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Earnings Preview: Archive

Sheraz Mian

Earnings Estimates Keep Going Up

Earnings growth was expected to resume in the first quarter of 2021 after the pandemic-driven declines of 2020. But positive growth has arrived a little earlier...

DENegative Net Change WMTPositive Net Change AMATNegative Net Change SHOPNegative Net Change

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Q4 Earnings Growth Turns Positive

Positive growth has arrived a little earlier, with earnings in the ongoing Q4 earnings season now modestly above the year-earlier period...

BANegative Net Change DISPositive Net Change KOPositive Net Change TWTRPositive Net Change UBERNegative Net Change

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Earnings Strength and Market Weakness

Market volatility notwithstanding, we have to acknowledge that the fundamental backdrop, as reflected in the outlook for earnings and interest rates, remains very favorable...

IPPositive Net Change BANegative Net Change AMZNPositive Net Change PFENegative Net Change UPSPositive Net Change GMEPositive Net Change GOOGLNegative Net Change SPOTNegative Net Change

Sheraz Mian

Q4 and 2021 Earnings Estimates Keep Going Up

We are off to a great start in the Q4 earnings season, with a historically high proportion of the reporting companies not only beating consensus EPS and revenue estimates, but also providing positive guidance and commentary...

JPMPositive Net Change JNJNegative Net Change BANegative Net Change CNegative Net Change AAPLNegative Net Change MMMPositive Net Change WFCNo Net Change TSLANegative Net Change FBNo Net Change

Sheraz Mian

Positive Start to Q4 Earnings Season

We are off to a great start in Q4 earnings season, with the big banks coming out with a notably improved profitability picture relative to what they were able to show in preceding periods.

JPMPositive Net Change IBMNegative Net Change CNegative Net Change CSXPositive Net Change WFCNo Net Change NFLXPositive Net Change PGPositive Net Change

Sheraz Mian

Big Bank Q4 Earnings Preview

The large money-center banks that will kick-off the Q4 2020 earnings season for the sector this week have suffered a significant hit to profitability as a result of the pandemic...

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

Sheraz Mian

Q4 Earnings Season Preview

The consensus expectation is for total S&P 500 earnings to decline -11% in Q4 from the same period last year on essentially flat revenues. This would follow the -7% decline in Q3 and -32.2% decline in Q2...

JPMPositive Net Change PAYXNegative Net Change CTASPositive Net Change ORCLNegative Net Change FDXPositive Net Change KMXPositive Net Change

Sheraz Mian

The Retail Sector's Strong Earnings Performance

The common view about the Retail sector is a space that has been particularly hit hard by the Covid-19 pandemic. But that's hardly the full story...

WMTPositive Net Change TGTPositive Net Change MNegative Net Change LOWPositive Net Change KSSPositive Net Change HDPositive Net Change GPSPositive Net Change DENegative Net Change BBYPositive Net Change AMZNPositive Net Change ADSKPositive Net Change ANegative Net Change

Sheraz Mian

Earnings Preview: What to Expect from the Retail Sector

The Retail space had been experiencing a secular transition over the last few years, with consumer dollars steadily shifting to the online medium and traditional malls suffering falling foot traffic...

WMTPositive Net Change WDAYPositive Net Change TSNPositive Net Change TGTPositive Net Change NVDAPositive Net Change MNegative Net Change KSSPositive Net Change HDPositive Net Change AMZNPositive Net Change

Sheraz Mian

Tech Leadership Reflects Earnings Power

These companies may not be monopolies, in the legacy legal sense, but they are nevertheless as sustainably profitable as if they were the Standard Oil of the past.

MSFTNegative Net Change GOOGLNegative Net Change FBNo Net Change DISPositive Net Change CSCOPositive Net Change AMZNPositive Net Change AMATNegative Net Change AAPLNegative Net Change

Sheraz Mian

Are Technology Companies Losing Their Earnings Power?

The market appears to be reevaluating its position on the big technology stocks, with the trend becoming even clearer after Thursday's quarterly releases from Apple, Amazon, and others...

MSFTNegative Net Change GOOGLNegative Net Change FBNo Net Change AMZNPositive Net Change AAPLNegative Net Change

Sheraz Mian

Previewing Big Tech Earnings

Technology stocks have lost some of their shine in recent weeks, as some previously ignored groups appear to be finally catching a bid. But tech remains the undisputed leader in the market...

