We are in the second-half of the fourth-quarter 2022 earnings season. So far, results are mostly in line with expectations. As of Feb 10, 346 S&P 500 companies have reported their earnings results. Total earnings of these companies are down 6.2% year over year on 5.6%
Live Cattle prices are up, and EPS down
Earnings per share in Tyson Foods Inc. (NYSE: $TSN) have declined from $3.07 per diluted during the first quarter of 2022 to an astonishing $0.88 in the first quarter of 2023 (that's a 72% decline!). To understand if this will be the new
AbbVie Inc. (NYSE: ABBV) stock is back to where it started after the day after posting a mixed fourth-quarter earnings report. The company delivered a slight beat on expected earnings but came in light on the top line.
Immediately after the report, ABBV stock gapped up 5.8% in
Markets are closed the week looking for direction. The rally that began in January continued into the beginning of the week, but on Wednesday and Thursday, stocks reversed course. The belief that the economy could arrive at a soft landing is eroding, and the markets are now tryin
The following companies are expected to report earnings prior to market open on 02/13/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Check Point Software Technologies Ltd. (CHKP)is reporting for the quarter ending December 31, 2022. The security
With the bulk of the Q4 earnings season behind us, we can now say confidently that the overall picture that emerged from this reporting cycle is good enough; not great, but not bad either.
With the fourth-quarter 2022 earnings season well underway, several machinery companies have already reported their financial numbers. Despite a soft demand environment, most companies held up well on the top-line front, owing to pricing actions and strength across key en
Inflation data out this morning coupled with Russia’s move to cut oil production is renewing inflation concerns. These items seem to confirm Fed Chair Powell’s comments earlier this week predicting that the road to the Fed’s 2% target won’t be short.
While analysts are widely slashing earnings estimates for 2023, JinkoSolar Holding Co., Ltd. (NYSE: JKS), Halliburton Co. (NYSE: HAL), and Zscaler Inc. (NASDAQ: ZS) are among an elite group: Companies that have seen recent increases in earnings forecasts.
According to researche
While there’s conflicting economic and business sentiment about the home building industry, companies including D.R. Horton Inc. (NYSE: DHI), Lennar Corp. (NYSE: LEN), NVR Inc. (NYSE: NVR), PulteGroup, Inc. (NYSE: PHM), Toll Brothers Inc. (NYSE: TOL) are showing constructive cha
The following companies are expected to report earnings prior to market open on 02/10/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Enbridge Inc (ENB)is reporting for the quarter ending December 31, 2022. The oil (production/pipeline) company's
The following companies are expected to report earnings after hours on 02/09/2023. Visit our Earnings Calendar for a full list of expected earnings releases.PayPal Holdings, Inc. (PYPL)is reporting for the quarter ending December 31, 2022. The internet software company's consens
Campbell Soup Co. (NYSE: CPB) was among the U.S. large caps that bucked the bear market of 2022. With defensive names in favor, the soup and snacks maker was also one of few S&P 500 stocks that finished the year up at least 30%.
But after reaching an intraday high of $57.78 shor
The S&P 500 tech sector is up 18.65% in the past month, with sector component Fortinet (NASDAQ: FTNT) gapping up 12% on February 8.
The cybersecurity specialist was the sector’s best price performer in the session, with SolarEdge Technologies Inc. (NASDAQ: SEDG), First Solar In
Emerson Electric NYSE: EMR) shares began a downtrend that was accelerated by the FQ1 results and they are heading down toward a technical buy zone. The buy zone is near the $78 level as indicated by the chart pattern unfolding before us today. We have a strong sell-off and beari