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Earnings Outlook: Archive

Sheraz Mian

Breaking Down the Q4 Scorecard and the Evolving Earnings Outlook

Looking at 2022 Q4 as a whole, aggregate S&P 500 earnings are currently expected to be down -5.8% on +5.3% higher revenues

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Sheraz Mian

A Steady Earnings Picture, Without a 'Cliff' In Sight

The Q4 earnings season continues to show that while growth is moderating and decelerating, it isn't falling off the cliff that many appeared to fear could be in store for us.

INTCNegative Net Change AMDNegative Net Change MSFTNegative Net Change

Sheraz Mian

Digging into the Early Q4 Earnings Season Scorecard

Looking at 2022 Q4 as a whole, aggregate S&P 500 earnings are currently expected to be down -7.2% on +3.9% higher revenues. The question now is what's to come?

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Sheraz Mian

A Good Enough Start to the Q4 Earnings Season

We are off to a good-enough start to the 2022 Q4 season, with no signs yet of an impending earnings cliff that will prompt management teams to overwhelmingly guide lower. That said, companies appear to be struggling to beat consensus estimates...

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Sheraz Mian

Are Earnings Estimates at Risk of Big Cuts in the Days Ahead?

Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be significantly lowered. Let's investigate...

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Sheraz Mian

2022 Q4 Earnings Season Preview: Will Estimates Hold Their Ground?

Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be lowered significantly. We strongly dispute the notion that earnings estimates remain out of sync with the economic ground reality...

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Sheraz Mian

Earnings Estimates Keep Coming Down

The trend of negative estimate revisions that was already firmly in place ahead of the start of the Q3 earnings season has further accelerated since then

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Sheraz Mian

Evaluating Further Downside Risks to Earnings Estimates

Full year 2023 earnings estimates have been coming down after peaking in mid-April, with the aggregate total down -8.4% from the peak for the index

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Sheraz Mian

Q3 Earnings Season - Better Than Expected or Lackluster?

We discuss the big-picture takeaways from the Q3 earnings season and the forces that shaped it.

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Sheraz Mian

Making Sense of the Earnings Picture and Estimate Revisions

Looking at 2022 Q3 as a whole, total S&P 500 earnings are currently expected to be up +1.5% from the same period last year on +11.4% higher revenues. Excluding contributions from the Energy sector, Q3 earnings for the rest of the index would be -6.0%

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Sheraz Mian

Breaking Down the Earnings Picture as Estimates Fade

Overall corporate profitability isn't great, but it isn't bad either. That said, estimates for the coming periods are steadily coming down, with the revisions trend accelerating in recent days.

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Sheraz Mian

The Earnings Picture Is Good, But Not Great

The picture emerging from the 2022 Q3 earnings season continues to go against pre-season fears of an impending earnings cliff. Overall corporate profitability isn't great, but it isn't bad either.

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Sheraz Mian

How Critical Is This Earnings Season?

We discuss whether the Q3 earnings season will be able to reset market expectations for the coming periods.

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Sheraz Mian

The Earnings Picture Is Good Enough, So Far

The picture emerging from the 2022 Q3 earnings season belies pre-season fears of an impending earnings cliff. The overall corporate profitability picture isn't great, but it isn't bad either.

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Sheraz Mian

Breaking Down the Rough Start to Q3 Earnings Season

The early 2022 Q3 results don't inspire a lot of confidence about the overall earnings picture. At this admittedly early stage, companies appear to be struggling to beat consensus estimates that had already come down significantly.

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Sheraz Mian

What Will Q3 Earnings Season Tell Wall Street?

Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.

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Sheraz Mian

Are Earnings Estimates Out of Sync with the Economy?

Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.

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Sheraz Mian

How Earnings Estimates are Evolving Amid Inflation and Higher Rates

Q3 estimates have been cut for 14 of the 16 Zacks sectors since the quarter got underway, with the biggest declines at the Consumer Discretionary, Consumer Staples, Technology, Retail and Conglomerates sectors.

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Sheraz Mian

Previewing the Q3 Earnings Season as Estimates Slide

Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset those estimate cuts elsewhere.

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Sheraz Mian

Looking Ahead to Q3 Earnings Amid Persistent Inflation and Rising Rates

Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.

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Sheraz Mian

Making Sense of Fading Earnings Estimates

Estimates for the last two quarters of this year and for next year are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.

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Sheraz Mian

The Market Sectors Showing Resilience As Earnings Estimates Slip

Q3 estimates have been cut for 13 of the 16 Zacks sectors since the quarter got underway, with the biggest declines at the Consumer Discretionary, Consumer Staples, Technology, Retail and Conglomerates sectors.

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Sheraz Mian

How Far Have Q3 Earnings Estimates Fallen?

The +2.4% earnings growth expected for the S&P 500 index in 2022 Q3 is down from...

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Sheraz Mian

Looking for Signs of Recession in the Earnings Data

With the bulk of the Q2 earnings season now behind us, we discuss the key trends emerging from this reporting cycle.

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Sheraz Mian

Taking Stock of the Earnings Picture

With the Q2 earnings season at the half-way mark, we discuss the key trends emerging from this reporting cycle.

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