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>>>
Amid the usual weekly U.S. economic data and the December quarter earnings season, investors will be focused on the 12:00 PM ET inauguration of Joe Biden as the 46th president of the United States, looking for additional clues for his agenda when he addresses the nation.
U.S. corporate results and profit outlooks are becoming increasingly important in sustaining investor optimism in a stock market rally that has driven valuations close to a 20-year high.
The following companies are expected to report earnings prior to market open on 01/20/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Procter & Gamble Company (PG) is reporting for the quarter ending December 31, 2020. The cleaning company's
The December quarter earnings season kicks into a higher gear this week, with around 100 companies set to report over the coming days, and the tone of today’s trading will likely be set by mega-bank earnings out ahead of the market open.
Goldman Sachs Group Inc dwarfed estimates with a 153% jump in fourth-quarter profit on Tuesday, powered by another blowout performance at its core bond trading and underwriting business and an uptick in merger and acquisition activity.
The stock market’s record-shattering rally from the March 2020 lows have been nothing short of remarkable. But how much higher can we go, particularly as COVID cases (and deaths) in the United States continue to rise? That answer is starting to become a bit more clear.
We are off to a great start in Q4 earnings season, with the big banks coming out with a notably improved profitability picture relative to what they were able to show in preceding periods. This reconfirms our view of a steadily improving earnings outlook that we have been highlig
Per the latest Earnings Outlook, the Finance sector’s earnings are expected to decrease 4.8% while revenues are estimated to decline 2.4%. The Insurance industry is likely to report earnings growth for the fourth quarter.Integral to the insurance industry, the Property and Casu
President-elect Biden unveiled his $1.9 trillion U.S. stimulus plan, which was a tad below the expected $2 billion, and questions over how the plan will be paid for have started to emerge.
The following companies are expected to report earnings prior to market open on 01/15/2021. Visit our Earnings Calendar for a full list of expected earnings releases.J P Morgan Chase & Co (JPM) is reporting for the quarter ending December 31, 2020. The bank company's consens
The following companies are expected to report earnings after hours on 01/14/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Progress Software Corporation (PRGS) is reporting for the quarter ending November 30, 2020. The computer software company'
Here are the key points:The earnings reports will be for the last quarter of 2020, but the market’s focus will be on expectations for full-year 2021. We strongly believe that the revisions trend which has steadily been positive for the last few months will accelerate to the ups
Citigroup (C) has been one of the key standouts during the last six months, rising almost 30%, including returns of more-than 10% just this past week alone.
Bank stocks have been on an absolute tear of the past several weeks, driven by optimism over a vaccine which eased concerns not only about widespread customer defaults, but also the possibility that interest rates may soon begin to rise.
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>>>
The following companies are expected to report earnings prior to market open on 01/14/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is reporting for the quarter ending December 31, 2020. The