSTNegative Net Change CGCPositive Net Change