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Earnings Outlook: Archive

Sheraz Mian

Making Sense of the Earnings Picture During the Coronavirus

The ongoing Q1 earnings season is less about what happened in the January-through-March period and more about evolving expectations for the current and coming quarters, which continue to be set lower as a result of the pandemic...

TNegative Net Change PGPositive Net Change KONegative Net Change KMBPositive Net Change

Sheraz Mian

Shaky Start to Q1 Earnings Season

Bank quarterly reports give us a sense of the earnings hit we have suffered as a result of this pandemic whose full impact will only show up in Q2...

JPMNegative Net Change CNegative Net Change BACNegative Net Change

Sheraz Mian

Taking Stock of the Earnings Picture Amid the Coronavirus Pandemic

Estimates have been coming down sharply as a result of the pandemic's earnings impact. While the bulk of the estimate cuts are concentrated in Q2 and Q3, all four quarters of 2020 are now expected to suffer earnings declines...

XOMPositive Net Change NKEPositive Net Change FDXPositive Net Change BAPositive Net Change ADBEPositive Net Change

Sheraz Mian

How Low Will Earnings Estimates Go?

Earnings estimates have been coming down sharply as analysts start coming to terms with the pandemic's impact...

XOMPositive Net Change NKEPositive Net Change FDXPositive Net Change BAPositive Net Change ADBEPositive Net Change

Sheraz Mian

Earnings Estimates Falling Sharply

Earnings estimates have come down sharply as a result of the Covid-19 pandemic, with 2020 earnings now expected to suffer a modest decline...

XOMPositive Net Change NKEPositive Net Change FDXPositive Net Change BAPositive Net Change ADBEPositive Net Change

Sheraz Mian

The Earnings Uncertainty

Estimates for 2020 Q1 and Q2 have come down sharply in recent weeks, with both the quarters in negative territory now and all of this year's growth now coming from the back half of the year, due to coronavirus uncertainty...

ORCLNegative Net Change FDXPositive Net Change ADBEPositive Net Change

Sheraz Mian

How the Coronavirus Has Impacted Earnings

While estimates for 2020 Q1 and Q2 have come down sharply over the last few weeks, with Q1 now in negative territory and Q2 barely positive, analysts have largely left estimates for the second half of the year intact, at least for now...

ORCLNegative Net Change FDXPositive Net Change ADBEPositive Net Change

Sheraz Mian

Q1 Estimates Holding Up Despite Virus Impact

Estimates for 2020 Q1 have come down, but the negative revisions still compare favorably to other recent periods despite the virus impact...

WYNNNegative Net Change SBUXPositive Net Change RCLPositive Net Change AAPLPositive Net Change

Sheraz Mian

A Positive Earnings Picture

The picture emerging from the Q4 earnings season is one of steady improvement in the overall picture. For the 352 S&P 500 members that have reported Q4 results already, total earnings are up +0.9% from the same period last year...

WYNNNegative Net Change SBUXPositive Net Change RCLPositive Net Change

Sheraz Mian

Q4 Earnings Season Scorecard

The picture emerging from the Q4 earnings season is one of steady improvement. For the S&P 500 members that have already reported Q4 results, total earnings are up +0.4% on +3.0% higher revenues...

MSFTNegative Net Change INTCPositive Net Change GOOGLNegative Net Change AAPLPositive Net Change

Sheraz Mian

The Impact of Coronavirus on Corporate Earnings

The full impact of the outbreak will take some time to become clear, but it will be negative.

MSFTNegative Net Change INTCPositive Net Change FBNegative Net Change AAPLPositive Net Change

Sheraz Mian

Earnings Outlook Improving

The picture emerging from the Q4 earnings season is one of steady improvement. And we have 141 S&P 500 members out already...

INTCPositive Net Change IBMPositive Net Change AAPLPositive Net Change

Sheraz Mian

Tech Earnings Expected to Turn Around

While both the Tech and Energy sectors have been drags on the aggregate growth picture, the outlook for Tech appears to have changed for the better.

INTCPositive Net Change FBNegative Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

Q4 Results Show Improving Earnings Picture

For the 75 S&P 500 members that have reported Q4 results already, total earnings are down -1.3% from the same period last year on +3.2% higher revenues...

WFCNegative Net Change JPMNegative Net Change GSPositive Net Change CNegative Net Change BACNegative Net Change

Sheraz Mian

Are Earnings Reports Just OK, or Better than Expected?

We discuss the Q4 earnings results thus far and expectations for the still-to-come reports.

SPYPositive Net Change JPMNegative Net Change GSPositive Net Change BACNegative Net Change

Sheraz Mian

Banks Provide Mixed Start to Q4 Earnings Season

For the Finance sector, we now have Q4 results from 33.2% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance sector companies are down -2.2%...

WFCNegative Net Change JPMNegative Net Change GSPositive Net Change CNegative Net Change BACNegative Net Change

Sheraz Mian

Q4 Earnings Season Gets Underway

Total earnings or aggregate net income for the S&P 500 index are expected to be down -3.7% in Q4 from the same period last year on +3.4% higher revenues...

WFCNegative Net Change JPMNegative Net Change CNegative Net Change

Sheraz Mian

Looking Ahead to the Q4 Earnings Season

We did not see much earnings growth in the first three quarters of the year, primarily reflecting tough comparisons to last year, and this trend is expected to continue in the last quarter of 2019 as well...

GISPositive Net Change FDXPositive Net Change COSTNegative Net Change ADBEPositive Net Change

Sheraz Mian

Do Mixed Q3 Retail Earnings Indicate a Tepid Holiday Shopping Season?

The sector's Q3 results have no doubt been mixed at best, but the outlook for consumer spending remains positive.

WMTNegative Net Change TGTNegative Net Change MPositive Net Change KSSPositive Net Change

Sheraz Mian

Weak Retail Sector Earnings

The Retail sector's Q3 earnings performance has been weaker than what we saw from the same companies in the June quarter...

URIPositive Net Change TXNPositive Net Change HASPositive Net Change FASTPositive Net Change CATPositive Net Change

Sheraz Mian

A Favorable Earnings Picture

Total earnings (or aggregate net income) for the 455 S&P 500 companies that have reported results already are down -1.7% from the year-earlier level on +4.6% higher revenues...

URRNegative Net Change TXNPositive Net Change HASPositive Net Change FASTPositive Net Change CATPositive Net Change

Sheraz Mian

The Evolving Earnings Picture

The market's appreciation of the Q3 results is likely a reflection of relief that the earnings outlook has not taken as much of a hit as many appeared to fear following growing evidence of a global economic slowdown...

URIPositive Net Change TXNPositive Net Change HASPositive Net Change FASTPositive Net Change CATPositive Net Change

Sheraz Mian

Q3 2019 Earnings Season Scorecard

Total earnings (or aggregate net income) for the 341 S&P 500 companies that have reported results already are down -0.6% on +4.9% higher revenues...

URIPositive Net Change TXNPositive Net Change HASPositive Net Change FASTPositive Net Change CATPositive Net Change

Sheraz Mian

Spotlight on Tech Earnings

This week's Tech-heavy reporting docket will give us a good sense of this key sector's earnings outlook.

SPYPositive Net Change GOOGLNegative Net Change AAPLPositive Net Change

Sheraz Mian

Is the Earnings Picture Good or Mixed?

With one third of Q3 results already in, we take stock of how good or otherwise this reporting cycle has been thus far.

TWTRPositive Net Change MMMPositive Net Change HASPositive Net Change FPositive Net Change AAPLPositive Net Change