Before the market opens, we’ll receive two economic data points — the April Producer Price Index and the weekly Jobless Claims report — that could exacerbate the expected move lower, or it could offer some reprieve if the data is better than expected.
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>>>
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 strategy to sell products at discounted prices has been helping players in the Retail – Discount Stores industry to attract customers, who have been seeking both value and convenience. Under the current circumstances, people in the low-to-middle income groups have been show
Given growing inflation concerns and the potential impact on the Fed’s monetary policy path, odds are high that data will chart the course for today’s trading, particularly for growth stocks.
This morning, Palantir (PLTR) released earnings and just after they did, the stock accelerated pre-release losses and, at one point was around ten percent below yesterday’s close, a level that itself was around fifty-nine percent below the January high.
Retailers are likely to stage a comeback this earnings season. Much of the recovery is expected to have come from the resumption of economic activities and movements as vaccination drives catch pace. As consumers have started to get out of their houses, there has been a revived d
The following companies are expected to report earnings after hours on 05/10/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Simon Property Group, Inc. (SPG) is reporting for the quarter ending March 31, 2021. The reit company's consensus earnings
With over eighty percent of S&P companies having reported earnings so far this season, usually at about this time I like to take a step back and evaluate earnings in a general sense. How do results stack up against expectations? What does it mean for things going forward?
During the first quarter of 2021, amid coronavirus-induced market uncertainty across the globe, the business services space steadily gathered steam on the back of gradual resumption of business activities, increased adoption and success of the work-from-home model, rise in demand
Coming into this week, consumers are bracing for paying more at the gas pump following the cyberattack on Colonial Pipeline, the operator of the largest petroleum pipeline between Texas and New York that carries 2.5 million barrels a day to the East Coast
The following companies are expected to report earnings prior to market open on 05/10/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Duke Energy Corporation (DUK) is reporting for the quarter ending March 31, 2021. The electric power utilities co
Our take on the Q1 earnings season has been justifiably positive, with the reported results handily exceeding expectations and management guidance and qualitative commentary leading to raised expectations for the current and coming periods.
The following companies are expected to report earnings after hours on 05/07/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Univar Solutions Inc. (UNVR) is reporting for the quarter ending March 31, 2021. The chemical company's consensus earnings
As U.S. stocks head into a seasonally rocky stretch, investors are gauging to what extent markets have anticipated a number of factors that could sway asset prices, from massive government stimulus to looming inflation.
The Q1 earnings season turned out to be everything that the market was looking for, and then some.Companies easily beat top- and bottom-line estimates that had gone up ahead of the start of the reporting cycle, unlike in the past when estimates would go down before earnings relea