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Earnings Preview: Archive

Sheraz Mian

Dissecting Retail Earnings and Shifting Consumer Spending Trends

It is no surprise that the combined weight of elevated inflation, rising interest rates, and uncertainty about the economy has forced consumers to change their spending behavior.

TGTNegative Net Change WMTNegative Net Change

Sheraz Mian

Retail Earnings Looming: What to Expect

There is undoubtedly stress at the lower end of income distribution. Given this development, one can intuitively project moderation in consumer spending as the economy further slows down under the weight of tighter monetary conditions.

AMZNPositive Net Change TGTNegative Net Change WMTNegative Net Change

Sheraz Mian

Q1 Earnings: Energy Sector in Focus

Crude oil prices appear to be reversing last week's losses, but prices are down significantly from the year-earlier level. What does this tell us?

BPNegative Net Change CVXNegative Net Change XOMNegative Net Change

Sheraz Mian

Breaking Down Big Tech Earnings

Mega-cap technology giants have been undeniably strong in 2023, outperforming the S&P 500 handily. But how were their earnings results?

AMZNPositive Net Change AAPLPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change METANegative Net Change

Sheraz Mian

Big Tech Earnings Looming: What to Expect

Tech stocks have been standout performers in the market this year, with a combination of favorable developments on the macro front driving momentum. Can the outperformance continue?

AMZNPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change SNAPNegative Net Change METANegative Net Change

Sheraz Mian

Analyzing Q1 Bank Earnings: Good or Bad?

There was plenty to like in these quarterly results, with higher interest rates helping these big players expand their margins while demand for loans remained strong, helping loan portfolios grow.

WFCPositive Net Change JPMPositive Net Change CPositive Net Change

Sheraz Mian

Breaking Down Upcoming Bank Earnings

The Zacks Finance sector, which includes all the banks, is expected to achieve +2.2% higher earnings in 2023 Q1 on +7% higher revenues. Given these expectations, where do banks go from here?

JPMPositive Net Change FRCPositive Net Change

Sheraz Mian

Analyzing Banking Woes and the Shifting Earnings Landscape

Banks are making headlines for all the wrong reasons in the wake of what appeared to be idiosyncratic issues at the Silicon Valley Bank. Where do we go from here?

JPMPositive Net Change NKENegative Net Change ORCLPositive Net Change FDXPositive Net Change FRCPositive Net Change

Sheraz Mian

2023 Q1 Earnings Preview: What Are Estimates Telling Us?

The 2022 Q4 earnings reports displayed that contrary to fears of an impending earnings cliff, companies were largely able to protect their bottom lines. Can they do the same in 2023 Q1?

ORCLPositive Net Change COSTNegative Net Change ADBENegative Net Change AZOPositive Net Change FDXPositive Net Change LENNegative Net Change

Sheraz Mian

Breaking Down Retail Earnings and Consumer Spending Trends

It is no surprise that the combined weight of elevated inflation, rising interest rates and uncertainty about the economy have forced consumers to change their spending behavior.

MNegative Net Change TGTNegative Net Change WMTNegative Net Change

Sheraz Mian

Previewing Walmart, Target and Retail Sector Earnings

Walmart is expected to report essentially flat earnings on +4.4% higher revenues in its quarterly report before the market opens on Tuesday, February 21st. Let's look at the entire retail sector to see what else to expect...

TGTNegative Net Change WMTNegative Net Change COSTNegative Net Change

Sheraz Mian

Making Sense of Earnings Revisions: Do They Support the Bullish Start to 2023?

With the bulk of the Q4 earnings season behind us, we can now say confidently that the overall picture that emerged from this reporting cycle is good enough; not great, but not bad either...

KONegative Net Change CSCONegative Net Change AMATPositive Net Change

Sheraz Mian

Making Sense of Apple, Amazon and Big Tech Earnings

The market's contrasting reactions to December-quarter results from the 'Big 5 Tech Players' - Apple, Amazon, Alphabet, Meta & Microsoft - provides us with useful clues as to what is most important to investors in these mega-cap players.

