July 8, 2013 | Daily JAM, Morning Briefing |
Earnings season for the second quarter starts officially today when Alcoa reports. Analyst estimates call for S&P 500 earnings growth of just 1.8% this quarter. Far and away the highest expectations are for the financial sector where earnings are projected to grow by 17%. Take away that performance by financials and earnings growth for the rest of the S&P 500 is projected to drop by 1%.
April 9, 2013 | Daily JAM, Stock Alerts |
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January 9, 2013 | Uncategorized |
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October 10, 2012 | Daily JAM, Morning Briefing, Short Term |
It’s not the dimension; it’s the direction that has the financial markets worried this morning after Alcoa (AA) reported third quarter earnings of 3 cents a share—excluding non-recurring items. That was better than the consensus estimate of a flat quarter. The problem, though, is that those better than consensus numbers came with a lower company forecast on global aluminum demand for 2012
July 9, 2012 | Daily JAM, Videos |
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April 10, 2012 | Uncategorized |
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April 9, 2012 | ARCO, CMI, Daily JAM, MCD, SLB, Uncategorized |
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January 9, 2012 | Daily JAM, Videos |
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October 12, 2011 | Daily JAM |
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July 11, 2011 | Daily JAM, Videos |
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April 12, 2011 | Daily JAM |
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January 11, 2011 | Daily JAM, Morning Briefing |
Alcoa (AA) reported a solid fourth quarter yesterday and projected a 12% increase in demand for aluminum in 2011.
