So far in earnings season, companies are reporting numbers way above what Wall Street expected

8
3
Favorite

So far in earnings season, companies are reporting numbers way above what Wall Street expected

CNBC2021-04-16

Everyone knew earnings were going to be good, but this isreallygood. “There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（3）

ShiJun
·2021-04-16
Like and comment
Reply
1
Report
Fold Replies
- 88huat:
  Like And comment back please :)
  2021-04-16
  Reply
  Report
feifeis
·2021-04-16
[微笑]
Reply
1
Report
Poopingmons
·2021-04-16
Help comment and like please
Reply
3
Report
Fold Replies
- 88huat:
  Like and comment back pls :) thank you
  2021-04-16
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1172219051?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-16 14:05","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1172219051","market":"us","top_or_hot":-1,"title":"So far in earnings season, companies are reporting numbers way above what Wall Street expected","media":"CNBC","content":"<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>So far in earnings season, companies are reporting numbers way above what Wall Street expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSo far in earnings season, companies are reporting numbers way above what Wall Street expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 14:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html","article_id":"1172219051","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1172219051","pubTimestamp":1618553147,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day tha","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"translate_title":"到目前为止，在财报季，公司公布的数据远远高于华尔街的预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman and head of the economic research team at Evercore ISI, said in a note to clients.\nYou can see it in a string of recent economic reports. Everything is stronger than consensus estimates: from March retail sales to weekly initial jobless claims (lowest since March 2020) to April’s Empire and Philadelphia Fed manufacturing reports.\nAnd, most importantly, you can see it in the early crop of earnings reports.\nTo date, 34 companies in the S&P 500 have reported first-quarter earnings. Of those, 88% have beaten their 1Q 2021 EPS estimates by an average of 22%, according to the Earnings Scout.\nTraders have been expecting significant upside to earnings, but this is even stronger than those expectations. Companies on the whole usually report earnings above analyst consensus, but not by 22%. Prior to 2020, the historic average beats were in the 3%-6% range.\nWhat happened? “When the companies withdrew their guidance in 2020, the analysts went very conservative,” Nick Raich, who tracks corporate profits at Earnings Scout, told me.\nSome of the early reporters have beaten by even wider margins:\nAnalysts underestimate earnings\n(% Q1 beat above consensus)\nUSBancorp 49%\nJPMorgan 48%\nBank of America 25%\nCitigroup 28%\nUnitedHealth 17%\nPepsi 8%\nHow long will these amazing earnings continue?\nWill these huge earnings beats continue? Don’t bet on it, Raich tells me.\n“Analysts cannot see the future. The reason they are so far off is that with no clues from the companies, they get very conservative,” he said. “As companies give more guidance and the pandemic recedes, you will see the analyst estimates start to narrow.”\nStill, that is not a reason to be pessimistic. What matters for stocks is earnings estimates for future quarters, and here there is also good news.\n“The majority of the companies that have reported are seeing their second quarter estimates raised, which is very positive” for stocks, Raich said.\nSome have expressed concerns about higher material costs. Several food companies have recently reported higher costs, and some are trying to raise prices. That could impact profit margins.\n“Given our view that further upside in the S&P 500 this year must be supported by greater than expected EPS growth, we’ll be keeping a close eye on what companies are saying about margin tailwinds and headwinds in the weeks ahead,” Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, said in a recent report.\nStill, most are coming to believe that higher costs are either temporary or companies will be able to successfully pass them on so they won’t impact profits.\nRegardless, Raich said, earnings estimates are continuing to rise, and that is what matters. “If you are going to be bearish, earnings are not the reason. Earnings are sending a very positive signal.”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":370349017,"gmtCreate":1618556505939,"gmtModify":1704712682639,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574944998215364","authorIdStr":"3574944998215364"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370349017","repostId":1172219051,"repostType":4,"repost":{"id":"1172219051","kind":"news","pubTimestamp":1618553147,"share":"https://ttm.financial/m/news/1172219051?lang=&edition=fundamental","pubTime":"2021-04-16 14:05","market":"us","language":"en","title":"So far in earnings season, companies are reporting numbers way above what Wall Street expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1172219051","media":"CNBC","summary":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day tha","content":"<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>So far in earnings season, companies are reporting numbers way above what Wall Street expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSo far in earnings season, companies are reporting numbers way above what Wall Street expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 14:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1172219051","content_text":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman and head of the economic research team at Evercore ISI, said in a note to clients.\nYou can see it in a string of recent economic reports. Everything is stronger than consensus estimates: from March retail sales to weekly initial jobless claims (lowest since March 2020) to April’s Empire and Philadelphia Fed manufacturing reports.