The busiest week for earnings so far this quarter delivered several positive surprises, as the broader U.S. market averages finished off the best January performance in three decades. Industrial and Energy stocks were the big winners for the month, led by an 18% gain in the underlying price...
If 2.9% is the actual growth rate for the quarter, it will mark the second consecutive quarter that the index has reported year-over-year growth in earnings. Seven of the eleven sectors are reporting year-over-year earnings growth, led by the Communication Services, Consumer Discretionary, Util...
At this early stage, the first quarter earnings season for the S&P 500 is off to a mixed start. On the positive side, both the percentage of S&P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises are at or above their 10-year averages. On the ...
But the stock will be somewhat extended at that level, so investors should be watching for earlier entry opportunities.In early August, Constellation Energy increased its full-year profit guidance even as second-quarter earnings and revenue came in slightly under analyst expectations. The company ...
2nd quarter, 2020 earnings could decline 50% given some of the dire forecasts out there, so the next two quarters will be a complete crap shoot (at this point) since most companies won’t want to give guidance. Summary / conclusion:Readers might laugh at the “2022” reference in the ti...
(Q3: +0.3 percentage points). The prior six quarters saw an average decline of 4.2 ppt heading into earnings season. This sets up another opportunity for Q3 to deliver a better-than-expected quarter if history repeats itself following a very strong earnings surprise rate i...
The China Tariff issue could definitely complicate that but as of yet, there has been little impact on the overall SP 500 earnings growth yet. That’s a big qualifier though. I do expect 2019 EPS to show stronger growth eventually than the 3% currently expected. 2020 bodes well (so far)...
SLB sank 2.9% to 58.21 on Friday after it reported third-quarter earnings, back below the 50-day line. On the week, SLB stock fell 1.3%. SLB stock has a short flat base with a 62.12 buy point. Wednesday's high of 61.20 could be used as an early entry for aggressive investors. SL...
Positive Reported Earnings in the Most Recent Quarter and on a Trailing Twelve Months (TTM) basis – i.e. the Sum of the Most Recent Historical Four Quarters Only the U.S.’s largest corporations with stable performance can be added to the S&P 500, and the list is reviewed and updated ...
company, it should have an unadjusted market cap of at least $12.7 billion and a float-adjusted market cap of at least 50% of that minimum threshold, and it must have positive as-reported earnings over the most recent quarter as well as over the four most recent quarters combined.1516 ...