Earnings season is moving fast and furious with the latest batch of results and guides indicating more pronounced weakness than what the markets were expecting and certainly relative to the strong Q2 GDP print published this week.
No matter what happens, it is increasingly clear that guiding the Street for 2024 will be a larger-than-normal challenge for many companies — especially for the Banks.
Conservatism will again be the strategy and as we have consistently shared with our clients since Q3 2021, bullish on our company, not on the macro!
At a fundamental level, U.S. Banks appear to have made it through Q3 fairly well.
Survey Finds Less Cautious and More Neutral Investor Sentiment Despite Near-Universal Expectations for Industrial Slowdown and Elevated Concerns on Interest Rate Environment and Geopolitical Risk
We hope you find our primary research timely, informative, and actionable, beginning with today’s “Commencing the Quarter” and throughout the Q3 2023 earnings season as we report on updates and emerging trends.
During our webinar: The Big So What® – Q3’23 Earnings Season our Founder & CEO, Rebecca Corbin presented a detailed overview of Corbin’s proprietary research and concludes with a Q&A session.
During our webinar The Big So What® – Q3’23 Earnings Season our Founder & CEO, Rebecca Corbin provided an expert lens on what we’re hearing and seeing this earnings season and how that aligns with or differs from Wall Street sentiment, as well as share actionable insights and global market trends aimed at helping companies successfully navigate the current landscape.
Investor Sentiment Reflects Increasing Caution Heading into Q3 Amid Continued Growth Concerns with Margins Prioritized; Geopolitical Risk — China Specifically — Dominates Mindshare
We have now entered earnings mode and this quarter is shaping up to be a dynamic one, coming off a largely beat-and-raise Q2. We are seeing more pronounced slowing across sectors, while mixed economic data continues to muddy the waters.
