Back to top

Earnings Preview: Archive

Sheraz Mian

Q4 Earnings Season Preview

The consensus expectation is for total S&P 500 earnings to decline -11% in Q4 from the same period last year on essentially flat revenues. This would follow the -7% decline in Q3 and -32.2% decline in Q2...

JPMPositive Net Change PAYXNegative Net Change CTASPositive Net Change ORCLPositive Net Change FDXPositive Net Change KMXNegative Net Change

Sheraz Mian

The Retail Sector's Strong Earnings Performance

The common view about the Retail sector is a space that has been particularly hit hard by the Covid-19 pandemic. But that's hardly the full story...

WMTNegative Net Change TGTNegative Net Change MNegative Net Change LOWNegative Net Change KSSNegative Net Change HDNegative Net Change GPSPositive Net Change DENegative Net Change BBYNegative Net Change AMZNPositive Net Change ADSKNegative Net Change ANegative Net Change

Sheraz Mian

Earnings Preview: What to Expect from the Retail Sector

The Retail space had been experiencing a secular transition over the last few years, with consumer dollars steadily shifting to the online medium and traditional malls suffering falling foot traffic...

WMTNegative Net Change WDAYPositive Net Change TSNNegative Net Change TGTNegative Net Change NVDAPositive Net Change MNegative Net Change KSSNegative Net Change HDNegative Net Change AMZNPositive Net Change

Sheraz Mian

Tech Leadership Reflects Earnings Power

These companies may not be monopolies, in the legacy legal sense, but they are nevertheless as sustainably profitable as if they were the Standard Oil of the past.

MSFTPositive Net Change GOOGLPositive Net Change FBPositive Net Change DISNegative Net Change CSCONegative Net Change AMZNPositive Net Change AMATPositive Net Change AAPLPositive Net Change

Sheraz Mian

Are Technology Companies Losing Their Earnings Power?

The market appears to be reevaluating its position on the big technology stocks, with the trend becoming even clearer after Thursday's quarterly releases from Apple, Amazon, and others...

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

Sheraz Mian

Previewing Big Tech Earnings

Technology stocks have lost some of their shine in recent weeks, as some previously ignored groups appear to be finally catching a bid. But tech remains the undisputed leader in the market...

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

Sheraz Mian

Early Q3 Results Show Earnings Recovery in Place

With results from 49 index members already out, we will have seen Q3 results from 27% of the index's total membership by the end of the coming week.

TSLAPositive Net Change PGNegative Net Change NFLXPositive Net Change KONegative Net Change INTCNegative Net Change

Sheraz Mian

Are Bank Stocks Cheap or Value Traps?

Driving this underperformance is the group's cyclical exposure, with the demand for credit and other banking services strongly correlated with GDP growth...

WFCPositive Net Change SLBNegative Net Change JPMPositive Net Change JNJPositive Net Change FASTPositive Net Change DALPositive Net Change CPositive Net Change BACPositive Net Change

Sheraz Mian

Previewing the Q3 Earnings Season

The expectation is for total S&P 500 earnings to decline -22.8% from the same period last year on -2.9% lower revenues...

PAYXNegative Net Change JPMPositive Net Change DPZNegative Net Change

Sheraz Mian

Handicapping the Q3 Earnings Season

The earnings outlook has been steadily improving since the start of Q3, as economic and business activities have resumed...

PEPPositive Net Change NKENegative Net Change MUNegative Net Change JPMPositive Net Change FDXPositive Net Change COSTNegative Net Change CPositive Net Change AANegative Net Change

Sheraz Mian

What Will the Q3 Earnings Season Show?

The earnings outlook has been steadily improving since the start of Q3, as economic and business activities have resumed... What's next?

ORCLPositive Net Change NKENegative Net Change GISPositive Net Change FDXPositive Net Change COSTNegative Net Change

Sheraz Mian

Q3 Earnings Season Gets Underway

For Q3 as a whole, total S&P 500 earnings are expected to decline -23.7% from the same period last year -3.3% lower revenues...

ZMNegative Net Change ORCLPositive Net Change LENNegative Net Change INTCNegative Net Change FDXPositive Net Change ADBENegative Net Change AAPLPositive Net Change

Sheraz Mian

Improving Economic Momentum Driving Earnings Gains

Q3 earnings for the S&P 500 index are currently expected to decline -23.9% from the same period last year. But the growth picture has been steadily improving since the start of July...