MSFTNegative Net Change INTCPositive Net Change GOOGLNegative Net Change FBNo Net Change AMZNPositive Net Change AAPLNegative Net Change

Sheraz Mian

Early Q3 Results Show Earnings Recovery in Place

With results from 49 index members already out, we will have seen Q3 results from 27% of the index's total membership by the end of the coming week.

TSLANegative Net Change PGPositive Net Change NFLXPositive Net Change KOPositive Net Change INTCPositive Net Change

Sheraz Mian

Are Bank Stocks Cheap or Value Traps?

Driving this underperformance is the group's cyclical exposure, with the demand for credit and other banking services strongly correlated with GDP growth...

WFCNo Net Change SLBPositive Net Change JPMPositive Net Change JNJNegative Net Change FASTPositive Net Change DALPositive Net Change CNegative Net Change BACNegative Net Change

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Previewing the Q3 Earnings Season

The expectation is for total S&P 500 earnings to decline -22.8% from the same period last year on -2.9% lower revenues...

PAYXNegative Net Change JPMPositive Net Change DPZPositive Net Change

Sheraz Mian

Handicapping the Q3 Earnings Season

The earnings outlook has been steadily improving since the start of Q3, as economic and business activities have resumed...

PEPPositive Net Change NKENegative Net Change MUNegative Net Change JPMPositive Net Change FDXPositive Net Change COSTNegative Net Change CNegative Net Change AAPositive Net Change

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What Will the Q3 Earnings Season Show?

The earnings outlook has been steadily improving since the start of Q3, as economic and business activities have resumed... What's next?

ORCLNegative Net Change NKENegative Net Change GISPositive Net Change FDXPositive Net Change COSTNegative Net Change

Sheraz Mian

Q3 Earnings Season Gets Underway

For Q3 as a whole, total S&P 500 earnings are expected to decline -23.7% from the same period last year -3.3% lower revenues...

ZMNegative Net Change ORCLNegative Net Change LENPositive Net Change INTCPositive Net Change FDXPositive Net Change ADBENegative Net Change AAPLNegative Net Change

Sheraz Mian

Improving Economic Momentum Driving Earnings Gains

Q3 earnings for the S&P 500 index are currently expected to decline -23.9% from the same period last year. But the growth picture has been steadily improving since the start of July...

ULTAPositive Net Change DGPositive Net Change BBYPositive Net Change

Sheraz Mian

Can the Earnings Picture Continue to Improve?

While earnings took a big hit in Q2, as was expected all along, the impact turned out to be less significant than initially projected...

WMTPositive Net Change TGTPositive Net Change NVDAPositive Net Change HDPositive Net Change

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Making Sense of the Earnings Picture

The 445 S&P 500 members are down -34.8% on -10.9% lower revenues...

TPRPositive Net Change CSCOPositive Net Change AMATNegative Net Change

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These 3 Charts Clearly Tell the Q2 Earnings Season Story

For the Tech sector, we now have Q2 results from 82.9% of the sector's market capitalization in the S&P 500 index. Total earnings for these Tech companies are down -1.8% on +2.5% higher revenues...

XOMPositive Net Change MSFTNegative Net Change KOPositive Net Change GOOGLNegative Net Change FBNo Net Change BANegative Net Change AMZNPositive Net Change AAPLNegative Net Change

Sheraz Mian

The Technology Sector Shows its Earnings Power Amid Coronavirus

Total earnings for these Tech companies are down -5.2% on +1% higher revenues...

XOMPositive Net Change MSFTNegative Net Change INTCPositive Net Change GOOGLNegative Net Change FBNo Net Change CVXPositive Net Change AMZNPositive Net Change AAPLNegative Net Change

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Previewing the Tech Sector's First Full Coronavirus Earnings Season

Tech stocks have been in the vanguard of the market's recovery from the March 23 lows and it may not be easy for these companies to satisfy the market's lofty expectations...

TXNNegative Net Change TWTRPositive Net Change MSFTNegative Net Change MSNegative Net Change JPMPositive Net Change INTCPositive Net Change GSNegative Net Change GOOGLNegative Net Change AMZNPositive Net Change

Sheraz Mian

What Will Q2 Bank Earnings Reveal?

The large money-center banks that will kick-off the 2020 Q2 earnings season for the sector this week have been hit hard in the ongoing pandemic-driven economic downturn.

WFCNo Net Change ORCLNegative Net Change NKENegative Net Change NFLXPositive Net Change JPMPositive Net Change JNJNegative Net Change IBMNegative Net Change FDXPositive Net Change CNegative Net Change ADBENegative Net Change