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Earnings Outlook: Archive

Sheraz Mian

Breaking Down the Positive Earnings Picture

The overall earnings picture continues to improve, a trend that we strongly feel will accelerate in the Summer months as signs of a sharp economic rebound emerge...

JPMPositive Net Change FNegative Net Change XOMNegative Net Change AAPLNegative Net Change CVXPositive Net Change

Sheraz Mian

The Return of Strong Earnings Growth

Total 2021 Q1 earnings are currently expected to be up +19.9% from the same period last year on +5.6% higher revenues...

JPMPositive Net Change FNegative Net Change XOMNegative Net Change AAPLNegative Net Change CVXPositive Net Change

Sheraz Mian

Q1 and 2021 Earnings Estimates Keep Going Up

Total 2021 Q1 earnings are currently expected to be up +19.5% from the same period last year on +5.4% higher revenues...

JPMPositive Net Change FNegative Net Change XOMNegative Net Change AAPLNegative Net Change CVXPositive Net Change

Sheraz Mian

Looking Ahead to Q1 2021 Earnings Season

Total 2021 Q1 earnings are currently expected to be up +19.3% from the same period last year on +5.3% higher revenues...

FNegative Net Change XOMNegative Net Change CVXPositive Net Change

Sheraz Mian

When Do Earnings Get Back to Pre-pandemic Levels?

Earnings growth has resumed earlier than expected, with 2020 Q4 earnings now expected to be above the year-earlier period.

TGTPositive Net Change HDPositive Net Change WMTNegative Net Change

Sheraz Mian

An All-Around Improving Earnings Picture

Looking at Q4 as a whole, total earnings for the S&P 500 index are expected to be up +3.0% on +3.1% higher revenues...

TGTPositive Net Change HDPositive Net Change AMZNPositive Net Change LOWPositive Net Change

Sheraz Mian

A Closer Look At Retail Sector Earnings

For the 88.9% of Retail sector market capitalization in the S&P 500 index that has reported results already, total earnings are up +15.1% on +14.8% higher revenues...

HDPositive Net Change AMZNPositive Net Change WMTNegative Net Change LOWPositive Net Change

Sheraz Mian

The Positive and Reassuring Earnings Picture Continues

Estimates for the current and coming quarters are steadily going up, as companies report better-than-expected Q4 results and guide higher

MSFTPositive Net Change AMZNPositive Net Change AAPLNegative Net Change FBPositive Net Change GOOGLPositive Net Change

Sheraz Mian

Is Aggressive Cost Cutting Driving Earnings Growth?

Earnings growth has resumed earlier than expected, with 2020 Q4 earnings now expected to be above the year-earlier period.

AMZNPositive Net Change AAPLNegative Net Change NFLXPositive Net Change GOOGLPositive Net Change

Sheraz Mian

A Very Strong Earnings Picture

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

MSFTPositive Net Change AMZNPositive Net Change AAPLNegative Net Change FBPositive Net Change GOOGLPositive Net Change

Sheraz Mian

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 AAPLNegative Net Change FBPositive Net Change GOOGLPositive Net Change

Sheraz Mian

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 JNJNegative Net Change BAPositive Net Change MMMPositive Net Change

Sheraz Mian

Earnings Outlook a Source of Support for the Market

The earnings picture is steadily improving, with estimates for the current and coming quarters going up.

MMMPositive Net Change GENegative Net Change

Sheraz Mian

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...

JPMPositive Net Change BACPositive Net Change CPositive Net Change WFCNegative Net Change

Sheraz Mian

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.

NKEPositive Net Change ORCLPositive Net Change COSTPositive Net Change FDXNegative Net Change

Sheraz Mian

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...

NKEPositive Net Change ORCLPositive Net Change COSTPositive Net Change FDXNegative Net Change

Sheraz Mian

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 2021...

ORCLPositive Net Change COSTPositive Net Change ADBEPositive Net Change AZONegative Net Change

Sheraz Mian

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...

NKEPositive Net Change ORCLPositive Net Change AZONegative Net Change FDXNegative Net Change

Sheraz Mian

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...

WMTNegative Net Change TGTPositive Net Change LOWPositive Net Change HDPositive Net Change

Sheraz Mian

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...

WMTNegative Net Change TGTPositive Net Change LOWPositive Net Change HDPositive Net Change AMZNPositive Net Change

Sheraz Mian

Covid-19, the Economy and Corporate Earnings

Estimates have been steadily going up despite challenges, which represents a notable bright spot on the earnings horizon.

MSFTPositive Net Change GOOGLPositive Net Change AMZNPositive Net Change AAPLNegative Net Change

Sheraz Mian

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 JBHTPositive Net Change INTCPositive Net Change AMZNPositive Net Change

Sheraz Mian

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 JBHTPositive Net Change INTCPositive Net Change

Sheraz Mian

Why is Wall Street Unimpressed with Positive Earnings Results?

Companies are beating consensus estimates at levels not seen in years, but the market doesn't seem to care.

MSFTPositive Net Change AMZNPositive Net Change AAPLNegative Net Change

Sheraz Mian

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 JBHTPositive Net Change INTCPositive Net Change