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Earnings Outlook: Archive

Sheraz Mian

Taking Stock of the Earnings Picture Amid the Coronavirus Pandemic

Estimates have been coming down sharply as a result of the pandemic's earnings impact. While the bulk of the estimate cuts are concentrated in Q2 and Q3, all four quarters of 2020 are now expected to suffer earnings declines...

XOMNegative Net Change NKENegative Net Change FDXNegative Net Change BANegative Net Change ADBENegative Net Change

Sheraz Mian

How Low Will Earnings Estimates Go?

Earnings estimates have been coming down sharply as analysts start coming to terms with the pandemic's impact...

XOMNegative Net Change NKENegative Net Change FDXNegative Net Change BANegative Net Change ADBENegative Net Change

Sheraz Mian

Earnings Estimates Falling Sharply

Earnings estimates have come down sharply as a result of the Covid-19 pandemic, with 2020 earnings now expected to suffer a modest decline...

XOMNegative Net Change NKENegative Net Change FDXNegative Net Change BANegative Net Change ADBENegative Net Change

Sheraz Mian

The Earnings Uncertainty

Estimates for 2020 Q1 and Q2 have come down sharply in recent weeks, with both the quarters in negative territory now and all of this year's growth now coming from the back half of the year, due to coronavirus uncertainty...

ORCLNegative Net Change FDXNegative Net Change ADBENegative Net Change

Sheraz Mian

How the Coronavirus Has Impacted Earnings

While estimates for 2020 Q1 and Q2 have come down sharply over the last few weeks, with Q1 now in negative territory and Q2 barely positive, analysts have largely left estimates for the second half of the year intact, at least for now...

ORCLNegative Net Change FDXNegative Net Change ADBENegative Net Change

Sheraz Mian

Q1 Estimates Holding Up Despite Virus Impact

Estimates for 2020 Q1 have come down, but the negative revisions still compare favorably to other recent periods despite the virus impact...

WYNNNegative Net Change SBUXPositive Net Change RCLPositive Net Change AAPLPositive Net Change

Sheraz Mian

A Positive Earnings Picture

The picture emerging from the Q4 earnings season is one of steady improvement in the overall picture. For the 352 S&P 500 members that have reported Q4 results already, total earnings are up +0.9% from the same period last year...

WYNNNegative Net Change SBUXPositive Net Change RCLPositive Net Change

Sheraz Mian

Q4 Earnings Season Scorecard

The picture emerging from the Q4 earnings season is one of steady improvement. For the S&P 500 members that have already reported Q4 results, total earnings are up +0.4% on +3.0% higher revenues...

MSFTNegative Net Change INTCPositive Net Change GOOGLPositive Net Change AAPLPositive Net Change

Sheraz Mian

The Impact of Coronavirus on Corporate Earnings

The full impact of the outbreak will take some time to become clear, but it will be negative.

MSFTNegative Net Change INTCPositive Net Change FBPositive Net Change AAPLPositive Net Change

Sheraz Mian

Earnings Outlook Improving

The picture emerging from the Q4 earnings season is one of steady improvement. And we have 141 S&P 500 members out already...

INTCPositive Net Change IBMPositive Net Change AAPLPositive Net Change

Sheraz Mian

Tech Earnings Expected to Turn Around

While both the Tech and Energy sectors have been drags on the aggregate growth picture, the outlook for Tech appears to have changed for the better.

INTCPositive Net Change FBPositive Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

Q4 Results Show Improving Earnings Picture

For the 75 S&P 500 members that have reported Q4 results already, total earnings are down -1.3% from the same period last year on +3.2% higher revenues...

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

Sheraz Mian

Are Earnings Reports Just OK, or Better than Expected?

We discuss the Q4 earnings results thus far and expectations for the still-to-come reports.

SPYNegative Net Change JPMPositive Net Change GSPositive Net Change BACPositive Net Change

Sheraz Mian

Banks Provide Mixed Start to Q4 Earnings Season

For the Finance sector, we now have Q4 results from 33.2% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance sector companies are down -2.2%...

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

Sheraz Mian

Q4 Earnings Season Gets Underway

Total earnings or aggregate net income for the S&P 500 index are expected to be down -3.7% in Q4 from the same period last year on +3.4% higher revenues...

WFCPositive Net Change JPMPositive Net Change CPositive Net Change

Sheraz Mian

Looking Ahead to the Q4 Earnings Season

We did not see much earnings growth in the first three quarters of the year, primarily reflecting tough comparisons to last year, and this trend is expected to continue in the last quarter of 2019 as well...

GISPositive Net Change FDXNegative Net Change COSTPositive Net Change ADBENegative Net Change

Sheraz Mian

Do Mixed Q3 Retail Earnings Indicate a Tepid Holiday Shopping Season?

The sector's Q3 results have no doubt been mixed at best, but the outlook for consumer spending remains positive.

WMTPositive Net Change TGTNegative Net Change MNegative Net Change KSSPositive Net Change

Sheraz Mian

Weak Retail Sector Earnings

The Retail sector's Q3 earnings performance has been weaker than what we saw from the same companies in the June quarter...

URINegative Net Change TXNPositive Net Change HASNegative Net Change FASTPositive Net Change CATNegative Net Change

Sheraz Mian

A Favorable Earnings Picture

Total earnings (or aggregate net income) for the 455 S&P 500 companies that have reported results already are down -1.7% from the year-earlier level on +4.6% higher revenues...

URRNegative Net Change TXNPositive Net Change HASNegative Net Change FASTPositive Net Change CATNegative Net Change

Sheraz Mian

The Evolving Earnings Picture

The market's appreciation of the Q3 results is likely a reflection of relief that the earnings outlook has not taken as much of a hit as many appeared to fear following growing evidence of a global economic slowdown...

URINegative Net Change TXNPositive Net Change HASNegative Net Change FASTPositive Net Change CATNegative Net Change

Sheraz Mian

Q3 2019 Earnings Season Scorecard

Total earnings (or aggregate net income) for the 341 S&P 500 companies that have reported results already are down -0.6% on +4.9% higher revenues...

URINegative Net Change TXNPositive Net Change HASNegative Net Change FASTPositive Net Change CATNegative Net Change

Sheraz Mian

Spotlight on Tech Earnings

This week's Tech-heavy reporting docket will give us a good sense of this key sector's earnings outlook.

SPYNegative Net Change GOOGLPositive Net Change AAPLPositive Net Change

Sheraz Mian

Is the Earnings Picture Good or Mixed?

With one third of Q3 results already in, we take stock of how good or otherwise this reporting cycle has been thus far.

TWTRPositive Net Change MMMNegative Net Change HASNegative Net Change FNegative Net Change AAPLPositive Net Change

Sheraz Mian

Solid Start to Q3 Earnings Season

Total earnings for the 43 S&P 500 companies that have reported results already are down -3.8% on +3.7% higher revenues, with 83.7% beating EPS estimates and 60.5% beating revenue estimates.

JPMPositive Net Change GSPositive Net Change BACPositive Net Change

Sheraz Mian

Are we in an Earnings Recession?

The growth challenge this year is solely due to tough comparisons to last year's tax-cut driven record profits.

WFCPositive Net Change JPMPositive Net Change AAPLPositive Net Change