Earnings Season 3Q14 Preview

3Q14_earnings pt1

Earnings Season 3Q14 Preview

EARNINGS SEASON 3Q14 PREVIEW – EARNINGS EXPECTATIONS

Earnings Season 3Q14 Preview shows earnings are forecasted to be a bit higher than long-term averages. Here are the key numbers markets will be watching.

  • Earnings are expected to grow 4.6%
  • Telecom sector is expected to be the strongest sector 
  • Consumer Discretionary Spending is the only sector expected to report year-over-year decline
  • GUIDANCE FOR 3Q14 (FROM 2Q14)
  • Negative guidance has been the trend for the past few quarters. Last quarter was no exception.
  • Last quarter, 82 companies issued negative EPS estimates; 27 issued positive EPS expectations.

The Source for stats was FactSet unless otherwise indicated.

 

EARNINGS SEASON 2Q14 REVIEW

LAST QUARTER 2Q14 – EARNINGS

  • 68% of stocks reported greater than expected earnings
  • 10% of earnings were in line
  • 22% of stock reported earnings below expectations

 

LAST FOUR QUARTERS 2Q14 – EARNINGS

  • 67% of stocks reported greater than expected earnings
  • 10% of earnings were in line
  • 23% of stock reported earnings below expectations

 

LONG-TERM AVG’S (20 yrs) 1994 – 2014 EARNINGS

  • 63% of stocks reported greater than expected earnings
  • 16% of earnings were in line
  • 21% of stock reported earnings below expectations

Table 1 breaks down the above statistics into industry sectors (source: Thomson I/B/E/S). Last quarter, Health Care was the stand out winner with 84% of companies reporting earnings 8% higher than expected, while 89% of healthcare revenues were reported 4% higher than expected.

Earnings Season 3Q14 - Preview

 

EARNINGS SEASON 3Q14 PREVIEW

Below are tables with a list of the earnings release dates, as well as the predicted move for this earnings season, the change in stock price since last earnings season and the estimated EPS.

Earnings Season 3Q14 - Preview

Source: http://www.stocksearning.com/

For Earnings Release dates and prior stock moves from October 20, 2014,on click here.

Well, there are the numbers we need to focus on. More news to follow as earnings reports are reviewed, cleansed of talking head nonsense.

 

TAGS: average price move on earnings releaseearnings expectations 3Q14Earnings Season 3Q14

 

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