Earnings Reports, Whispers & Company Earnings News S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes. Investopedia • 8 hours ago ^GSPC BK A Netflix Bull Trimmed His Price Target—But the Stock Is Rising Ahead of Earnings One of Wall Street’s biggest Netflix bulls is less bullish ahead of the streaming giant's earnings next week—but not by much. And it hasn't stopped the stock from rising today. Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Wall Street is awakening from a long malaise, with corporate demand for dealmaking and capital continuing to grow. Equity and debt underwriting revenues at Goldman rose 98% and 51%, respectively, in the quarter from a year prior. BlackRock Earnings: Profit Increases; Assets Set Record BlackRock’s profit rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock posted net income of $1.67 billion, up 21% from the same period a year earlier. JPMorgan Chase Earnings: Profit Leaps, Boosted by Strong Revenue Across Businesses JPMorgan Chase's fourth-quarter results were a blowout. Here are the highlights: Profit was up 50%. That amounted to $4.81 a share, well above what analysts polled by FactSet expected at $4.09. Revenue rose 11% to $42. Featured Content JPMorgan notches another record year of profits The nation's largest bank earned $14 billion in the final quarter of 2024 due largely to a Wall Street revival, pushing its annual haul to an all-time record of $58 billion. New Balance sales jump 20% in 2024, reach record $7.8 billion New Balance CEO Joe Preston told Yahoo Finance that the sneaker company had its best year ever in 2024, with global annual sales reaching $7.8 billion — a 20% increase from 2023. Walgreens turnaround strategy, sale of VillageMD boosts 2025 Q1 Walgreens is selling its stake in VillageMD as CEO Tim Wentworth moves ahead with his turnaround strategy. Delta stock pops following Q4 earnings beat as CEO sees 'a great amount of momentum' Delta Q4 results landed above expectations, boosted by corporate and international travel demand Walgreens Q1 2025 earnings preview: Here's what to expect Walgreens is expected to report in-line earnings for the first fiscal quarter of 2025 amid a backdrop of ongoing take-private talks. GM sales rise 4% in 2024, powered by trucks, SUVs, and EVs GM reported strong fourth quarter and full-year 2024 sales results in the US, capping off a strong year for the Big Three automaker. GM’s results come as crosstown rival Ford also saw sales gain in Q4 and for the year. Nike CEO Elliott Hill: Our turnaround will be challenging and will hinge on sports Nike is slowly moving in the right direction by going back to the basics. Costco posts another quarter of sales growth against an uncertain consumer environment Costco reported its fiscal first quarter as inflation-weary consumers turn to the wholesale retailer. Macy's delayed Q3 results show sales decline as its stock drops As activist pressure builds, Macy's is reporting tepid sales results. Lululemon stock rises on profit beat as company boosts full-year outlook Lululemon stock rose after the company reported its third quarter results after the closing bell on Thursday. Wells Fargo Stock Climbs as Earnings Top Estimates Wells Fargo shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates. JPMorgan notches another record year of profits The nation's largest bank earned $14 billion in the final quarter of 2024 due largely to a Wall Street revival, pushing its annual haul to an all-time record of $58 billion. Luxury Stocks’ Recent Rally Faces High-Stakes Earnings Test (Bloomberg) -- Europe’s beaten-down luxury stocks have turned a corner the past two months, increasing the stakes for the earnings the companies are about to announce.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chase Policy Amid Rising Crashes, InjuriesChurches, Cinemas — and Moon Artifacts — Top List of Endangered MonumentsSpecu Stock Futures Up Amid Major Bank Earnings and Key Inflation Data Investors hope fourth-quarter earnings season will revive a faltering market rally. Financial companies are among the first up to report for the quarter, and are seen delivering some of the market’s strongest earnings growth, at 40% for the sector. The December consumer-price index follows at 8:30 a.m. ET, a data point that will feed into expectations of Federal Reserve easing this year. Wall St surges as inflation data, bank earnings fuel rally U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than two months, as lower-than-expected December core inflation data and solid earnings from major U.S. banks fueled a rally. The Labor Department said the consumer price index (CPI) increased the most in nine months as energy costs rose, although a measure of underlying inflation pressures subsided. Data on Tuesday showed the producer price index (PPI) rose less than expected. Maintenance and Repair Distributors Q3 Earnings: DXP (NASDAQ:DXPE) Simply the Best Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at DXP (NASDAQ:DXPE) and the best and worst performers in the maintenance and