Second-Quarter Earnings Season Underway for SSR Portfolio

This week the second-quarter earnings season kicked off for the stocks in the SSR tracking portfolio. This marks the period when companies report their earnings for operations that fell primarily within the second calendar quarter of the year, although not all companies are reporting results for their second fiscal quarter. Only two of the 36…

 

Majority of Investors Worry About Divergence Between Corporate Earnings & Market Levels

According to FactSet, as of the market close on August 25, over 98% of companies in the S&P 500 have reported earnings for the second calendar quarter earnings season. Of those, 71% have reported positive earnings surprises–actual earnings were above the mean estimate. For the second quarter, the blended earnings decline–reported earnings decline as well…

 

Are All Earnings Surprises Equal?

As we finish another quarterly earnings season, statistics show that companies are generally beating their EPS targets with ease, yet we are not really getting positive stock price reactions from these supposed positive earnings surprise. Positive earnings surprises occur when actual reported earnings are significantly above the forecasted earnings per share. Negative earnings surprises occur…