ULTANegative Net Change DGNegative Net Change BBYNegative Net Change

Sheraz Mian

Can the Earnings Picture Continue to Improve?

While earnings took a big hit in Q2, as was expected all along, the impact turned out to be less significant than initially projected...

WMTNegative Net Change TGTNegative Net Change NVDAPositive Net Change HDNegative Net Change

Sheraz Mian

Making Sense of the Earnings Picture

The 445 S&P 500 members are down -34.8% on -10.9% lower revenues...

TPRPositive Net Change CSCONegative Net Change AMATPositive Net Change

Sheraz Mian

These 3 Charts Clearly Tell the Q2 Earnings Season Story

For the Tech sector, we now have Q2 results from 82.9% of the sector's market capitalization in the S&P 500 index. Total earnings for these Tech companies are down -1.8% on +2.5% higher revenues...

XOMNegative Net Change MSFTPositive Net Change KONegative Net Change GOOGLPositive Net Change FBPositive Net Change BANo Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

The Technology Sector Shows its Earnings Power Amid Coronavirus

Total earnings for these Tech companies are down -5.2% on +1% higher revenues...

XOMNegative Net Change MSFTPositive Net Change INTCNegative Net Change GOOGLPositive Net Change FBPositive Net Change CVXNegative Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

Previewing the Tech Sector's First Full Coronavirus Earnings Season

Tech stocks have been in the vanguard of the market's recovery from the March 23 lows and it may not be easy for these companies to satisfy the market's lofty expectations...

TXNNegative Net Change TWTRPositive Net Change MSFTPositive Net Change MSPositive Net Change JPMPositive Net Change INTCNegative Net Change GSPositive Net Change GOOGLPositive Net Change AMZNPositive Net Change

Sheraz Mian

What Will Q2 Bank Earnings Reveal?

The large money-center banks that will kick-off the 2020 Q2 earnings season for the sector this week have been hit hard in the ongoing pandemic-driven economic downturn.

WFCPositive Net Change ORCLPositive Net Change NKENegative Net Change NFLXPositive Net Change JPMPositive Net Change JNJPositive Net Change IBMPositive Net Change FDXPositive Net Change CPositive Net Change ADBENegative Net Change

Sheraz Mian

What Will Push Stocks Higher?

We have seen some good economic data in recent days, with the June factory sector ISM and payroll numbers showing impressive momentum. So what will push stocks higher next?

PAYXNegative Net Change ORCLPositive Net Change NKENegative Net Change JPMPositive Net Change FDXPositive Net Change ADBENegative Net Change

Sheraz Mian

Handicapping the Q2 Earnings Season Amid the Coronavirus

Nike's huge miss reflected analysts' difficulty in coming up with reasonable estimates in a backdrop of pandemic-driven lockdowns in many parts of the world...

STZNegative Net Change ORCLPositive Net Change NKENegative Net Change MUNegative Net Change JPMPositive Net Change GISPositive Net Change FDXPositive Net Change CAGNegative Net Change ADBENegative Net Change

Sheraz Mian

Q2 Earnings Season to Provide Coronavirus Earnings Clarity

The negative revisions trend has eased in recent weeks, which can be interpreted as reflecting the effects of the economy's reopening...

ORCLPositive Net Change NKENegative Net Change JPMPositive Net Change DRINegative Net Change COSTNegative Net Change ADBENegative Net Change ACNPositive Net Change

Sheraz Mian

5 Charts that Tell the Coronavirus Corporate Earnings Story

We will let the following 5 charts tell how the aggregate corporate earnings story has unfolded in the wake of the Covid-19 pandemic...

ORCLPositive Net Change LENNegative Net Change KMXNegative Net Change JPMPositive Net Change COSTNegative Net Change AZOPositive Net Change ADBENegative Net Change

Sheraz Mian

Three Reasons Why the Coronavirus Economic Recovery will be Quick

All indicators suggest that this recession will be unlike any we have experienced in the past, with a sharp downturn in economic activities and employment, followed by a reasonably quick recovery...

NFLXPositive Net Change GPSPositive Net Change GOOGLPositive Net Change FBPositive Net Change CPBNegative Net Change AVGONegative Net Change AMZNPositive Net Change

Sheraz Mian

Looking Ahead to a Coronavirus-Damaged Q2 Earnings Season

In the pre-Covid world, the expectation was for earnings growth to resume in 2020 and continue into next year. But then the pandemic arrived and those expectations adjusted...

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