This is the first big week of earnings season and that means we’ll get a lot of big cap companies reporting, including several Dow components.
While many continue with their hot streaks, with shares trading at or near new multi-year highs, there are others that have struggled over the past year.
The energy stocks continue to be hated by Wall Street. And some big industrial names are also in the doghouse.
But will one of the best earnings quarters of all time, with S&P 500 earnings expected to rise 16% in Q1, boost those companies who have been struggling?
5 Must-Watch Earnings Charts
E*TRADE Financial Corp. (ETFC – Free Report) has missed on the estimate just 1 time in the last 5 years. Shares have surged to new 52-week highs. The volatile market should help with trading revenue. Will the breakout continue?
Procter & Gamble (PG – Free Report) has missed just one time in the last 5 years but shares have sunk in 2018. It’s not always about the earnings miss and beat. Wall Street is looking for revenue growth in 2018.
General Electric (GE – Free Report) his hit multi-year lows in 2018. The company had a perfect earnings record going back to early 2008 until it missed the last 2 quarters. Have shares bottomed or is there more pain to follow?
Honeywell (HON – Free Report) has missed only once in the last five years. Kicked out of the Dow Industrials, it has shined on its own even though shares have pulled back from recent 5-year highs.
Schlumberger (SLB – Free Report) has only missed once in the last 5 years but the story has been about the price of oil. Shares weakened again in early 2018 so insiders have been buying. With WTI crude approaching $70 a barrel, is the worst finally over?
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