Earnings are also known as profits. At the most basic level, a company’s earnings consist of what’s left over after all costs are taken out from the revenue generated. Earnings are also the basis for corporate taxes. Many corporations report EBITDA, or earnings before interest, taxes, depreciation and amortization. The most important thing to watch for when researching a company is where earnings are forecasted to move. Investors want to see that the future expectations are for the earnings to grow over time.
As of July 24, 187 companies in the S&P 500 have reported their corporate earnings. For these 187 companies, their average decline in earnings has been 2.2%. If this is the final number, then it will be the biggest decline in quarterly earnings for the S&P 500 since 2009. (Source: FactSet, July 24, 2015.)But it may get worse. Only. Read More
Markets are down on Thursday morning of July 30th. The NASDAQ slipped 0.62%, while the Dow and S&P 500 both lost around half a percent.The big news was from gross domestic product (GDP) data for the U.S. In the second quarter of 2015, U.S. GDP increased at an annual rate of 2.3%. Moreover, the Bureau of Economic Analysis also revised. Read More
The NASDAQ is heading higher this morning despite some technology companies reporting less-than-stellar earnings. Both Twitter Inc. (NYSE/TWTR) and Yelp Inc. (NYSE/YELP) lost double digits. Meanwhile, precious metals continue to struggle, with gold tanking to below $1,100 an ounce. China’s stock market crash has been temporarily. Read More
Yelp Inc.’s (NYSE/YELP) stock price tanked more than 29% on Wednesday, July 29th after the company lowered its 2015 revenue guidance, signaling the entire social media business model could be in trouble.During the second quarter, revenue grew 51% year-over-year coming in at $133.9 million. Earnings per share (EPS) landed at $0.04,. Read More
It’s still earnings season, and many companies are making double-digit moves. China’s stock market crash is still continuing, albeit at a smaller magnitude compared to yesterday. By 10:00 a.m. E.T., the S&P 500 Index was up 0.28%, while the NASDAQ and the Dow are also slightly higher.China’s crash has continued to affect. Read More