\nAnd, most importantly, you can see it in the early crop of earnings reports.\nTo date, 34 companies in the S&P 500 have reported first-quarter earnings. Of those, 88% have beaten their 1Q 2021 EPS estimates by an average of 22%, according to the Earnings Scout.\nTraders have been expecting significant upside to earnings, but this is even stronger than those expectations. Companies on the whole usually report earnings above analyst consensus, but not by 22%. Prior to 2020, the historic average beats were in the 3%-6% range.\nWhat happened? “When the companies withdrew their guidance in 2020, the analysts went very conservative,” Nick Raich, who tracks corporate profits at Earnings Scout, told me.\nSome of the early reporters have beaten by even wider margins:\nAnalysts underestimate earnings\n(% Q1 beat above consensus)\nUSBancorp 49%\nJPMorgan 48%\nBank of America 25%\nCitigroup 28%\nUnitedHealth 17%\nPepsi 8%\nHow long will these amazing earnings continue?\nWill these huge earnings beats continue? Don’t bet on it, Raich tells me.\n“Analysts cannot see the future. The reason they are so far off is that with no clues from the companies, they get very conservative,” he said. “As companies give more guidance and the pandemic recedes, you will see the analyst estimates start to narrow.”\nStill, that is not a reason to be pessimistic. What matters for stocks is earnings estimates for future quarters, and here there is also good news.\n“The majority of the companies that have reported are seeing their second quarter estimates raised, which is very positive” for stocks, Raich said.\nSome have expressed concerns about higher material costs. Several food companies have recently reported higher costs, and some are trying to raise prices. That could impact profit margins.\n“Given our view that further upside in the S&P 500 this year must be supported by greater than expected EPS growth, we’ll be keeping a close eye on what companies are saying about margin tailwinds and headwinds in the weeks ahead,” Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, said in a recent report.\nStill, most are coming to believe that higher costs are either temporary or companies will be able to successfully pass them on so they won’t impact profits.\nRegardless, Raich said, earnings estimates are continuing to rise, and that is what matters. “If you are going to be bearish, earnings are not the reason. Earnings are sending a very positive signal.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4051325,"gmtCreate":1618557316849,"gmtModify":1680784312740,"authorId":3577523199494654,"author":{"id":3577523199494654,"idStr":"3577523199494654","authorId":3577523199494654,"name":"88huat","avatar":"https://static.tigerbbs.com/25dd805cbb44e8ac7c9eb01650c81b9f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370349017,"type":1,"supId":0,"prevId":0,"content":"Like And comment back please :)","text":"Like And comment back please :)","html":"Like And comment back please :)"}],"langContent":"EN"},{"id":370320694,"gmtCreate":1618554042218,"gmtModify":1704712654626,"author":{"id":"3577432784265836","authorId":"3577432784265836","name":"feifeis","avatar":"https://static.tigerbbs.com/c9b12956f3a499568acac4b14f385d46","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577432784265836","authorIdStr":"3577432784265836"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370320694","repostId":1172219051,"repostType":4,"repost":{"id":"1172219051","kind":"news","pubTimestamp":1618553147,"share":"https://ttm.financial/m/news/1172219051?lang=&edition=fundamental","pubTime":"2021-04-16 14:05","market":"us","language":"en","title":"So far in earnings season, companies are reporting numbers way above what Wall Street expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1172219051","media":"CNBC","summary":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day tha","content":"<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>So far in earnings season, companies are reporting numbers way above what Wall Street expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSo far in earnings season, companies are reporting numbers way above what Wall Street expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 14:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1172219051","content_text":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman and head of the economic research team at Evercore ISI, said in a note to clients.\nYou can see it in a string of recent economic reports. Everything is stronger than consensus estimates: from March retail sales to weekly initial jobless claims (lowest since March 2020) to April’s Empire and Philadelphia Fed manufacturing reports.\nAnd, most importantly, you can see it in the early crop of earnings reports.\nTo date, 34 companies in the S&P 500 have reported first-quarter earnings. Of those, 88% have beaten their 1Q 2021 EPS estimates by an average of 22%, according to the Earnings Scout.\nTraders have been expecting significant upside to earnings, but this is even stronger than those expectations. Companies on the whole usually report earnings above analyst consensus, but not by 22%. Prior to 2020, the historic average beats were in the 3%-6% range.\nWhat happened? “When the companies withdrew their guidance in 2020, the analysts went very conservative,” Nick Raich, who tracks corporate profits at Earnings Scout, told me.\nSome of the early reporters have beaten by even wider margins:\nAnalysts underestimate earnings\n(% Q1 beat above consensus)\nUSBancorp 49%\nJPMorgan 48%\nBank of America 25%\nCitigroup 28%\nUnitedHealth 17%\nPepsi 8%\nHow long will these amazing earnings continue?\nWill these huge earnings beats continue? Don’t bet on it, Raich tells me.\n“Analysts cannot see the future. The reason they are so far off is that with no clues from the companies, they get very conservative,” he said. “As companies give more guidance and the pandemic recedes, you will see the analyst estimates start to narrow.”\nStill, that is not a reason to be pessimistic. What matters for stocks is earnings estimates for future quarters, and here there is also good news.