News

Given the buy-side significance placed on leadership quality, C-suite transitions are a watershed event and potential rerating catalyst — up or down — for public companies.

Despite increased concerns over the consumer, the political landscape, and the economy, surveyed financial professionals largely expected Q2’24 results to be in line with both last quarter and relative to consensus, and annual guides to be maintained.

Rather than counting on resurgent volumes, executives are squarely focused on controlling what they can control, highlighting expense management and productivity initiatives — and, in some cases, headcount reduction — that are starting to bear fruit and drive margin expansion.

Executive mentions of consumer softness and a cautious discretionary spending environment remain prevalent this earnings season, a continuation of the trend exhibited last quarter.

Earnings across the sector have been mixed, with commentary reflecting a cautious tone due to more pronounced macro uncertainty and various idiosyncratic challenges.

This earnings season, U.S. Banks are reporting largely solid results relative to Street expectations with most posting Q2 beats on the top- and bottom-line.

Earnings season is quickly approaching!

Heading into earnings season, our Q1’24 Inside The Buy-Side® Earnings Primer® survey, published April 11, registered higher optimism despite dashed rate cut hopes and stickier inflation.

An examination of Materials sector earnings announcements this quarter finds an improving executive tone.

Many observed a cautious consumer environment through the first three months of the year, leading to subdued traffic, sales, and a more competitive landscape overall, especially in regions like China where recovery has been slower than expected.