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Earnings Outlook: Archive

Sheraz Mian

Walmart Earnings & the State of the Consumer

We discuss what Walmart's blockbuster results tell us about the health of the consumer economy.

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Current Earnings Outlook Reflects Positivity

What we saw in the Q1 earnings season is a resilient and steadily improving profitability picture, both in terms of the growth rate as well as the evolving revisions trend. Can the positivity continue?

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Earnings Growth Poised to Accelerate

A big part of this year's earnings growth is expected to come from margins reversing last year's declines and starting to expand again. The revisions trend continues to show positivity, with expectations for 2024 Q2 and full-year 2024 modestly moving higher.

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A Positive Earnings Picture Remains

We have consistently flagged signs of improvement in the overall revisions trend in recent weeks, with estimates for 2024 Q2 and full-year 2024 moving modestly higher. Can the positivity continue?

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Breaking Down Q1 Earnings Results

The picture emerging from the Q1 earnings season is one of steady improvement and resilience, with the earnings growth pace modestly accelerating and estimates for the coming periods starting to increase. But will the positivity continue?

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Are Higher Interest Rates Weighing on Earnings Growth?

With Tech earnings set to dominate earnings headlines in the days ahead, we discuss to what extent elevated interest rates are weighing on profitability.

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Earnings Expectations Are Moving Higher

A favorable development concerning the earnings picture is signs of improvement in the overall revisions trend, with estimates in the aggregate starting to modestly increase. Are positive surprises looming?

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The 2024 Q1 Earnings Season Gets Underway

Early results appear to reconfirm trends we have seen in recent quarters, with growth modestly accelerating and positive surprises relatively hard to come by. With results from the big banks looming, what can investors expect?

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Bank Earnings Loom: What to Expect

The March-quarter reporting cycle will really get going once the big banks release their results on April 12th. But early results have already started trickling in, with 18 S&P 500 members already posting quarterly results.

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Making Sense of the Earnings Picture

As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. But how will the market react?

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Handicapping Q1 Earnings: What to Expect

The Q1 reporting cycle will pick up considerable steam when the big banks begin revealing results on April 12th. However, the 2024 Q1 cycle has actually already started, with seven S&P 500 members already delivering quarterly results.

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Tech Sector Resumes Growth Mode

As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. On the other hand, the Energy sector continues to negatively impact the overall earnings picture.

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Looking Ahead to Q1 Earnings: What's Next?

No major surprises emerged from the Q4 cycle, with the tone and substance of management guidance remaining largely favorable. What can we expect in 2024 Q1?

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Earnings Season: Retail Sector in Focus

Walmart kicked off the Q4 reporting cycle for the conventional retailers in style by handily beating estimates and providing reassuring guidance that many in the market see as conservative. What's in store for others?

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Handicapping the Earnings Outlook

We discuss the evolving earnings picture in light of how the Q4 earnings season has unfolded.

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Q4 Results Paint a Positive Earnings Picture

Notably, total earnings for Tech companies that have already reported results are up +21.7% from the same period last year on +6.5% higher revenues. Can the positivity continue?

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Q4 Earnings: Tech Sector Back in Growth Mode

The Tech sector continues to flex robust growth, solely responsible for keeping the Q4 earnings growth pace in positive territory.

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Q4 Earnings: Tech Flexes Strong Growth

Total earnings for Tech companies that have already reported results are up +19.3% from the same period last year on +6.6% higher revenues. Will the trend continue?

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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Breaking Down the Q4 Earnings Season Scorecard

Total Q4 earnings for the 83 S&P 500 members that have reported results so far are up +0.9% from the same period last year on +3.9% higher revenues. Big tech earnings loom - how will the market react?

AMZNNegative Net Change AAPLPositive Net Change MSFTNegative Net Change NVDANegative Net Change TSLAPositive Net Change GOOGLPositive Net Change METANegative Net Change

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Q4 Earnings Season Kicks Off Positively

We are off to a good start in the Q4 earnings season, with an above-average proportion of companies beating EPS estimates. Will the trend continue?

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Q4 Earnings Season Gets Underway

Q4 earnings for the S&P 500 index are currently expected to be down -0.4% from the year-earlier level on +2.2% higher revenues. How will the market react?

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Q4 Earnings Loom: What to Expect

Earnings estimates for Q4 have been steadily coming down since the quarter got underway, with the current -0.2% growth pace down from +5.5% in early October. Where do we go from here?

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Q4 Earnings: What Can Investors Expect?

Earnings estimates for Q4 have been steadily coming down since the quarter got underway, with the negative revisions trend fairly broad-based.

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Looking Ahead to Q4 Earnings

Earnings estimates for Q4 have been steadily coming down since the quarter got underway, a reversal of the favorable revisions trend we have previously highlighted. Where do we go from here?

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Has the Profit Cycle Bottomed?

We discuss how the overall earnings picture is shaping up after the Q3 results.

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