Christine Short, vice president of research at Wall Street Horizon, joined Cheddar News to discuss the latest earnings season and what we can expect for the next quarter.
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This week we get results from a number of large companies on major indexes that have pushed their Q3 earnings dates past their historical norms.
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Third quarter earnings season recently began. To complement the slew of new reports, Wall Street Horizon looks at recent findings from RavenPack that continue to highlight the important information that can be culled from the timing of earnings dates.
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The LERI improves to 85, doing an about face and perhaps suggesting companies are not as uncertain in the short-term.
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Traders can use trends in pre-announcements to trade around key earnings dates.
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S&P 500 EPS growth for Q3 is set to come in at 1.6%, the lowest level since Q3 2020 and sinking from the prior week due to downward revisions
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Earnings season is here, and Wall Street is excited about it.
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