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We’ll also hear from Home Depot and Lowe’s soon.
With more than 90% of S&P 500 companies reporting, it’s looking like an A.
Due to the government shutdown, some pieces of the calculation puzzle for corporate earnings and outlook reports are missing.
Tariffs are part of the story, of course. But not all of it.
Profits in the second quarter are on track for about 12% year over year growth, according to an analysis by FactSet.
Corporate guidance is all about setting expectations. Why set them high when you can underpromise and overdeliver?
The dollar’s value has been stabilizing in recent months. That could help companies’ profits in the near future.
How individual companies are faring can help answer broader questions about things like inflation and consumer spending.
The level of corporate earnings manipulation is similar to that of other pre-recessionary periods, according to the M-Score.
Microsoft and Alphabet both reporting earnings this week. Expect AI to play a big role in their earnings reports.