Earnings (General News) 02 (Oct 16 - Dec 25)

[behappyalways]

Elsewhere in the S&P 493, however, we can see downward earnings revisions have been a theme as margin compression is expected as disinflation prevails.
https://twitter.com/Mayhem4Markets/stat ... 2314856948

[behappyalways]

Line of the day: "AI has begun showing up in financial results - just more on expenses than revenue."
https://twitter.com/zerohedge/status/17 ... 4988000733

[behappyalways]

"Investors often ask us whether the group’s 30x P/E multiple is sustainable given rest of the index trades at 18x.

The premium valuation reflects investor expectations the ‘Mag 7’ will post 3-year CAGR sales growth of 12% vs. 3% for the S&P 493."
https://twitter.com/AyeshaTariq/status/ ... 5981509849

[behappyalways]

Mega Cap valuations look more reasonable when adjusted for growth.
https://twitter.com/AyeshaTariq/status/ ... 4993011098

[winston]

Q1 2024 Earnings

Looking ahead, analysts expect (year-over-year) earnings growth of 3.9% for Q1 2024 and 9.0% for Q2 2024.

For CY 2024, analysts are calling for (year-over-year) earnings growth of 10.9%.

Because earnings are surging to record highs.

Where earnings go, stocks follow. That’s the simple truth about stocks…

Earnings are ramping. Stocks will therefore keep pushing higher, too.

Source: Investor Place

[behappyalways]

Profit growth in 2024 is being downgraded by analysts
https://twitter.com/Mayhem4Markets/stat ... 8576189822



Following 2023’s modest -2.6% earnings decline, there is now a clear sequential improvement in the quarterly EPS data. In fact, the 2024 calendar year estimate is now ticking higher at 9.5%.
https://twitter.com/TimmerFidelity/stat ... 8119253400

[winston]

Yardeni Research forecasts an 11% rise in S&P 500 earnings this year to $250

That means that the popular index, at around 5,130 today, trades at 20.5 times 12-month forward earnings.

High? Yes, but not egregiously high.

Yardeni sees S&P 500 earnings adding another 10% in 2025 to $275.

Source: IBD

[behappyalways]

The current earnings yield on the S&P500 is 3.45% which is below bond yields, and this just means there’s more catching up to do.
https://twitter.com/AyeshaTariq/status/ ... 3335027753

[winston]

US: 1Q Earnings

Analysts polled by FactSet expect first-quarter earnings of S&P 500 companies to grow 3.1% from the prior year.

That would mark the third straight quarter of earnings growth. Full-year profits are expected to swell 10.7%.

Earnings season kicks off next week with Delta Air Lines, Citigroup, BlackRock, JPMorgan Chase and Wells Fargo.


Source: CNN Business

[behappyalways]

It's All About Mag 7 Earnings: Without Them S&P Profit Growth Is Negative
https://www.zerohedge.com/markets/its-a ... h-negative