AMZNPositive Net Change AAPLPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change METANegative Net Change

Sheraz Mian

Will This Week's Big Tech Earnings Be a Train Wreck?

Broadly speaking, the market's favorable reaction to the Microsoft results is in the same spirit with which it has received all incoming results in the Q4 earnings season. Now let's see what's next...

AMZNPositive Net Change INTCNegative Net Change AAPLPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change METANegative Net Change

Sheraz Mian

Making Sense of the Early Q4 Results: Is An Earnings Cliff Coming?

By the end of this week, we will have seen quarterly results from about 28% of all S&P 500 members and will have a very good sense of whether the earnings-cliff narrative has started unfolding or been further pushed out.

JNJPositive Net Change PGNegative Net Change KMBNegative Net Change SYFPositive Net Change

Sheraz Mian

Plenty of Positives in Big Bank Earnings: What's Next?

The market liked what it saw in the fourth quarter releases from JPMorgan (JPM), Bank of America (BAC), Citigroup (C), and even Wells Fargo (WFC).

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

Sheraz Mian

Are We Headed for an Earnings Cliff?

To get a sense of what is currently expected, take a look at the chart below that shows current earnings and revenue growth expectations for the S&P 500 index for 2022 Q3 and the following three quarters.

COSTNegative Net Change CPBNegative Net Change AZOPositive Net Change AVGONegative Net Change

Sheraz Mian

Breaking Down Retail Earnings That Highlight Slowing Consumer Spending

It is no surprise that the combined weight of elevated inflation, rising interest rates and uncertainty about the economy have forced consumers to change their spending behavior.

MNegative Net Change TGTNegative Net Change WMTNegative Net Change LOWNegative Net Change

Sheraz Mian

Previewing Retail Sector Earnings as Inventory Issues Linger

The market seems to believe, based on its treatment of the two stocks, that Walmart is further along in addressing its inventory issue than Target.

TGTNegative Net Change WMTNegative Net Change CSCONegative Net Change NVDAPositive Net Change AMATPositive Net Change

Sheraz Mian

3 Things We Learned from the Q3 Earnings Season

The picture that emerged from the Q3 earnings season wasn't great, but it wasn't bad either. To that end, here are the three things we learned from the Q3 earnings season.

AMZNPositive Net Change AAPLPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change METANegative Net Change

Sheraz Mian

Making Sense of Big Tech Earnings After Amazon and Meta Tumble

The earnings bombshells from Amazon and Meta and sub-par releases from Alphabet and Microsoft have forced us all to revisit our long-held assumptions about the sustainability of these technology leaders' earnings power...

AMZNPositive Net Change AAPLPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change METANegative Net Change

Sheraz Mian

Here's What to Expect from Big Tech Earnings

Beyond the big 5 Tech players, total Q3 earnings for the Technology sector as a whole are expected to be down -14.1% from the same period last year on +1.8% higher revenues...

AMZNPositive Net Change AAPLPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change SNAPNegative Net Change METANegative Net Change

Sheraz Mian

Can Bank Stocks Maintain the Recent Momentum?

The market liked what it saw in the quarterly releases from JPMorgan (JPM), Citigroup (C) and even Wells Fargo (WFC) on an otherwise down day for the indexes.

WFCPositive Net Change JPMPositive Net Change MSPositive Net Change CPositive Net Change JNJPositive Net Change NFLXPositive Net Change PGNegative Net Change

Sheraz Mian

Why Is the Market So Down on Big Bank Stocks?

The big bank stocks have been laggards in the ongoing market pullback, though the Finance sector as a whole has held up relatively well on the back of strength in the insurance and regional bank spaces.

JPMPositive Net Change CPositive Net Change NKENegative Net Change MUNegative Net Change FDXPositive Net Change

Sheraz Mian

Previewing Q3 Earnings Season After Rough Reports from Nike and Micron

We are starting to look at these early reports from FedEx, Nike, Micron and others for their fiscal periods ending in August as giving us a preview of what likely lies ahead as the banks kick-off the Q3 reporting cycle in about two weeks

NKENegative Net Change MUNegative Net Change CAGNegative Net Change FDXPositive Net Change STZNegative Net Change