Comic: Markets Brace for Earnings Tsunami As S&P Inches Closer to Record Highs
Published Apr 18, 2019 07:54AM ET
Investing.com - The U.S. first-quarter earnings season has gotten off to a strong start so far. According to FactSet, more than 78% of the S&P 500 companies that have reported until now have topped analyst expectations, easing worries of an earnings recession.
Get The News You Want
That has helped keep the S&P 500 near its all-time high reached in September.
Get The News You Want
Get The News You Want
Next week marks one of the busiest weeks of the first-quarter earnings season on Wall Street, with many of the big-name U.S. technology stocks, such as Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Intel (NASDAQ:INTC), set to report.
Get The News You Want
Get The News You Want
Other high-profile names set to report next week include, Boeing (NYSE:BA), Caterpillar (NYSE:CAT), 3M (NYSE:MMM), United Technologies (NYSE:UTX), Procter & Gamble (NYSE:PG), Verizon (NYSE:VZ), AT&T (NYSE:T), Comcast (NASDAQ:CMCSA), Coca-Cola (NYSE:KO), Starbucks (NASDAQ:SBUX), Twitter (NYSE:TWTR), Snap (NYSE:SNAP), eBay (NASDAQ:EBAY), Tesla (NASDAQ:TSLA), Ford (NYSE:F), Visa (NYSE:V), United Parcel Service (NYSE:UPS), American Airlines (NASDAQ:AAL), Exxon (NYSE:XOM), and Chevron (NYSE:CVX).
Get The News You Want
Some of the big names that reported this week, included Netflix (NASDAQ:NFLX), which gave a weak forecast that unnerved investors, although the company's quarterly results beat Wall Street targets.
Get The News You Want
Goldman Sachs (NYSE:GS) also posted results, which showed revenue declines across nearly all its main businesses.
Get The News You Want
To see more of Investing.com’s weekly comics, visit: http://www.investing.com/analysis/comics
Get The News You Want
-- Reuters contributed to this report
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.