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Earnings Outlook: Archive

Sheraz Mian

S&P 500 Q2 Earnings: Stripping Out the Outsized Impact of Alphabet and Micron

The picture emerging from Q2 earnings is one of broad-based strength. Companies are comfortably beating consensus estimates-even as those forecasts were revised upward leading into the reporting cycle-while the overall pace of earnings growth continues to accelerate noticeably.

IBMPositive Net Change MUNegative Net Change GOOGLPositive Net Change SPCXNegative Net Change

Sheraz Mian

S&P 500 Q2 Earnings Beats Hit 5-Year Highs as Growth Accelerates

The Q2 earnings season is displaying exceptional momentum, characterized by widespread beat rates and an accelerating growth pace. These early results strongly validate the underlying health and resilience of the corporate earnings picture.

TPositive Net Change CMEPositive Net Change GMPositive Net Change WABPositive Net Change

Sheraz Mian

Early Q2 Results Reveal a Highly Robust Earnings Landscape

While we are still in the opening stages of the Q2 reporting cycle, the early results strongly reinforce the robust corporate earnings trend we've been seeing, with the big banks starting off the Q2 earnings season with remarkable momentum.

BACPositive Net Change WFCPositive Net Change JPMPositive Net Change CPositive Net Change MUNegative Net Change

Sheraz Mian

A Positive Outlook as Q2 Earnings Season Gets Underway

Total Q2 earnings for the S&P 500 index are currently expected to be up +24.0% from the same period last year on +11.3% higher revenues, with expectations steadily increasing over recent months.

BACPositive Net Change WFCPositive Net Change JPMPositive Net Change CPositive Net Change

Sheraz Mian

Q2 Earnings Season Nears Kickoff: Bank Earnings in Focus

The overall revisions trend heading into the start of the Q2 cycle remains positive, with expectations steadily increasing over recent months. JPMorgan, Bank of America, Citigroup, and Wells Fargo will help start the June-quarter reporting cycle for the Finance sector on July 14th.

BACPositive Net Change WFCPositive Net Change JPMPositive Net Change CPositive Net Change

Sheraz Mian

What Will Q2 Earnings Season Show?

The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.

JPMPositive Net Change NKEPositive Net Change MUNegative Net Change FDXNegative Net Change STZPositive Net Change

Sheraz Mian

Making Sense of the Evolving Earnings Picture

Even when excluding the significant upward revisions to Energy sector estimates, aggregate Q2 earnings estimates for the remainder of the S&P 500 index would still be in positive territory since the start of April.

MUNegative Net Change NVDANegative Net Change

Sheraz Mian

Q2 Earnings Season Preview: What to Expect

Total Q2 earnings for the S&P 500 index are currently expected to be up +21.8% from the same period last year on +10.9% higher revenues, with 11 of the 16 Zacks sectors expected to enjoy positive earnings growth.

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Sheraz Mian

What Do Retail Earnings Reports Tell Us About Consumer Spending Trends?

We try to make sense of the consumer spending backdrop from the somewhat somber tone of management commentary on the retail earnings calls.

WMTPositive Net Change DLTRPositive Net Change BBYPositive Net Change

Sheraz Mian

Looking Ahead to the 2026 Q2 Earnings Season

As we wade closer to the 2026 Q2 earnings season, the overall earnings picture remains strong and broad-based, with the recent 2026 Q1 cycle aligning nicely with the positive trend.

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