FactSet Weekly Earnings Insight: Recent Episodes
FactSet
In this weekly podcast, Senior Earnings Analyst John Butters provides an update on S&P 500 corporate earnings and related topics. The podcast delivers analysis and commentary on trends in corporate earnings data for the S&P 500 including revisions to estimates, year-over-year growth, performance relative to expectations, and valuations.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500. He then takes a deeper look at earnings estimate revisions by analysts and earnings guidance issued by S&P 500 companies for Q3.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500. He then discusses the bottom-up target price for the S&P 500 as a whole and individual sectors.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500. He then discusses ratings on S&P 500 stocks, specifically looking at aggregate sector-level ratings.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500. He then discusses the unusually high number of S&P 500 companies that cited the term "recession" on their earnings calls for the second quarter.
FactSet Senior Earnings Analyst John Butters provides a final update of the key metrics for the second quarter earnings season for the S&P 500. He then discusses downward revisions to EPS estimates for S&P 500 companies for the third quarter, which have been larger than average.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we're just finished the final peak week of the earnings season. He then discusses the price reactions to positive and negative EPS surprises reported by S&P 500 companies for the second quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we're starting the final peak week of the earnings season. He then discusses revisions to earnings estimates for S&P 500 companies for the third quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses the difference in earnings and revenue growth rates for the second quarter for S&P 500 companies with more or less international revenue exposure.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we've just started the peak weeks of the earnings season. He then discusses net profit margin expectations for the index. Given continuing high inflation, what are S&P 500 companies reporting for net profit margin in the second quarter and what are they projected to report in the second half of 2022?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which starts this week. He then discusses predictions for the actual earnings growth rate for the S&P 500 for Q2 after factoring in the impact of likely positive earnings surprises and some of the negative impacts to earnings and revenues that S&P 500 companies have already discussed on their earnings calls for Q2 to date.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which starts in about one week. He then discusses analyst revisions to earnings estimates and company guidance for S&P 500 companies for the second quarter and the full year.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which starts in about three weeks. He then discusses target prices on the S&P 500.
Despite higher inflation, rising interest rates, military conflict in Ukraine, fear of recession, and stock price declines, analysts continue to have an unusually high number of Buy ratings on stocks in the S&P 500.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which starts in about five weeks. He then discusses the number of S&P 500 companies that have commented on inflation on their earnings calls for the first quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, the final update on the first-quarter earnings season. He then discusses earnings estimate revisions for the second quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, as we're wrapping up the final weeks of the earnings season. He then discusses the number of S&P 500 companies commenting on Ukraine on their earnings calls for the first quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, as we're wrapping up the final weeks of the earnings season. He then discusses the stock price reaction to positive and negative earnings surprises reported by S&P 500 companies and the number of S&P 500 companies discussing supply chain on earnings calls for the first quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, as we're wrapping up the final weeks of the earnings season. He then discusses the number of companies in the S&P 500 discussing inflation on their first quarter earnings calls and changes in the forward P/E ratio for the S&P 500.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, as we've just finished the peak weeks of the earnings season. He then discusses the change in the forward P/E ratio for the S&P 500 in recent weeks and the price reaction to positive earning surprises reported by S&P 500 companies for the first quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses the factors contributing to the lower earnings growth rate being reported by the S&P 500 for the first quarter relative to recent quarters. How much are some of the recent high-profile earnings misses contributing to lower growth?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses earnings and revenue performance for S&P 500 companies with more international exposure. Given the military conflict in Ukraine and the resurgence of COVID in China, are S&P 500 companies with more international revenue exposure reporting lower earnings and revenue growth than S&P 500 companies with more domestic revenue exposure for the first quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, which started this past week. He then discusses net profit margins. Given continued high inflation, what are S&P 500 companies reporting for a net profit margin for the first quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500. He then discusses predictions for the actual earnings growth rate for the S&P 500 for the first quarter assuming that the number and magnitude of positive earning surprises are at average levels. He also reviews comments on negative impacts on earnings and revenues from the small number of S&P 500 companies that have already reported results for the first quarter.