\n“The majority of the companies that have reported are seeing their second quarter estimates raised, which is very positive” for stocks, Raich said.\nSome have expressed concerns about higher material costs. Several food companies have recently reported higher costs, and some are trying to raise prices. That could impact profit margins.\n“Given our view that further upside in the S&P 500 this year must be supported by greater than expected EPS growth, we’ll be keeping a close eye on what companies are saying about margin tailwinds and headwinds in the weeks ahead,” Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, said in a recent report.\nStill, most are coming to believe that higher costs are either temporary or companies will be able to successfully pass them on so they won’t impact profits.\nRegardless, Raich said, earnings estimates are continuing to rise, and that is what matters. “If you are going to be bearish, earnings are not the reason. Earnings are sending a very positive signal.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":370366125,"gmtCreate":1618553532567,"gmtModify":1704712647034,"author":{"id":"3574980039957190","authorId":"3574980039957190","name":"Poopingmons","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574980039957190","authorIdStr":"3574980039957190"},"htmlText":"Help comment and like please","listText":"Help comment and like please","text":"Help comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370366125","repostId":1172219051,"repostType":4,"repost":{"id":"1172219051","kind":"news","pubTimestamp":1618553147,"share":"https://ttm.financial/m/news/1172219051?lang=&edition=fundamental","pubTime":"2021-04-16 14:05","market":"us","language":"en","title":"So far in earnings season, companies are reporting numbers way above what Wall Street expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1172219051","media":"CNBC","summary":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day tha","content":"<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>So far in earnings season, companies are reporting numbers way above what Wall Street expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSo far in earnings season, companies are reporting numbers way above what Wall Street expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 14:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/04/15/so-far-in-earnings-season-companies-are-reporting-numbers-way-above-what-wall-street-expected.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1172219051","content_text":"Everyone knew earnings were going to be good, but this isreallygood.\n“There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman and head of the economic research team at Evercore ISI, said in a note to clients.\nYou can see it in a string of recent economic reports. Everything is stronger than consensus estimates: from March retail sales to weekly initial jobless claims (lowest since March 2020) to April’s Empire and Philadelphia Fed manufacturing reports.\nAnd, most importantly, you can see it in the early crop of earnings reports.\nTo date, 34 companies in the S&P 500 have reported first-quarter earnings. Of those, 88% have beaten their 1Q 2021 EPS estimates by an average of 22%, according to the Earnings Scout.\nTraders have been expecting significant upside to earnings, but this is even stronger than those expectations. Companies on the whole usually report earnings above analyst consensus, but not by 22%. Prior to 2020, the historic average beats were in the 3%-6% range.\nWhat happened? “When the companies withdrew their guidance in 2020, the analysts went very conservative,” Nick Raich, who tracks corporate profits at Earnings Scout, told me.\nSome of the early reporters have beaten by even wider margins:\nAnalysts underestimate earnings\n(% Q1 beat above consensus)\nUSBancorp 49%\nJPMorgan 48%\nBank of America 25%\nCitigroup 28%\nUnitedHealth 17%\nPepsi 8%\nHow long will these amazing earnings continue?\nWill these huge earnings beats continue? Don’t bet on it, Raich tells me.\n“Analysts cannot see the future. The reason they are so far off is that with no clues from the companies, they get very conservative,” he said. “As companies give more guidance and the pandemic recedes, you will see the analyst estimates start to narrow.”\nStill, that is not a reason to be pessimistic. What matters for stocks is earnings estimates for future quarters, and here there is also good news.\n“The majority of the companies that have reported are seeing their second quarter estimates raised, which is very positive” for stocks, Raich said.\nSome have expressed concerns about higher material costs. Several food companies have recently reported higher costs, and some are trying to raise prices. That could impact profit margins.\n“Given our view that further upside in the S&P 500 this year must be supported by greater than expected EPS growth, we’ll be keeping a close eye on what companies are saying about margin tailwinds and headwinds in the weeks ahead,” Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, said in a recent report.\nStill, most are coming to believe that higher costs are either temporary or companies will be able to successfully pass them on so they won’t impact profits.\nRegardless, Raich said, earnings estimates are continuing to rise, and that is what matters. “If you are going to be bearish, earnings are not the reason. Earnings are sending a very positive signal.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4051326,"gmtCreate":1618557338556,"gmtModify":1680784313758,"authorId":3577523199494654,"author":{"id":3577523199494654,"idStr":"3577523199494654","authorId":3577523199494654,"name":"88huat","avatar":"https://static.tigerbbs.com/25dd805cbb44e8ac7c9eb01650c81b9f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370366125,"type":1,"supId":0,"prevId":0,"content":"Like and comment back pls :) thank you","text":"Like and comment back pls :) thank you","html":"Like and comment back pls :) thank you"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":8,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}