Earnings (General News) 02 (Oct 16 - Dec 24)

Re: Earnings (General News)

Postby winston » Sun Nov 04, 2018 9:16 pm

3Q Earnings

58 per cent of US companies by market cap have reported their third-quarter results and 79 per cent are beating analysts’ expectations for earnings growth.

Only 46 per cent have beaten revenue expectations but even this in line with the average level of expectation beatings since 2012.

Source: SCMP
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Tue Nov 06, 2018 2:08 pm

3Q Earnings

The third quarter has been strong for the majority of the 381 S&P 500 components that have already reported results, with nearly 78 percent posting positive earnings surprises.

The blended earnings growth rate for the S&P 500 is 24.9 percent, with the broad market index on track for its second-highest earnings growth since the third quarter of 2010, according to FactSet.

Source: GS
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Mon Dec 03, 2018 7:09 am

Weaker US Earnings?

Just as the correction was getting under way in October, earnings revisions dipped into negative territory, and the S&P fell 5.7 percent.

During the first three quarters there was 20-25 percent earnings growth but the current quarter was going to be more like 13 to 14 percent, and next year more like 5 to 6 percent.

"The worry that we have is you're going to see continued earnings revisions to the downside not just for Q4, but for 2019 as a whole."

Source: The Standard

http://www.thestandard.com.hk/section-n ... r=20181203
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Mon Jan 14, 2019 2:16 pm

The market is about to get bad news from corporate America

by Myles Udland

Overall, the fourth quarter is still shaping up to be fairly robust for corporate profits, with fourth quarter earnings reports from S&P 500 members so far indicating earnings growth north of 10% for the final quarter of the year.


Source: Yahoo Finance

https://finance.yahoo.com/news/q4-earni ... 05017.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Sun Feb 10, 2019 8:00 am

US: Q4 Earnings

Of the S&P 500 components that have reported quarterly numbers, 62% have reported positive revenue surprises, and 38% have reported revenue below the consensus estimate.

Of the S&P 500 components that have reported quarterly numbers, 70% have reported positive earnings surprises, 7% have reported earnings in-line with estimates and 23% have reported earnings below the consensus estimate.

Out of the nearly 250 S&P 500 components that have reported quarterly numbers, only 42 have issued earnings guidance for Q1 2019. Of these, only 9 companies have issued positive earnings guidance, while 33 companies have issued negative earnings guidance.

Analysts expect revenue growth to decelerate during 2019. The blended revenue growth rate for Q4 2018 is currently 6.6%, but analysts are forecasting the following revenue growth rates for the coming quarters:
Q1 2019: 5.7%
Q2 2019: 5.1%
Q3 2019: 4.9%
Q4 2019: 6.0%

Analysts expect earnings growth to not only decelerate during 2019 but also turn negative in Q1. The blended earnings growth rate for Q4 2018 is currently 12.4%, but analysts are forecasting the following earnings growth rates for the coming quarters:
Q1 2019: -0.8%
Q2 2019: 1.6%
Q3 2019: 2.7%
Q4 2019: 9.9%

Source: Strategic Trader
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Wed Feb 13, 2019 10:07 am

S&P companies with more global exposure have underperformed the rest of the market

For this analysis, the index was divided into two groups:
1. companies that generate more than 50% of sales inside the U.S. (less global exposure) and
2. companies that generate less than 50% of sales inside the U.S. (more global exposure).

Aggregate earnings and revenue growth rates were then calculated based on these two groups.

The blended (combines actual results for companies that have reported and estimated results for companies yet to report) earnings growth rate for the S&P 500 for Q4 2018 is 13.3%.

For companies that generate more than 50% of sales inside the U.S., the blended earnings growth rate is 16.6%. For companies that generate less than 50% of sales inside the U.S., the blended earnings growth rate is 8.4%.

The blended revenue growth rate for the S&P 500 for Q4 2018 is 7.0%. For companies that generate more than 50% of sales inside the U.S., the blended revenue growth rate is 7.2%. For companies that generate less than 50% of sales inside the U.S., the blended revenue growth rate is 6.7%.

And it turns out the same is true for earnings estimates going forward.