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500, which is starts in about two weeks. He then discusses earnings estimate revisions for S&P 500 companies and ratings on S&P 500 stocks.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500, which is about three weeks away. He then discusses the number of S&P 500 companies issuing negative guidance for the first quarter and target price expectations for the S&P 500.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500, which starts in about four weeks. He then discusses the number of S&P 500 companies commenting on supply chains on fourth quarter earnings calls.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500, which starts in about five weeks. He then discusses the number of S&P 500 companies commenting on inflation and Ukraine on fourth quarter earnings calls.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500, which is about six weeks away. He then discusses earnings estimate revisions by analysts for S&P 500 companies. Over the past several quarters, analysts have been increasing their earnings expectations for S&P 500 companies during the quarter--has that trend continued in the first quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500 as we finish the peak weeks of the earnings season. He then discusses valuation for the S&P 500. Given the sharp decline in the price of the index leading up to the invasion of Ukraine, how is the P/E ratio for the index impacted?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500, as we're wrapping up the peak weeks of the earnings season. He then discusses the price reactions to positive and negative earnings surprises for the fourth quarter and comments by S&P 500 companies about Ukraine.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500, as we're near the end of the peak weeks of the earnings season. He then discusses comments by S&P 500 companies on inflation. Given the 7.5% increase in consumer prices in January, have more S&P 500 companies than normal commented on inflation on their fourth quarter earnings calls?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses estimate revisions for the S&P 500 for the first quarter. Analysts have been increasing their EPS estimates for S&P 500 companies in aggregate in recent quarters. Has this trend continued in the first quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses net profit margins for the S&P 500. Given concerns about inflation, what is the S&P 500 reporting for a net profit margin for the fourth quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500 which started this past week. He then discusses expectations for actual earnings growth for the fourth quarter. Given that most S&P 500 companies report actual earnings above estimates, how much could the actual growth rate exceed current estimates?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the fourth quarter earnings season for the S&P 500 which starts at the end of this week. He then discusses earnings guidance for the S&P 500 for the fourth quarter. Over the past few quarters, more S&P 500 companies have issued positive earnings guidance than normal. Did this trend continue in the fourth quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the fourth quarter earnings season for the S&P 500 which is about four weeks away. He then discusses expectations for the S&P 500 for 2021. Specifically, he looks at expectations for earnings growth, revenue growth, and profit margins, as well as analysts' ratings on the S&P 500 as we head into the start of a new year.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the fourth quarter earnings season for the S&P 500 which is about five weeks away. He then discusses expectations for the S&P 500 for 2022. Specifically, he looks at expectations for earnings growth, revenue growth, profit margins, and target price.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the fourth quarter earnings season for the S&P 500 which starts in about six weeks. He then discusses expectations for S&P 500 earnings for 2022. Analysts currently believe the index will report record-high earnings in 2022, but what is the likelihood the index will actually report a record-high EPS number next year?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500 as we're now past the peak weeks of the earnings season. He then discusses the number of S&P 500 companies commenting on supply chain during earnings calls for the third quarter. Given concerns about supply chain disruptions, have more S&P 500 companies than normal commented on supply chain on their earnings calls for the third quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500 as we're now past the peak weeks of the earnings season. He then discusses the number of S&P 500 companies commenting on inflation during their earnings calls for the third quarter. Given the unusually high numbers for the CPI and PPI in recent months, have more S&P 500 companies than normal discussed inflation on earnings calls for the third quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500 as we've just finished the peak weeks of the earnings season. He then discusses revenue growth for the S&P 500 for the third quarter. After reporting record-high revenue growth in the second quarter, how much have revenues improved year over year for S&P 500 companies in the third quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500 as we're in the middle of the peak weeks of the earnings season. He then discusses revisions to earnings estimates for S&P 500 companies for the fourth quarter. Analysts have been increasing earnings estimates for S&P 500 companies over the past few quarters--is this trend continuing in the fourth quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500 as we're in the middle of the peak weeks of the earnings season. He then discusses the difference in earnings and revenue growth rates for the third quarter for S&P 500 companies with more or less international revenue exposure. Given the uneven global economic recovery, are S&P 500 companies with more international exposure reporting weaker earnings and revenue growth than S&P 500 companies with more domestic exposure?