repair distributors industry. Q4 Earnings Review: Shelf-Stable Food Stocks Led by General Mills (NYSE:GIS) The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how shelf-stable food stocks fared in Q4, starting with General Mills (NYSE:GIS). Unpacking Q3 Earnings: DoubleVerify (NYSE:DV) In The Context Of Other Advertising Software Stocks As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the advertising software industry, including DoubleVerify (NYSE:DV) and its peers. Orion (ORN): Buy, Sell, or Hold Post Q3 Earnings? Shareholders of Orion would probably like to forget the past six months even happened. The stock dropped 28.9% and now trades at $7.28. This may have investors wondering how to approach the situation. Designer Brands (DBI): Buy, Sell, or Hold Post Q3 Earnings? Designer Brands’s stock price has taken a beating over the past six months, shedding 21.7% of its value and falling to $5.34 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation. Apparel and Accessories Stocks Q3 Earnings Review: Stitch Fix (NASDAQ:SFIX) Shines Looking back on apparel and accessories stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Stitch Fix (NASDAQ:SFIX) and its peers. A Look Back at Home Construction Materials Stocks’ Q3 Earnings: Owens Corning (NYSE:OC) Vs The Rest Of The Pack Wrapping up Q3 earnings, we look at the numbers and key takeaways for the home construction materials stocks, including Owens Corning (NYSE:OC) and its peers. Q3 Earnings Outperformers: ABM Industries (NYSE:ABM) And The Rest Of The Environmental and Facilities Services Stocks As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at environmental and facilities services stocks, starting with ABM Industries (NYSE:ABM). Unpacking Q3 Earnings: Match Group (NASDAQ:MTCH) In The Context Of Other Consumer Subscription Stocks Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Match Group (NASDAQ:MTCH) and its peers. Q3 Earnings Highs And Lows: Zurn Elkay (NYSE:ZWS) Vs The Rest Of The HVAC and Water Systems Stocks Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Zurn Elkay (NYSE:ZWS) and the best and worst performers in the hvac and water systems industry. Three Things to Watch as JPMorgan Chase, Goldman Sachs and Other Banks Report Earnings Big banks including JPMorgan Chase and Goldman Sachs start reporting their fourth-quarter earnings today. Here are three things to eye in the results: 1. Revenues from investment banking and trading Donald Trump’s prospective return to the White House sparked hopes of a boom on Wall Street. Insteel (IIIN) Reports Q4: Everything You Need To Know Ahead Of Earnings Steel wire manufacturer Insteel (NYSE:IIIN) will be reporting earnings tomorrow before the bell. Here’s what investors should know. GE Vernova Stock Surges as BofA Boosts Price Target Ahead of Earnings GE Vernova shares jumped Tuesday as Bank of America analysts raised their price target ahead of the company’s fourth-quarter earnings report next week. Morning Bid: Markets catch a break before inflation, earnings Thanks largely to a stabilisation of bond markets and an ebbing of the super-strong dollar, global stocks caught a rare new year bid on Tuesday with critical inflation and corporate earnings updates now in view. A slightly bizarre narrative developed behind Monday's bounce in stocks, with some citing a Bloomberg report claiming President-elect Donald Trump's team is studying gradual tariff hikes - using emergency legislation to boost import duties 2%-5% per month until they wreak concessions from trade partners. With December producer and consumer price reports due out today and Wednesday, respectively, 10-year benchmark Treasury yields have dialled back from 14-month highs above 4.8% hit on Monday and 30-year 'long bond' yields are balking at 5% for now. What Wall Street Analysts Think of UnitedHealth's Stock Ahead of Earnings UnitedHealth Group is slated to report fourth quarter earnings before the market opens Thursday. Analysts are generally bullish ahead of the results. Q3 Earnings Highlights: John Bean (NYSE:JBT) Vs The Rest Of The General Industrial Machinery Stocks As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including John Bean (NYSE:JBT) and its peers. Zeta (ZETA): Buy, Sell, or Hold Post Q3 Earnings? Over the last six months, Zeta’s shares have sunk to $17.33, producing a disappointing 9.5% loss - a stark contrast to the S&P 500’s 4.2% gain. This may have investors wondering how to approach the situation. Reflecting On Leisure Products Stocks’ Q3 Earnings: MasterCraft (NASDAQ:MCFT) The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure products stocks fared in Q3, starting with MasterCraft (NASDAQ:MCFT). Appian (APPN): Buy, Sell, or Hold Post Q3 Earnings? Over the past six months, Appian’s stock price fell to $32.70. Shareholders have lost 5.2% of their capital, which is disappointing considering the S&P 500 has climbed by 4.1%. This may have investors wondering how to approach the situation. Shelf-Stable Food Stocks Q4 Earnings: General Mills (NYSE:GIS) Firing on All