While the big news after IBM’s earnings release was that Ginni Rometty would be stepping down as CEO, and would be replaced by Arvind Krishna, (supposedly the IBM executive that pushed for the RedHat acquisition), and James Whitehurst, the RedHat … Continued
Investors get their first look at Technology sector earnings reports this week, with Netflix, IBM, Ebay and Qualcomm reporting by the end of the week. This last week, the SP 500 traded below it’s 50-day moving average for the first … Continued
Here is a longer look at the annual SP 500 EPS prints since 2014: 2018: $148.59: or +12% y/y growth (est. per Thomson Reuters I/B/E/S) 2017: $132.65 or +12% expected y/y growth (est. per Thomson Reuters I/B/E/S) 2016: $118.01 or … Continued
Per Thomson, we’ll hear from 91 companies this coming week, in terms of 2nd quarter, 2016 earnings releases. Microsoft (MSFT), Intel (INTC) and IBM (IBM) interest me from the “old tech” perspective. Microsoft and IBM are doing a better job … Continued
Briefing.com has a decent earnings calendar and carries more prospective earnings reports than the SP 500. According to Briefing’s table, 74 companies reported earnings this past week: Beat consensus estimates: 41 Met consensus estimates: 13 Missed consensus est: 20 Here … Continued