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500 which started this past week. He then discusses net profit margins. Given concerns about rising inflation, what are S&P 500 companies reporting for net profit margins for the third quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500 which starts this week. First, he is looking at comments made on the earnings calls of the small number of S&P 500 companies that have already reported earnings for the third quarter. Second, he discusses expectations for the actual earnings growth rate for the third quarter.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500 which starts in about a week. First, he discussed latest earnings estimate revisions by industry analysts for S&P 500 companies. Over the past several quarters, analysts have been increasing their earnings expectations for S&P 500 companies. Did this trend continue in the third quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500 which is about four weeks away. He then discusses ratings on S&P 500 stocks by industry analysts. With the end of the third quarter approaching, where are analysts most optimistic and pessimistic in terms of their ratings on stocks in the S&P 500 heading into the fourth quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500 which is about five weeks away. He then discusses comments on inflation by S&P 500 companies during the second quarter earnings season. Given the recent increases in the consumer price index and the producer price index, did more S&P 500 companies than normal discuss inflation on their earnings calls for the second quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the third quarter earnings season for the S&P 500 which is about six weeks away. He then discusses comments on ESG by S&P 500 companies during the second quarter earnings season. After a record-high number in the first quarter, did the number of S&P 500 companies that discussed ESG on second-quarter earnings calls continue to rise?
FactSet Senior Earnings Analyst John Butters provides a final review of the key metrics for the second quarter earnings season for the S&P 500, as almost all of the companies in the index have reported actual results for the second quarter. He then discusses earnings estimate revisions by analysts for S&P 500 companies for the third quarter. After four straight quarters of increasing EPS estimates, have analysts continued this trend so far in the third quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we're wrapping up the final weeks of the earnings season. He then discusses the performance of actual revenues versus estimates for S&P 500 companies for the second quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we've just finished the peak weeks of the earnings season. He then discusses revenue growth for the S&P 500 for the second quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses earnings estimate revisions for S&P 500 companies for the third quarter. After four straight quarters of increasing EPS estimates, have analysts continued this trend so far in the third quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses profit margins. Given concerns about rising inflation, what are S&P 500 companies reporting for net profit margins for the second quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the second quarter earnings season for the S&P 500, which started this past week. He then discusses the difference in earnings and revenue growth for companies with more or less international exposure.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which starts this week. He then discusses expectations for the actual earnings growth rate for the second quarter as well as the target price for the S&P 500 after the index saw a record close last week.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which starts in about a week. He then discusses revisions to earnings estimates. Analysts have been raising EPS estimates for S&P 500 companies in recent quarters. Did that trend continue in the second quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which is about three weeks away. He then turns to the topic of guidance. A high number of S&P 500 companies have issued positive earnings guidance in recent quarters. Has this trend continued in the second quarter?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which is about four weeks away. He then turns to the topic of inflation. Did a higher number of S&P 500 companies than normal discuss inflation on earnings calls for Q1? Is higher inflation having a negative impact on estimated S&P 500 earnings for 2021?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which is about five weeks away. He also discusses ratings on S&P 500 companies. Heading into the end of the second quarter, where are analysts most optimistic on their ratings for S&P 500 stocks?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the second quarter earnings season for the S&P 500, which is about six weeks away. He also discusses comments on ESG by S&P 500 companies during the first quarter, as well as EPS estimate revisions by analysts for S&P 500 companies for the second quarter.
