US earnings season

US earnings season

The game of US earnings season’s big day

The Corner | April 2015 | Welcome to the heart of earnings season, with one-third of the S&P 500’s firms reporting today –Google, Amazon, Pepsico, Procter & Gamble and Starbucks amonth them. Analysts are pointing that 75% of the companies have beat forecasts, which is better than the 63% average since 1994. “Everyone knows the game: analysts reduce investors’ EPS expectations so firms can beat them,” experts at Link commented.

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Markets know the game: Reducing investors’ EPS expectations so firms can beat them

The Corner | April 12, 2015 | Earnings season is warming up on Wall Street. During the week the major US banks will present their results (tomorrow, JP Morgan and Wells Fargo), which will impact the course of American stocks in the short/medium term. Should US companies show a pessimistic picture with their 1Q earnings, that would mean the US economy is in worse shape than predicted. But are these expectations part of a wider game?