June 6, 2022 | Daily JAM, Morning Briefing |
As of June 3, FactSet reports, analysts had cut their earnings estimates during the first two months of the quarter for second quarter earnings by companies in the Standard & Poor’s 500 by 1.3% to $55.36 from $56.06. How significant is that? And what does it tell investors about the second quarter?
July 2, 2019 | Daily JAM, Morning Briefing, Short Term |
The forecast from earnings observers such as FactSet is that second quarter earnings will show a 2.5% drop from last year. So what does the average, reasonably smart CEO do? He or she goes to the Wall Street playbook and cuts guidance so that when earnings are...
April 19, 2019 | Daily JAM, Friday Trick or Trend |
Wall Street earnings estimates for the first quarter continue to retreat. According to FactSet, first quarter earnings per share in the Standard & Poor’s 500 are now expected to fall 4.3% year-over-year. That’s a further deterioration from the 4.1% drop in earnings Wall Street expected act the end of March. And it’s down from projections for 2% earnings growth three months ago.
January 8, 2019 | Daily JAM, Short Term, Volatility |
With today's announcement of a big miss from Samsung--and Apple's cut to December quarter guidance last week--it seems like CEOs and analysts are rushing to cut earnings estimates and projections before companies actually start to report next week. For example,...
April 28, 2011 | Daily JAM |
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