Cylinders As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including General Mills (NYSE:GIS) and its peers. A Look Back at Electronic Components Stocks’ Q3 Earnings: Allient (NASDAQ:ALNT) Vs The Rest Of The Pack As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the electronic components industry, including Allient (NASDAQ:ALNT) and its peers. Unpacking Q3 Earnings: Yum China (NYSE:YUMC) In The Context Of Other Traditional Fast Food Stocks The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Yum China (NYSE:YUMC) and the rest of the traditional fast food stocks fared in Q3. Q3 Earnings Roundup: GitLab (NASDAQ:GTLB) And The Rest Of The Software Development Segment Let’s dig into the relative performance of GitLab (NASDAQ:GTLB) and its peers as we unravel the now-completed Q3 software development earnings season. Inflation Data, Bank Earnings Bonanza: What to Watch Tuesday Onward This Week Here are some key corporate results, economic data releases and other events to watch for this week: Today PPI report: A December readout for the producer-price index, a gauge of wholesale inflation, is due at 8:30 a. Stock market today: Equities attempt rebound ahead of earnings season A monthlong stock market decline sparked by surging bond yields could be interrupted by strong 4th quarter earnings. 3 trends to watch as earnings season kicks off Nearly 75% of S&P 500 companies will have reported their results by February 7, giving investors a clear picture of what 2025 could look like. The surging dollar will separate the winners and losers this earnings season A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says. What Analysts Think of Bank of America Stock Ahead of Earnings Bank of America is scheduled to post its fourth-quarter earnings report before the opening bell Thursday, with analysts expecting rising revenue and profits. Strong US dollar to test 'recurring phenomenon' this earnings season The US dollar has surged into the new year — and its rapid rise could further test corporate earnings. New Balance sales jump 20% in 2024, reach record $7.8 billion New Balance CEO Joe Preston told Yahoo Finance that the sneaker company had its best year ever in 2024, with global annual sales reaching $7.8 billion — a 20% increase from 2023. Watch These TSMC Price Levels as the Chipmaker's Earnings Report Looms TSMC shares will likely remain in the spotlight ahead of the contract chipmaker’s fourth quarter earnings report due Thursday before the opening bell. Monitor these important chart levels. Traders Brace for Biggest S&P Earnings-Day Reactions Ever (Bloomberg) -- Traders are bracing for one of the most volatile earnings periods in stock market history.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionAt least that’s what they are positioning for two days before big banks kick off the reporting cycle in the US. Options traders expect individual stocks in the S&P 500 Index to move 4. What Analysts Think of JPMorgan Chase Stock Ahead of Earnings JPMorgan Chase is scheduled to report earnings before the opening bell Wednesday, kicking off a stretch of earnings reports as America's largest financial institutions wrap up their 2024s. Country Garden's property services arm expects annual earnings to fall The unit, Country Garden Services , said the impairment was primarily because the expansion of its sanitation business had not been carried out as was scheduled and expected in the past years, leading to a drop in both sales and profit. The long payment period of some customers of the sanitation business had also resulted in some "unsatisfactory" cash flows, Country Garden Services said in an exchange filing. Options Traders Expect Big Post-Earnings Stock Swings Options traders are ready for big stock swings this earnings season. Market pricing implies an average 4.7% post-earnings move in individual stocks, according to Bank of America data. For the third quarter, stocks moved 5. What Wall Street Analysts Think of Goldman Sachs Stock Ahead of Earnings Goldman Sachs is set to report fourth-quarter results before the market opens Wednesday, with analysts expecting revenue and net interest income growth. Q3 Earnings Highs And Lows: Lincoln Educational (NASDAQ:LINC) Vs The Rest Of The Education Services Stocks As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the education services industry, including Lincoln Educational (NASDAQ:LINC) and its peers. Unpacking Q3 Earnings: J. M. Smucker (NYSE:SJM) In The Context Of Other Shelf-Stable Food Stocks As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at shelf-stable food stocks, starting with J. M. Smucker (NYSE:SJM). Skillz (SKLZ): Buy, Sell, or Hold Post Q3 Earnings? What a brutal six months it’s been for Skillz. The stock has dropped 24.3% and now trades at $5.10, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Reflecting On Leisure Facilities Stocks’ Q3 Earnings: Topgolf Callaway (NYSE:MODG) Looking back on leisure facilities stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Topgolf Callaway (NYSE:MODG) and its peers.
