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Earnings Preview: Archive

Sheraz Mian

The Outlook for Tech Stocks in a Rising Rate Environment

Under this new monetary policy regime of shrinking liquidity and rising interest rates, high growth stocks in the Technology sector become less attractive. You can see this play out in the chart below...

AMZNNegative Net Change AAPLNegative Net Change MSFTNegative Net Change FBPositive Net Change GOOGLPositive Net Change

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3 Things to Know About the Q4 Earnings Season

It is this margins outlook that will determine how the revisions trend evolves through this earnings season, though estimates for the current period (2022 Q1) are holding up a lot better than was the case at the comparable time in the preceding quarter...

AAPLNegative Net Change MCDNegative Net Change

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Banks Provide Mixed Start to Q4 Earnings Season

We now have results from 17.6% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance sector companies are up +3.6% from the same period last year on +1.8% higher revenues...

JPMPositive Net Change CPositive Net Change

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Q4 Earnings Preview: What to Expect from JPMorgan and the Big Banks

Bank stocks have perked up lately, as the outlook for interest rates has become more favorable to the group's business. Here's what to expect from big banks such as JPMorgan's Q4 FY21 results...

WFCPositive Net Change JPMPositive Net Change CPositive Net Change BLKPositive Net Change

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Q4 Earnings Season Gets Underway

The aggregate quarterly earnings estimate has been coming down, after 'peaking' in mid-October...

DRINegative Net Change FDXPositive Net Change

Sheraz Mian

The Retail Sector Margin Squeeze

All of the big retailers had to spend more to keep shelves stocked, with freight expenses a major drag on margins and outlook...

AMZNNegative Net Change TGTPositive Net Change WMTNegative Net Change

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What's Going on with Earnings in Q4 and Beyond?

Even as estimates for 2021 Q4 have modestly come down, they continue to move up for next year...

TGTPositive Net Change WMTNegative Net Change NVDAPositive Net Change

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Are Earnings Estimates Going Down?

Earnings and revenue growth has come down in the ongoing Q3 earnings season from the first-half's breakneck speed, but...

AMZNNegative Net Change DISNegative Net Change DRHPositive Net Change PYPLNegative Net Change

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Even Big Tech Has Supply Chain Problems

A recurring theme this earnings season has been supply-chain woes and shortages of essential inputs, as well as labor, with not even the mighty Apple (AAPL) and Amazon (AMZN) immune from the issues...

AMZNNegative Net Change AAPLNegative Net Change MSFTNegative Net Change FBPositive Net Change GOOGLPositive Net Change

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Previewing Big Tech Earnings: Apple, Microsoft and Other Giants

The chart below shows the earnings and revenue picture for this group of 5 companies in the aggregate, on a quarterly basis, with expectations for 2021 Q3 highlighted...

AMZNNegative Net Change AAPLNegative Net Change AMDNegative Net Change MSFTNegative Net Change SBUXPositive Net Change FBPositive Net Change TWTRPositive Net Change GOOGLPositive Net Change SNAPPositive Net Change SPOTPositive Net Change

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Into the Heart of Q3 Earnings Season

The big banks got us off to a flying start in this Q3 earnings season, but we will get a true sense of how good or otherwise the corporate profitability picture is after seeing the coming week's reporting docket.

INTCPositive Net Change JNJNegative Net Change NFLXNegative Net Change PGNegative Net Change TSLANegative Net Change SNAPPositive Net Change

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What Will Q3 Bank Earnings Show?

The Zacks Major Banks industry's Q3 earnings are expected to be up +11.2% on +2.5% higher revenues...

BACPositive Net Change JPMPositive Net Change MSFTNegative Net Change NKENegative Net Change FASTPositive Net Change ORCLNegative Net Change ADBEPositive Net Change FDXPositive Net Change

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Clouds on the Earnings Horizon

Unlike the last few quarters when the earnings picture remained unequivocally positive and reassuring, we may be starting to see some clouds emerge on the horizon as look ahead to the start of the Q3 earnings season...

