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Earnings Preview: Archive

Sheraz Mian

Previewing Q2 FY21 Bank Earnings

The overall set up for bank earnings remains positive, with the stocks likely reversing their recent interest rate-centric weakness...

GSPositive Net Change BACPositive Net Change JPMPositive Net Change CPositive Net Change MSFTPositive Net Change UNHPositive Net Change DALPositive Net Change FASTPositive Net Change ORCLPositive Net Change COSTNegative Net Change TSMNegative Net Change

Sheraz Mian

Durable Earnings Growth Expected

The double-digit earnings growth expected in each of the next two years suggests the market isn't looking for a one-off rebound this year, but rather an enduring growth cycle...

GSPositive Net Change WFCPositive Net Change JPMPositive Net Change ORCLPositive Net Change COSTNegative Net Change WDFCNegative Net Change LEVINegative Net Change

Sheraz Mian

Making Sense of Q2 Earnings Season Expectations

The strong earnings growth we saw in Q1 and the even stronger growth expected in Q2 is also reflective of genuine growth in the absolute sense.

JPMPositive Net Change NKENegative Net Change ORCLPositive Net Change COSTNegative Net Change FDXPositive Net Change SPYPositive Net Change

Sheraz Mian

Is It Just Easy Comps Giving Us Strong Earnings Growth?

Earnings growth was very strong in Q1 2021 and is expected to be even stronger in the Q2 reporting cycle, with comparisons to the comparable Covid-depressed periods of 2020 a major source of the growth.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Sheraz Mian

Q2 2021 Earnings Season Preview

Even relative to the pre-Covid 2019 Q2 period, 2021 Q2 earnings are expected to be up +7.9%...

AAPLPositive Net Change

Sheraz Mian

Looking Ahead to Q2 Earnings Season

You can see that 2021 Q2 earnings for the S&P 500 index are expected to be up +58.4% from the Covid-hit 2020 Q2 period...

NVDAPositive Net Change DGNegative Net Change COSTNegative Net Change AZOPositive Net Change CRMPositive Net Change

Sheraz Mian

Revved Up Auto Sector Earnings Outlook

Total Q1 earnings for the sector were up +608.9% from the same period last year on +11% higher revenues...

TGTNegative Net Change HDNegative Net Change WMTNegative Net Change ORLYPositive Net Change TSLAPositive Net Change KMXNegative Net Change

Sheraz Mian

Earnings Boom for Housing and Construction

The goal in this piece is to share with you the very impressive Q1 results and rising estimates outlook for the economically sensitive sectors like Construction and others...

PWRNegative Net Change DISNegative Net Change EANegative Net Change LENNegative Net Change DHINegative Net Change BABAPositive Net Change GOOSNegative Net Change ABNBPositive Net Change DASHNegative Net Change

Sheraz Mian

Big Tech's Best Growth Days May Be Behind It

Our sense is that this is probably as good as it ever will get, with the growth trajectory steadily decelerating going forward...

MSFTPositive Net Change AMZNPositive Net Change AAPLPositive Net Change FBPositive Net Change GOOGLPositive Net Change

Zacks Equity Research

Shell (RDS.A) Gears Up for Q1 Earnings: What's in Store?

Shell's (RDS.A) Q1 upstream production is estimated between 2,400 and 2,475 thousand barrels of oil equivalent per day (boe/d) due to the Texas winter storm.

CVXNegative Net Change COGPositive Net Change BPNegative Net Change RDS.APositive Net Change

Sheraz Mian

Previewing Big Tech Earnings

Technology stocks have been less than stellar performers this year. Will tech turn things around during first quarter earnings season?

MSFTPositive Net Change AMZNPositive Net Change AAPLPositive Net Change TSLAPositive Net Change FBPositive Net Change GOOGLPositive Net Change SPOTPositive Net Change

Sheraz Mian

Big Banks Foreshadow the Improving 2021 Earnings Picture

The positive bank results aren't just reflective of business conditions in the first quarter of 2021, but rather a function of growing optimism about the coming quarters...

IBMPositive Net Change CSXNegative Net Change NFLXPositive Net Change PGNegative Net Change

Sheraz Mian

Looking Ahead to Big Banks' Q1 Earnings

The large money-center banks have enjoyed an amazing run this year, with these stocks handily outperforming not only the broader market but also many of last year's hot stocks.

