2019 earnings forecasts continue to deteriorate, bringing an earnings recession closer every week. But could earnings growth turn higher later this year?... Read More
All signs continue to point toward an earnings recession. Revenue declines typically follow.... Read More
All signs continue to point toward an earnings recession. Revenue declines typically follow.... Read More
Earnings recessions typically precede economic recessions, except when driven by a 50%+ collapse in crude oil prices.... Read More
The potential of an earnings recession in 2019 (two consecutive negative growth quarters) is now a real possibility.... Read More
Anyway it is cut, earnings are going to be a problem in 2019.... Read More
Q4 2018 earnings continue to benefit from the corporate tax cut. This will not be the case for Q1 earnings, prompting many analysts to project much lower growth in 2019.... Read More
Through Friday, only 61 (12%) of S&P 500 companies have reported Q4 2018 earnings. Estimates for the remaining 88% continue to decline. Q1 2019 earnings forecasts are now below the inflation rate.... Read More
Earnings season picks up steam this week. Q4 2018 earnings are expected to be decent, but all eyes will be on 2019 guidance.... Read More
The continued deterioration in European economies is impacting the global earnings outlook.... Read More
With Q3 2018 96% complete and showing a booming 25% earnings growth rate, we turn to Q4 2018 and Q1 2019 and see a dramatic slowing in expectations for both earnings and revenues growth.... Read More
As Q3 2018 earnings season comes to an end, we look ahead to Q4 2018 and Q1 2019 expectations. Without the benefit of the tax cuts, growth rates are expected to moderate. Slumping guidance further confirms the slowdown.... Read More
450 (90%) of the S&P 500 companies have reported Q3 2018 earnings. The beat rate is 77% and earnings are topping 25%, the best since 2011. But, have companies gone too far in gaming earnings as even beats are now a reason to sell?... Read More
374 of the S&P 500 companies have reported Q3 2018 earnings. Earnings growth should top 20% for the third quarter in a row, but revenue growth is not meeting expectations.... Read More
About half the S&P 500 companies have reported Q3 2018 earnings. Although Q3 growth estimates remain above 20%, companies' shares are not being rewarded for beating estimates. In a worrisome sign for the future, the majority of companies are coming up short on revenues.... Read More
85 (17%) of the S&P 500 companies have reported Q3 2018 results through Friday. One-third are expected to report this coming week. So far the results have shown a return to more normal growth rates now that the tax cuts have run their course. Overall it is a good quarter with revenue beats disappointing slightly.... Read More
So far only 28 (6%) of the S&P 500 companies have reported as earnings season kicks into high gear this coming week.... Read More
Q3 2018 earnings season is underway. Another big quarter is expected and presumably already priced in. Some of the unusual patterns due to corporate tax cuts are starting to wear off.... Read More
Q3 2018 earnings season is about to start. Another big quarter is expected and presumably already priced in. Some of the unusual patterns due to corporate tax cuts are starting to wear off.... Read More
Only 31 of the 406 (8%) S&P 500 earnings conference calls saw tariffs as an issue for their company. 240 companies did not even bring up the topic. 135 calls mentioned tariffs, but dismissed them as having no meaningful impact. The stock market seems unbothered by the trade wars, essentially at new highs.... Read More