Public companies, firms that have their shares trade on an exchange, must make their financial reports available for investors to research every quarter, or four times a year. In an earnings report, a firm must supply revenue, expenses, net income, earnings per share, income statement details, cash flow, and balance sheet. Usually the months following the quarter-end are busiest, as this is when most companies will report their earnings.
An earnings season refers to the time period in which public companies report their audited or unaudited financial results as required by law. This typically occurs at the end of each calendar quarter, four times a year, including year-end numbers.
In recent earnings seasons, corporate reporting has shown solid financial performances, especially from large-cap blue chip companies. The standout in their financial reports over the last three earnings seasons is their strong balance sheets with large cash positions.
Sorry to say this, folks, but I’m not jumping up and down during this earnings season. Yes, the big banks did well and you probably already realized that given the fees you’ve been paying.The thing is, I’m seeing soft or negative revenue growth with many of the S&P 500 companies that have reported early on in this earnings. Read More
As corporate earnings tumble in, equity market action has been more tuned to stronger oil prices. A number of companies have now reported, and the numbers aren’t that bad. It’s still in the early stages, of course, but so far, there have been a lot of good financials. Having said that, sales growth has been missing early this corporate. Read More
For many of you who have been long-term readers, you know that I’ve been a bull towards China and Chinese stocks. Yes, there was also the period of deception and fraud with Chinese stocks listed on U.S. stock market exchanges a few years back, but much of that has been cleaned up by the Securities and Exchange Commission (SEC).Short-Term. Read More
The stock market continues to be mediocre. Economic data from abroad isn’t particularly inspiring. Investors are likely to yawn at first-quarter earnings season results this year as they did with earnings for the fourth quarter of 2014.If there is an overarching theme to the stock market’s action this year, it’s that the Federal. Read More
The same old earnings trend continues. Sales are coming in light, while earnings are meeting or beating the Street. It’s a familiar sight in a slow-growth environment with a stronger U.S. dollar. And that’s the one big problem so far this earnings season: revenues aren’t improving, so why are stocks still so high?Johnson &. Read More