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Earnings Preview: Archive

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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?

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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.

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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...

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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...

KO CSCO AMAT

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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.

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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...

AMZN INTC AAPL MSFT GOOGL META

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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.

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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).

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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.

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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.

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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.

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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.

AMZN AAPL MSFT GOOGL META

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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...

AMZN AAPL MSFT GOOGL META

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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...

AMZN AAPL MSFT GOOGL SNAP META

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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.

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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.

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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

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Recession Fears and the Earnings Outlook

The Fed has been in tightening mode for a while now, but the unequivocally tough message since Jackson Hole took concrete shape after the recent FOMC meeting. Everyone in the markets appears to have finally 'received the memo'

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Reading Q3 Earnings Tea Leaves After the FedEx Bombshell

The shortfall in FedEx Ground, the unit that is tied closely to e-commerce deliveries in the U.S., has read-through implications for the U.S. consumer and operators in the digital economy.

ACN UPS GIS COST ADBE FDX

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Exploring the Energy Sector's Ongoing Earnings Boom

The sector's expected earnings haul in 2022, as well as current estimates for the next two years, represent all-time records for the space, easily surpassing the previous record set in 2008 when oil prices had gone above $140 per barrel.

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Exploring Weak Retail Sector Earnings and Guidance

The overall trend emerging from the Retail sector's Q2 results has been on the weak side, with most operators suffering from softening sales, rising expenses, bigger than expected inventory builds and lowered guidance for the current period.

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3 Key Takeaways from Q2 Earnings Season

The Q2 earnings season has turned out to be a lot better relative to what the market feared. While some companies did guide lower, most either reiterated guidance or actually raised their outlook.

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Apple, Amazon & Big Tech Showcase Their Earnings Power Once Again

No company is completely immune from cyclical forces. But even after conceding that point, it is hard not to be impressed with the strength of the Apple, Amazon and Microsoft numbers...

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Previewing Big Tech Earnings Ahead of a Huge Week for Wall Street

Beyond the big 5 Tech players, total Q2 earnings for the Technology sector as a whole are expected to be down -8.9% from the same period last year on +2.8% higher revenues...

AMZN AAPL MSFT GOOGL META

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Breaking Down JPMorgan, Citi & Big Bank Earnings

Both JPMorgan and Citi showed strength in Main Street banking, helping partly offset weakness in Wall Street activities

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