FactSet Senior Earnings Analyst John Butters provides the final update of the key metrics for the first quarter earnings season for the S&P 500. He also analyzes the difference in revenue growth for S&P 500 companies with more international exposure and companies with more domestic exposure. Given the uneven global economic recovery from COVID-19, did S&P 500 companies with more international revenue exposure see lower revenue growth than S&P 500 companies with more U.S. revenue exposure?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500 as we’re wrapping up the final weeks of the earnings season. Given the announcement of large year-over-year increases in both the U.S. consumer and producer price indices this past week, how many S&P 500 companies have discussed inflation on earnings calls for the first quarter?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500 as we’ve just finished the peak weeks of the earnings season. He also discusses the key drivers of the substantial improvement in the earnings growth rate for the S&P 500 during this earnings season. Which sectors and companies have been the main contributors to the rise in the earnings growth rate to 49% from 24% over the past month?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500 as we’re in the middle of the peak weeks of the earnings season. He also discusses revisions to earnings estimates for S&P 500 companies for the second quarter.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500 as we’re in the middle of the peak weeks of the earnings season. He also discusses profit margins for the S&P 500 given concerns in the market on inflation.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500 which started this past week. He also discusses earnings growth for the banks industry in the S&P 500 as a number of the large banks in the index posted strong earnings this past week.
FactSet Senior Earnings Analyst John Butters provides a final preview of the key metrics for the first quarter earnings season for the S&P 500 which starts this week. He also discusses the projections for actual earnings growth for the first quarter and analyst estimates for target prices for S&P 500 companies.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500 which is just a few weeks away. He also discusses EPS estimate revisions by analysts for S&P 500 companies for the first quarter.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500 which is just a few weeks away. He also discusses the guidance provided by S&P 500 companies, as more companies have been providing positive EPS guidance than normal. What is driving the positive sentiment on earnings guidance?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500 which is about 4 weeks away. He also discusses ratings on S&P 500 companies—heading into the second quarter, where are analysts most optimistic and most pessimistic in terms of their ratings?
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the first quarter earnings season for the S&P 500 which is about 4-5 weeks away. He also discusses the unusually large difference between GAAP earnings and non-GAAP earnings reported by companies in the Dow Jones Industrial Average in the fourth quarter.
FactSet Senior Earnings Analyst John Butters provides preview of the key metrics for the first quarter earnings season for the S&P 500 which is about six weeks away. He also discusses comments on ESG by S&P 500 companies during the fourth quarter. Did the number of companies mentioning ESG on fourth quarter earnings calls continue to rise after a record high number the previous quarter?
FactSet Senior Earnings Analyst John Butters provides a final update of the key metrics for the fourth quarter earnings season for the S&P 500 as 96% of companies in the index have now reported earnings results for the quarter. He also discusses revisions to earnings estimates for S&P 500 companies for the first quarter of 2021. Analysts have increased their EPS estimates in recent quarters—is that trend continuing in the first quarter of 2021?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500 as we are now past the peak weeks of the earnings season with just about 15% of the index left to report. He also discusses the price reaction to positive earnings surprises reported by S&P 500 companies.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500 as we are now past the peak weeks of the earnings season with just about a quarter of the index left to report. He also discusses commentary on Biden policy changes by S&P 500 companies. With the start of the Biden administration in January, have S&P 500 companies commented on the policies of the new administration on their fourth quarter earnings calls?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500 as we are just past the midpoint of the earnings season. He also discusses the key drivers for the increase in earnings for the S&P 500 over the last few weeks. Which sectors and companies have been the top contributors to the improvement in earnings for the index over the past month?
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500 as we are now in the middle of the peak weeks of the earnings season. He also discusses earnings estimate revisions for the S&P 500 for the first quarter in comparison to previous quarters.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the fourth quarter earnings season for the S&P 500 as we are now in the middle of the peak weeks of the earnings season. He also discusses fourth quarter net profit margins for the S&P 500.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the upcoming fourth quarter earnings season for the S&P 500 as we enter the peak weeks of earnings season. He also discusses guidance for the fourth quarter and the likelihood of the S&P 500 reporting year-over-year earnings growth in the fourth quarter.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the upcoming fourth quarter earnings season for the S&P 500. He also examines earnings estimates revisions for S&P 500 companies for the fourth quarter.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the upcoming fourth quarter earnings season for the S&P 500. He also discusses the expected earnings growth for the S&P 500 in 2021 as well as the buy, sell, and hold ratings on S&P 500 stocks heading into 2021.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the upcoming fourth quarter earnings season for the S&P 500. He also discusses the magnitude of the expected earnings decline for the S&P 500 for all of 2020 and the bottom-up target price for the S&P 500 for 2021.