The estimated earnings growth rate for the S&P 500 for CY 2019 is 5.0%. For companies that generate more than 50% of sales inside the U.S., the estimated earnings growth rate is 6.7%. For companies that generate less than 50% of sales inside the U.S., the estimated earnings growth rate is 1.9%.

The estimated revenue growth rate for the S&P 500 for CY 2019 is 5.1%. For companies that generate more than 50% of sales inside the U.S., the estimated revenue growth rate is 5.9%. For companies that generate less than 50% of sales inside the U.S., the estimated revenue growth rate is 3.1%.

Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Sun Apr 14, 2019 8:03 am

Earnings Season Starts With a Bang

Friday started another earnings season with JP Morgan Chase, Wells Fargo and PNC Financial all posting results.

JP Morgan reported record profit and revenue, Wells Fargo beat expectations on quarterly earnings. PNC was the laggard in that it only met analyst expectations, but reported higher expenses and provision for credit losses.

Earlier this year the conventional wisdom around Q1 2019 earnings was about how bad they would be. Mostly this is because last year's first quarter was so outstanding that this year can't help but look bad in comparison.

So, what's driving all the buying?

Neil George, Editor of Profitable Investing attributes it to 4 factors:-
No. 1 is fear of missing out, (also known as "FOMO").
No. 2 is that the Federal Reserve Federal Open Market Committee (FOMC) finally got its messaging right.
No. 3 is the bond market.
No. 4 is the US dollar.

But he does see some potential downside for some stocks -- especially for one sector. As earnings roll in, Neil is watching the tech sector very closely and notes that big earnings disappointments in those stocks could drive everything lower.

Louis Navellier, editor of Growth Investor, pointed out that at least one of the signs he tracks is pointing to more stock market gains.

Historically, April is one of the seasonally strongest months of the year.

Source: InvestorPlace
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Mon Apr 22, 2019 3:30 pm

Jim Cramer Unveils His 5 Rules for Trading Stocks During Earnings Season

by Scott Van Voorhis

Rule No. 1: Listen to the Entire Earnings Call Before Acting
Rule No. 2: Don't Trying to Game Every Earnings Report
Rule No. 3: Remember That Forward Guidance Matters More Than Sales and Profits
Rule No. 4: Smart Investors Do a Monstrous Amount of Work During Earnings Season
Rule No. 5: Management Teams That Know How to Run Earnings Calls


Source: The Street

https://www.thestreet.com/investing/sto ... yptr=yahoo
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Mon Apr 29, 2019 8:09 am

No Earnings Recession

The S&P 500 companies that have already reported earnings make up half of the index's value. Results have impressed so far.

Nearly 80% of companies have reported bottom-line results that exceeded Wall Street's expectations, above the three-year average of 71%, according to Credit Suisse.

Companies that have beaten earnings estimates have gained less than 1% on their earnings reaction days, according to Bespoke. That's less than half the average one-day gain of 1.9% over the prior two decades.

And Wall Street has hammered companies that miss. For example, Post-It maker 3M plummeted nearly 13% on Thursday after reporting weak results and slashing its outlook.

Companies that have missed earnings-per-share estimates this month have declined by an average of 4.6%, compared with the historical average of 3.5%, according to a research report from Bespoke Investment Group on Friday.

One major area to watch is corporate revenue, which has lagged thus far.

Only 54% of companies that have reported results have beaten revenue estimates, according to Bespoke Investment Group.

Source: CNN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: Earnings (General News)

Postby winston » Wed May 01, 2019 9:15 am

Earnings season isn't the disaster many were anticipating

As of last Friday, nearly half (46%) of the companies in the S&P had reported Q1 earnings.

Of that, 77% have beaten estimates. According to FactSet, companies are reporting earnings that are 5.4% above estimates, which is above 5-year averages.

Note the tech sector boasting a whopping 96% of companies beating estimates. On the low end, only 57% of utility companies have beaten to date.

59% of companies that have reported to date have beaten sales estimates. That number is in-line with 5-year averages -- certainly not the train-wreck many were calling for a few weeks ago.

Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to Other Investment Instruments & Ideas

Who is online

Users browsing this forum: No registered users and 9 guests