October 25, 2020 | Daily JAM, Saturday Night Quarterback |
...huge numbers of earnings reports in the coming week with 93 on Monday, 178 on Tuesday, 319 on Wednesday, 397 on Thursday, and 81 on Friday. Let me pick out a few that have extra significance. On Tuesday Microsoft (MSFT), Advanced Micro Devices (AMD) and Caterpillar...
October 18, 2020 | Daily JAM, Saturday Night Quarterback |
...earnings season to move into full swing. Monday brings earnings reports from IBM (IBM), from PetsMed Express (PETS) in the red-hot pet sector, and Logitech International (LOGI), a key player in the computer peripherals market. Tuesday includes consumer powerhouse...
October 14, 2020 | Daily JAM, Volatility |
After the close today, October 14, United Airlines (UAL) reported a loss to $1.8 billion for the third quarter. Operating revenue fell 78% from the third quarter of 2019. In the second quarter United lost $1.6 billion and reported an 87% drop in revenue. The third...
October 13, 2020 | Daily JAM, Morning Briefing |
This morning JPMorgan Chase (JPM) reported a "surprise" jump in earnings in the third quarter. The problems in that "surprise" were in the nature of the surprise. A good part of the "surprise" wasn't a surprise. The bank reported a 30% increase in revenue from its...
October 12, 2020 | Daily JAM, Morning Briefing |
The big banks kick off third quarter earnings reports tomorrow, Tuesday, October 13 with JPMorgan Chase (JPM) due to report before the open. The analyst consensus is that the bank will earn $1.93 a share, down from the $2.68 a share earnings in the September quarter...
October 3, 2020 | Daily JAM, Saturday Night Quarterback |
...expect the upcoming earnings season to, somehow, edge its way into investor and trader minds, as jam-packed as they already are with issues ranging from the coronavirus pandemic to the November 3 election. The big banks kick off third quarter earnings reports the...
July 14, 2020 | C, Daily JAM, JPM, Morning Briefing, WFC |
“I don’t think anybody should leave any bank earnings call this quarter simply feeling like the worst is absolutely behind us and it’s a rosy path ahead,” Citigroup (C) CEO Michael Corbat said this morning as he announced the bank's second quarter earnings. “We don’t...
July 11, 2020 | Daily JAM |
...the start of earnings season on Tuesday, July 14 when JPMorgan Chase (JPM) kicks off second quarter reports. The most important event of the week, I'd argue, however, is the Netflix (NFLX) earnings report after the close on Thursday, July 16. That report and the...
June 8, 2020 | Daily JAM, Mid Term |
It's not too early to look ahead--with some trepidation--to the second quarter earnings season that begins with the report from JP Morgan Chase (JPM) about a month from now on July 14. "Trepidation" because Wall Street analysts have been cutting their earnings...
May 3, 2020 | Daily JAM, Saturday Night Quarterback |
... Friday's report on job losses in the U.S. economy for April to be the big news of the week. The Labor Department’s April employment report is expected to show a 21 million jobs plunge in payrolls for the month. That's the biggest month drop since the start of...
April 25, 2020 | Daily JAM, Saturday Night Quarterback |
... earnings drama. The week features reports from Amazon (AMZN), Apple (AAPL), Alphabet (GOOG), Facebook (FB), Microsoft (MSFT), ExxonMobil (XOM) General Electric (GE), Caterpillar (CAT), Ford (F), Tesla (TSLA), Starbucks (SBUX), McDonald's (MCD), Pfizer, and Gilead...
April 18, 2020 | Daily JAM, Saturday Night Quarterback |
... earnings season to shift into second gear with reports from IBM, Intel, Procter & Gamble, Delta, and Netflix. IBM (IBM) kicks off the week with its report on Monday after the market close. IMB isn't the market mover that it once was but it is the first major...
