Corporate guidance is all about setting expectations. Why set them high when you can underpromise and overdeliver?
The dollar’s value has been stabilizing in recent months. That could help companies’ profits in the near future.
How individual companies are faring can help answer broader questions about things like inflation and consumer spending.
The level of corporate earnings manipulation is similar to that of other pre-recessionary periods, according to the M-Score.
Microsoft and Alphabet both reporting earnings this week. Expect AI to play a big role in their earnings reports.
On Friday, Bank of America, Citigroup, Wells Fargo and JPMorgan Chase will post earning reports. Parts of their business struggled in the fourth quarter.
So far this earnings season, most S&P 500 companies that have reported, beat revenue expectations.
“There isn’t one,” said Patrick Badolato, a professor of accounting. But investors and analysts use “net income” and “EBITDA” in their attempts.
From presidential tweets to corporate earnings reports, the U.S. dollar has been getting a lot of mentions recently.
What's good (or bad) for corporations may not be good for the economy overall.
