Read the full article on Investing.com.
Excerpt:
- S&P 500 EPS growth for Q3 is set to come in at 2.2%, unchanged in the last two weeks, and still at the lowest level since Q3 2020
- This week 15 S&P 500 companies are expected to report results, many from the consumer discretionary sector.
- Potential surprise: Salesforce (NYSE:CRM)
The final act of Q3 earnings season is upon us, the time when we begin to hear from US retailers. Next week big names in the space, such as Walmart (NYSE:WMT), Target Corporation (NYSE:TGT), TJX Companies (NYSE:TJX), Home Depot (NYSE:HD), and Lowe’s Companies (NYSE:LOW) release results that will show how the third quarter performed, which includes back-to-school shopping, and will give investors an idea of how the holiday shopping season is faring.
Also, expect to hear comments about the impact of inflation, which perhaps will turn more positive given Friday’s better-than-expected CPI report, which showed that the inflationary environment might be easing.
Recent Content
-
_thumb.png)
The Magnificent 7 Get Set to Report Amidst an S&P 500 Losing Streak
-
_thumb.png)
CEO Uncertainty Spikes After Improving Last Quarter
-
_thumb.png)
Earnings Season Heats Up, Spotting Two Unusual Reporting Dates in the Consumer Space
-
CNBC: Brace Yourself for Short-Term Volatility
-
Cheddar: It's Not Just You: The ‘Vibes Are a Little Off’ in This Economy
-
Data Minds - Triple Threat: Leveraging Data to Manage AI, ESG, and ETF Risks | April 11, 2024 [Recording Available]
-
Seeking Alpha: Q1 2024 Earnings Preview: Will Reports Be Good Enough To Turn Markets Positive
-
BNN Bloomberg: Markets today: 'Mag Seven' power stocks in run-up to U.S. earnings
-
_thumb.png)
Q1 2024 Earnings Preview: Will Reports be Good Enough to Turn Markets Positive?
-
[Podcast] Interactive Brokers: The Ins and Outs of Earnings Announcements