JPMPositive Net Change NKENegative Net Change PEPNegative Net Change ORCLNegative Net Change ADBEPositive Net Change FDXPositive Net Change BBBYNegative Net Change STZNegative Net Change

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Making Sense of the Q3 Earnings Picture and Beyond

Recent updates on the revisions trends have been somewhat disconcerting, as you can see in the chart below that tracks the evolution of Q3 earnings growth expectations...

JPMPositive Net Change NKENegative Net Change MUPositive Net Change MCKNegative Net Change CTASNegative Net Change ORCLNegative Net Change ADBEPositive Net Change FDXPositive Net Change

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The Start of Q3 Earnings Season

Unlike Q3 GDP growth estimates, earnings expectations for the period have not been revised lower, but the revisions trend has nevertheless lost its earlier momentum...

JPMPositive Net Change NKENegative Net Change ORCLNegative Net Change COSTNegative Net Change FDXPositive Net Change

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Delta and the Q3 Earnings Season

The ongoing resurge in Covid infections has started weighing on near-term economic outlook, with estimates of Q3 GDP growth sharply coming down in recent days.

JPMPositive Net Change NKENegative Net Change ORCLNegative Net Change COSTNegative Net Change FDXPositive Net Change

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Q3 Earnings Season Preview

Comparisons will be relatively normal in Q3 and beyond since the U.S. economy began reopening in the year-earlier period, hence the expected deceleration in the growth pace...

KRNegative Net Change GMENegative Net Change LULUPositive Net Change CPRTNegative Net Change RHPositive Net Change

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What to Expect from Airline Industry Earnings

Airline companies have benefited from the economic reopening and the easing of travel restrictions, reversing the earlier losses suffered as the pandemic took hold...

UALNegative Net Change LUVPositive Net Change UPSPositive Net Change FDXPositive Net Change

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Taking Stock of Small-Cap Earnings

This note takes a look at the 2021 Q2 earnings season and the evolving earnings picture for the current and coming quarters for the small-cap S&P 600 (SPSM) index...

SPYPositive Net Change SPSMPositive Net Change

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3 Things to Know About the Q2 Earnings Season

The first notable feature of the Q2 earnings season is the impressive momentum on the revenue side, both in terms of growth rate, as well as the beats percentages...

TGTPositive Net Change WMTNegative Net Change NVDAPositive Net Change HDPositive Net Change

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The 3 Most Notable Features of Q2 Earnings Season

The first notable feature of the Q2 earnings season is the impressive momentum on the revenue side, both in terms of growth rate as well as the beats percentages...

EBAYNegative Net Change DISNegative Net Change TSNNegative Net Change

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Is Big Tech Growth Really Decelerating?

You can see this long-term growth trajectory in the chart below that shows the group's earnings and revenue growth on an annual basis...

AMZNNegative Net Change AAPLNegative Net Change MSFTNegative Net Change FBPositive Net Change GOOGLPositive Net Change

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Big Tech Earnings Preview: Apple, Amazon and Other Market Movers

Beyond the big 5 Tech players, total Q2 earnings for the Technology sector as a whole are expected to be up +37.3% from the same period last year on +19.5% higher revenues...

AMZNNegative Net Change AAPLNegative Net Change MSFTNegative Net Change TSLANegative Net Change FBPositive Net Change TWTRPositive Net Change SNAPPositive Net Change SPOTPositive Net Change

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Q2 Earnings Reports Confirm Economic Boom Ahead

We are off to a great start in the Q2 earnings season, with 2021 Q2 earnings projected to climb 14.5% above the comparable pre-Covid 2019 period...

WFCPositive Net Change JPMPositive Net Change CPositive Net Change TXNPositive Net Change IBMPositive Net Change JNJNegative Net Change NFLXNegative Net Change

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Previewing Q2 FY21 Bank Earnings

The overall set up for bank earnings remains positive, with the stocks likely reversing their recent interest rate-centric weakness...

GSPositive Net Change BACPositive Net Change JPMPositive Net Change CPositive Net Change MSFTNegative Net Change UNHNegative Net Change DALPositive Net Change FASTPositive Net Change ORCLNegative Net Change COSTNegative Net Change TSMPositive Net Change