FactSet Senior Earnings Analyst John Butters provides a preview of the key metrics for the upcoming fourth quarter earnings season for the S&P 500 as well as the expected earnings for S&P 5oo companies in 2021. He also takes a look at how many companies in the S&P 500 discussed ESG on their third quarter earnings calls.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500. Overall, with 95% of the companies in the S&P 500 reporting actual results for Q3, 84% have reported actual EPS above estimates. The S&P 500 is reporting a year-over-year decline in earnings of -6.3% for the third quarter. Three industries are reporting unusually large year-over-year declines in earnings for the quarter: The Oil, Gas, and Consumable Fuels industry, the Airlines industry, and the Hotels, Restaurants, & Leisure industry. If these three industries were excluded, the S&P 500 would be reporting year-over-year growth in earnings of 4.3%.
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500. Overall, with 92% of the companies in the S&P 500 reporting actual results for Q3, 84% have reported actual EPS above estimates. John also discusses the price reaction to these positive earnings surprises reported by S&P 500 companies for the quarter. It appears the price movements for S&P 500 companies reporting positive EPS surprises were less related to earnings performance and more related to broader market themes such as the election (uncertainty before the election and more certainty after the election) and COVID-19 (rising cases before the election but news of potential vaccines after the election).
FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the third quarter earnings season for the S&P 500. Overall, 89% of the companies in the S&P 500 have reported actual results for Q3 2020 to date, with 86% reporting actual EPS above estimates. John also analyzes earnings estimate revisions for the fourth quarter. Are analysts raising or lowering earnings estimates for S&P 500 companies for the fourth quarter?
FactSet Senior Earnings Analyst John Butters provides an analysis of the third quarter earnings season for the S&P 500. Overall, 64% of the companies in the S&P 500 have reported actual results for Q3 2020 to date, with 86% reporting actual EPS above estimates. During each corporate earnings season, it is not unusual for companies to comment on domestic or international events that may have an impact on earnings for future quarters. Given the uncertainty of the upcoming presidential election in the U.S., we examined how many companies in the S&P 500 have commented on the election during their earnings conference calls for the third quarter. More S&P 500 have commented on the election during their third quarter earnings conference calls this year compared to the previous presidential election in 2016.
FactSet Senior Earnings Analyst John Butters provides an analysis of the third quarter earnings season for the S&P 500. Overall, 27% of the companies in the S&P 500 have reported actual results for Q3 2020 to date, with 84% reporting actual EPS above estimates. For the third quarter, the S&P 500 is reporting a blended year-over-year decline in earnings of -16.5%. At the sector level, nine of the 11 sectors in the index are reporting a year-over-year decline in earnings, led by the Energy sector.
FactSet Senior Earnings Analyst John Butters provides an analysis of the third quarter earnings season for the S&P 500. At this point in time, 10% of the companies in the S&P 500 have reported actual results for Q3 2020, with 86% reporting actual EPS above estimates. For the third quarter, the blended earnings decline for the S&P 500 is -18.4% and the blended net profit margin is 9.7%. This would be the third lowest net profit margin reported by the index since Q1 2016.
FactSet Senior Earnings Analyst John Butters provides a preview of the third quarter earnings season for the S&P 500. He also looks at the number of companies issuing annual EPS guidance. While many companies withdrew or did not provide annual guidance earlier this year due to uncertainty about the future impact of COVID-19, we’re likely to see an increase in the number of S&P 500 companies issuing EPS guidance for 2020 during the third quarter earnings season.
FactSet Senior Earnings Analyst John Butters provides a preview of the third quarter earnings season for the S&P 500. He also examines the magnitude of upward revisions to EPS estimates during the third quarter.
FactSet Senior Earnings Analyst John Butters provides a preview of the third quarter earnings season for the S&P 500. He also discusses how uncertainty around the impact of COVID-19 is causing many S&P 500 companies not to provide short-term EPS guidance as well as long-term EPS guidance.
FactSet Senior Earnings Analyst John Butters provides a preview of the third quarter earnings season for the S&P 500 as well as an examination of analyst ratings as we head into the fourth quarter.