See It Market: Corporate Earnings Update: Banks Disappoint, Big Tech On Tap
See the full article on See It Market
Summary:
- S&P 500 EPS growth for Q2 is set to come in at 4.2%, the lowest level since Q4 2020, and lower than expected at the start of the season
- Mostly disappointing results from banks push expected growth lower
- The LERI points to more companies showing signs of uncertainty heading into Q2 reports
- Earnings to watch this week: NFLX, TWTR, TSLA
- Peak weeks for Q2 season from July 25 – August 12
Recent Content
-
What’s the Next Financial Shoe to Drop? Eyeing a Late Earnings Date Confirmation
-
FactSet Insight: March Investor and Analyst Days
-
Investor Day Month: Key Analyst Days Happening in March
-
FlexTrade: Macro-Data Drives Hedge Fund Strategies
-
Signs Point Towards Not So Rosy Outlooks from Retailers
-
FactSet Insight: Despite Robust January Retail Sales There Are Signs That Outlooks From Retailers Won’t Be So Rosy
-
A Pair of Bullish Earnings Date Confirmation Stocks and A Bearish Late Retail Confirmer
-
Investor's Business Daily: 7 Stocks Generate An Astounding 25% Of The S&P 500's Profit
-
See It Market: 2023 ETF Trends - What Investors Should Look Out For
-
Earnings Growth Improves as Investors Ready Themselves for Retailers