The Zacks Business Services sector has had a strong third quarter of 2023, driven by an improving global macroeconomic environment, strong demand for services, improving supply chains, and strong digital adoption. However, labor m
The positive start to the week reflects the carryover from last week’s move higher as investors contemplate what’s next for the Fed and potential progress on averting a government shutdown later this month.
With Q3 results from more than 80% of S&P 500 members already out, we can confidently say that actual results have once again turned out to be better than expected. Keep in mind that Q3 earnings estimates had barely budged ahe
The following companies are expected to report earnings prior to market open on 11/06/2023. Visit our Earnings Calendar for a full list of expected earnings releases.BioNTech SE (BNTX)is reporting for the quarter ending September 30, 2023. The biomedical (gene) company's consens
The following companies are expected to report earnings after hours on 11/03/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Trinseo PLC (TSE)is reporting for the quarter ending September 30, 2023. The rubber & plastic company's consensus earn
Revenue rather than EPS, the makeup of the revenue, forward guidance, and market positioning are parts of the answer that I give when I am asked why stocks so often drop on good earnings
Estee Lauder Companies Inc. (NYSE: EL) is on track to regain traction. Despite solid trends in the beauty category, it faces substantial headwinds with the near-term outlook declining. The takeaway is that Estee Lauder stock will be a buy for 2025, but not until later in 2024. B
The majority of the players in the Zacks Transportation sector have already released third-quarter 2023 results. While the picture with respect to earnings growth remains dull, as expected, the percentage of companies beating earn
What the combined data says about the vector and velocity of the economy, wage pressure, and inflation in the Service economy will influence how the market finishes the week.
The following companies are expected to report earnings after hours on 11/02/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Apple Inc. (AAPL)is reporting for the quarter ending September 30, 2023. The computer company's consensus earnings per sha
As expected, the Fed left rates unchanged (while leaving the option open to hike in the future), recognizing that the recent increase in market rates should act to cool the economy.
Was Extreme Networks’ (NASDAQ: EXTR) disappointing revenue guidance a harbinger of what’s to come in the networking industry, or is there a company-specific problem?
“As far as slowed growth, we are seeing it across the industry,” Extreme Networks CEO Ed Meyercord told MarketBe
Remember that guy who got knighted by Queen Elizabeth for his philanthropic accomplishments? No? Maybe you remember him from multiplying his money after the 1929 depression and coming up with his now famous saying, which rhymes with investing at the point of maximum pessimism.
H
While investors ponder Fed Chair Powell’s comments from yesterday’s monetary policy presser, the market will decode several fresh pieces of economic data and another barrage of corporate earnings.
The Oil/Energy sector is more than halfway through the Q3 reporting cycle and, as expected, the earnings growth picture remains firmly in the negative. However, the beat percentages remain impressive, with the majority of energy f
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>