JPMPositive Net Change NKENegative Net Change FASTPositive Net Change DALPositive Net Change COSTNegative Net Change FDXPositive Net Change WFCPositive Net Change TSLAPositive Net Change

Sheraz Mian

A Very Strong Q1 and 2021 Earnings Picture

This improving trend in estimate revisions accelerated over the last few months, as the chart below highlighting the evolution of 2021 Q1 earnings growth estimates shows...

JPMPositive Net Change NKENegative Net Change MUNegative Net Change MCKPositive Net Change COSTNegative Net Change FDXPositive Net Change LULUNegative Net Change BBPositive Net Change

Sheraz Mian

What Will Q1 2021 Earnings Season Show?

As the chart above shows, the expectation is for total S&P 500 earnings to increase +18.5% in Q1 from the same period last year on +5.3% higher revenues...

JPMPositive Net Change NKENegative Net Change GMEPositive Net Change COSTNegative Net Change ADBENegative Net Change FDXPositive Net Change GISPositive Net Change

Sheraz Mian

Previewing The Q1 2021 Earnings Season

As the chart above shows, the expectation is for total S&P 500 earnings to increase +18.5% in Q1 from the same period last year on +5.3% higher revenues...

JPMPositive Net Change NKENegative Net Change ORCLPositive Net Change COSTNegative Net Change FDXPositive Net Change ACNPositive Net Change

Sheraz Mian

Where Are We with Small-Cap Earnings?

For the S&P 600 index, we now have Q4 results from 551 companies or 91.7% of the index's total membership. Total earnings for these companies are up +0.6%...

SPYPositive Net Change IJRNegative Net Change SPSMNegative Net Change

Sheraz Mian

Market Shrugs Off Strong Retail Earnings

In terms of the Retail sector scorecard, we now have Q4 results from 78.8% of the retailers in the S&P 500 index...

TGTNegative Net Change HDNegative Net Change AMZNPositive Net Change WMTNegative Net Change EBAYPositive Net Change GPSPositive Net Change COSTNegative Net Change KSSNegative Net Change KRNegative Net Change

Sheraz Mian

Earnings Start Growing Again

It's a pleasant surprise that 2020 Q4 is on track to show a +3% earnings growth when the pre-season expectation was for an -11% decline...

NVDAPositive Net Change HDNegative Net Change BANo Net Change CRMPositive Net Change MNegative Net Change BYNDPositive Net Change ABNBPositive Net Change DASHNegative Net Change

Sheraz Mian

Earnings Estimates Keep Going Up

Earnings growth was expected to resume in the first quarter of 2021 after the pandemic-driven declines of 2020. But positive growth has arrived a little earlier...

DENegative Net Change WMTNegative Net Change AMATPositive Net Change SHOPPositive Net Change

Sheraz Mian

Q4 Earnings Growth Turns Positive

Positive growth has arrived a little earlier, with earnings in the ongoing Q4 earnings season now modestly above the year-earlier period...

BANo Net Change DISNegative Net Change KONegative Net Change TWTRPositive Net Change UBERPositive Net Change

Sheraz Mian

Earnings Strength and Market Weakness

Market volatility notwithstanding, we have to acknowledge that the fundamental backdrop, as reflected in the outlook for earnings and interest rates, remains very favorable...

IPNegative Net Change BANo Net Change AMZNPositive Net Change PFENegative Net Change UPSNegative Net Change GMEPositive Net Change GOOGLPositive Net Change SPOTPositive Net Change

Sheraz Mian

Q4 and 2021 Earnings Estimates Keep Going Up

We are off to a great start in the Q4 earnings season, with a historically high proportion of the reporting companies not only beating consensus EPS and revenue estimates, but also providing positive guidance and commentary...

JPMPositive Net Change JNJPositive Net Change BANo Net Change CPositive Net Change AAPLPositive Net Change MMMPositive Net Change WFCPositive Net Change TSLAPositive Net Change FBPositive Net Change

Sheraz Mian

Positive Start to Q4 Earnings Season

We are off to a great start in Q4 earnings season, with the big banks coming out with a notably improved profitability picture relative to what they were able to show in preceding periods.

JPMPositive Net Change IBMPositive Net Change CPositive Net Change CSXNegative Net Change WFCPositive Net Change NFLXPositive Net Change PGNegative Net Change

Sheraz Mian

Big Bank Q4 Earnings Preview

The large money-center banks that will kick-off the Q4 2020 earnings season for the sector this week have suffered a significant hit to profitability as a result of the pandemic...

JPMPositive Net Change NKENegative Net Change CPositive Net Change ORCLPositive Net Change DALPositive Net Change ADBENegative Net Change FDXPositive Net Change WFCPositive Net Change